Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Bar - Cafe - Restaurant - Under Management - Unique Dining Experience For Sale

Ascot, Queensland, Australia
Asking Price:
$599,000 (AUD)
Sales Revenue:
$1,560,000 (AUD)
Cash Flow:
$156,000 (AUD)

Bar - Cafe - Restaurant - Events venue serving a modern fusion Asian / Vietnamese cuisine with full breakfast, lunch and dinner menus. - Serves a unique house menu for breakfast and lunch such as crispy pork belly boa buns, verandah porridge, BLT salads, brekky bowls, also many regular dishes including eggs Benedict, bacon & eggs. - Catering menu options for strict dietary requirements also available. - Fully licensed serving a range of Australians finest wines, craft beers, Champagne and a variety of unique cocktails. - Full commercial kitchen - 2 separate sections for the espresso bar & Restaurant / bar dine in. - Seating 200+ inside & out.

Potential
Could expand on offering more exclusive events and functions. - No current local marketing being done for surrounding residences for lunch and breakfast specials. - This business would suit two owner operators.

Features
Licenced - A very unique dining experience with espresso bar & bar being separate to restaurant. - Fit out cost was over $900k.

Premises
This business has an area of 400m2 with a large alfresco dining area, office space & additional storage.

Location
Close to a major race track in one of the original premium precincts of Brisbane with great proximity to airport & CBD.

Trading Hours
Cafe - Mon. - Sun. - 600 a.m. - 200 p.m. - Bar / Restaurant - 700 a.m. - 900 p.m. - Tues. - Sun. - closed Monday.

Lease
10 year lease expires May, 2021 + 5 year option - -.-.- increases. - 3 month bond.

Employees
1 owner + 1 full time Manager + 3 full timers +. 20 casuals.

Comments

Property Information

Location:

Close to a major race track in one of the original premium precincts of Brisbane with great proximity to airport & CBD.

Business Operation

Expansion Potential:

Could expand on offering more exclusive events and functions. - No current local marketing being done for surrounding residences for lunch and breakfast specials. - This business would suit two owner operators.

Trading hours:

Cafe - Mon. - Sun. - 600 a.m. - 200 p.m. - Bar / Restaurant - 700 a.m. - 900 p.m. - Tues. - Sun. - closed Monday.

Employees:
1 owner + 1 full time Manager + 3 full timers +. 20 casuals.
Years established:
2005

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here