Established, family-owned, and trusted seafood restaurant that is situated in an excellent location.
Established for over 30-years
Located 10-minutes from Brisbane CBD
The landlord is open to negotiating a new lease agreement with the incoming owner.
Reason for Sale
The owners want to focus on other ventures
About the Business
This Seafood restaurant has developed a strong reputation and is located amongst a bustling shopping scene with antiques, clothing stores & homewares. The restaurant offers delicious seafood eats.
o Open 7 days a week
o Owners work 15-20 hours a week offering a work-life balance
o Large base of loyal customers
o Strong financial record with revenues of $729k+ & net profits of $239k+
o Reliable employees with the positive work culture
o Reputable restaurant with high-star ratings
The landlord is open to negotiating a new lease agreement with the incoming owner. Commencing rent of $60,000 + GST & Outgoings.
** This is a 20% reduction in the rent currently being paid
This is opportunity won't last long.
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Property Code: 55