Premium Rooftop Venue & Trademarked Brand
A genuinely exciting opportunity to acquire a highly profitable, architecturally designed rooftop bar that has consistently gone from strength to strength. Located in a thriving Brisbane Northside precinct, this fully fitted venue offers a refined blend of food and beverage options and is great for private events or the range of highly attended weekly events.
This business ticks every box for a savvy investor or hospitality group:
- Highly Profitable: Exceptional performance with net sales up 10% year to date vs FY23 sitting at over $49,000.
- Fully Under Management: A sophisticated management structure is already in place, allowing for a seamless transition.
- Turnkey Systems: The operation is highly systematized with a comprehensive tech stack, including staff portals and integrated task management apps.
- Lucrative Event Trade: A dominant force in the local market for group bookings, anniversaries, and largescale private events.
- Trademarked Brand & Scalability: Sale includes ownership of the trademarked brand. The business model has been meticulously developed for replication via franchising, licensing, or multisite expansion.
Key Financial Performance (FY24 YTD)
- Annual Sales ~$2.55M (Projected)
- Wages 30.85%
- COGS 24.7%
- Lease 6.89% Gross Lease (Incredible value)
- Lease Term 14 years remaining
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The 4.5 x 10 year lease commenced in Dec 2019. - 3% CPI increases - A Six Month bond is required.
Premises Details
300sqm - Full commercial kitchen and store room. Undercover, indoor, Outdoor seating area + Internal Toilets
Staff Details
The business is currently run under management with 4 salaried staff (3 FOH and 1 Kitchen) with a casual team of 5
Opening Hours
6 days.
Tuesday 5-9pm
Wednesday 5-9:30pm
Thursday 5-9:30pm
Friday 12-11pm
Saturday 12-11pm
Sunday 12-9pm
Opportunity
Incredible opportunity to reproduce this concept and brand. It has been built with this idea front of mind. Further increase profitability by improving COGS, Wages and overspend on some expenses.
**Weekly**
Sales $45,248.88
Rent $3,205.99
Wages $14,449.76
Net Profit $5,548.32
