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Waterfront Restaurant/ Cafe Moreton Bay Region For Sale #4121 For Sale

Brisbane, Queensland, Australia
Asking Price:
$295,000 + SAV
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Price: $295,000 + SAV
- Categories: Food/Hospitality
Under the current owners this superbly located establishment, without any nearby competition, has built a well deserved reputation for offering an outstanding quality menu. The establishment has a VIP mailing list as well as a large social media presence including thousands of Facebook followers.

The Restaurant is open 6 nights serving Woodfired Italian a-la-carte; Pizzas, Pastas, Steaks, Seafood and house made desserts. The Restaurant also specialises in Antipasto platters and Italian Tapas.

The Cafe is open 7 days serving all day breakfast classics as well as lunch and seafood options (All cakes are baked on premises). The Cafe also specialises in high tea offerings, unique breakfast platters and seafood platters.

Turning the Cafe into a completely separate restaurant is a distinct possibility.

* Visually extremely appealing establishment in an ideal location
* Quality fitout and furniture,
* Excellent, highly functional kitchen
* Currently turnover is in excess of $10,000 per week
* Delivering an excellent return to the owners
* Long term lease
* Catering to a diverse range of customers including cashed up retirees. Intimate private corporate events and parties are also catered for.

This business has unbelievable growth potential. The current owners have plans to increase the turnover/profitability but are reluctantly selling due to family commitments.
* Currently there's no online food delivery service, the re-introduction would see the turnover increase substantially, especially with the superior quality of the current menu. The previous owner generated $1,500-$2,000 per week with Menulog.
* The introduction of functions such as weddings (just started) will be a huge bonus.
* There are current and future, new large residential developments within walking distance.
* The planned future change to the layout of the restaurant/cafe will see the bottom line improve by around $75,000 per annum.

$295,000 + SAV (approx. $5,000)

Business Broker: Arnold P Kelsey.

Contact ABS Business Sales Pty Ltd

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