A well-established restaurant located in the heart of South Brisbane's bustling Southbank precinct is now on the market. Operating for 3.5 years, this restaurant offers a unique blend of Modern Australian, Breakfast, and Asian Fusion cuisine, catering to a diverse and discerning clientele.
Most known for its casual yet high-quality breakfast offerings, the restaurant has become a go-to destination for locals and tourists alike, contributing significantly to its success. With a seating capacity of approximately 80, the restaurant boasts an average weekly net revenue of $26,800, with peaks of 40k+.
In 2023, the restaurant completed a renovation, enhancing its appeal and ensuring a fresh and inviting atmosphere for patrons.
Situated in a high-traffic area, the business benefits from a secure 5-year lease, with an option to renew upon application by new owners. Priced at $220,000 including Stock at Value (SAV) of approximately $20,000, this turnkey operation offers a seamless transition for new owners.
The current owners are committed to a full handover and onboarding process, with the business being fully managed, requiring owners' involvement only in top-level tasks such as bookkeeping. Don't miss this opportunity to own a thriving restaurant in one of Brisbane's most vibrant locations.
