Visit this listing at https://www.sbx.com.au/business?id=TTQW1058QQ

Business Code: TTQW1058QQ

Key Features: Bar - Cafe - Restaurant - Brisbane CBD - Sales $40,000 p.w.

State: QLD

Suburb: Brisbane City, 4000

Location: Situated in the heart of Brisbane CBD with direct street access and high visibility.

Description

Bar - Cafe - Restaurant serving breakfast and a well-designed lunch & dinner menu including charcuterie, slow cooked meats as well as traditional alehouse, a large selection of craft beer, imported & local wines, cocktails and top quality spirits. - Outside, a spacious wraparound terrace with capacity up to 100 people overlooking some of the citys finest heritage buildings. - 70 seats inside. - This venue represents the perfect inner-city dining location for city shoppers, office workers and travellers.

Summary

  • Features: Brisbane CBDs best value breakfast. -Million dollar fit-out - Onsite manager. - Secure, profitable business. - Well established & very popular. - Long lease.
  • Potential: All digital marketing and fantastic website in place offering bookings for functions & special events. - An owner operator would increase the net profit percentage by saving on wages and working in the business. - Plenty of room for improvements.
  • Premises: Business has an area of 144 m2 inside plus an exclusive 77 m2 outdoor area.
  • Trading Hours: 5.5 days - Mon. - Fri. - 7 a.m. - 11.30 a.m. - Sat. - 11.30 a.m. - 12 a.m.
  • Lease: 5 years lease commenced May 2015 + 5 + 5 year options to renew - 3.5% C.P.I. increases. - Security deposit of 3 months rent + GST.
  • Employees: 1 Manager + 7 kitchen staff + 7 floor staff.
  • Comments: Other services: functions, catering, cocktail events, corporate dinners, birthday celebrations or weddings. - Voted Best Beer Cafe in QLD 2016 and again in 2017. - First time offered in the market - Iconic venue & location.

Weekly Summary

Weekly Takings (inc GST)

$40,000

Cost of Goods

$12,500

Gross Profit

$27,500

Rent

$3,200

Wages

$15,200

Outgoings

$800

Misc1

$4,000

Total Expenses

$23,200

Equipment (Included)

$600,000

Net Profit

$4,300

Price

$550,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bar - Restaurant

Business Code: TTQW1058QQ
Price: $550,000

Key Features: Bar - Cafe - Restaurant - Brisbane CBD - Sales $40,000 p.w.

State: QLD

Suburb: Brisbane City, 4000

Location: Situated in the heart of Brisbane CBD with direct street access and high visibility.

Description

Bar - Cafe - Restaurant serving breakfast and a well-designed lunch & dinner menu including charcuterie, slow cooked meats as well as traditional alehouse, a large selection of craft beer, imported & local wines, cocktails and top quality spirits. - Outside, a spacious wraparound terrace with capacity up to 100 people overlooking some of the citys finest heritage buildings. - 70 seats inside. - This venue represents the perfect inner-city dining location for city shoppers, office workers and travellers.

Summary

  • Features: Brisbane CBDs best value breakfast. -Million dollar fit-out - Onsite manager. - Secure, profitable business. - Well established & very popular. - Long lease.
  • Potential: All digital marketing and fantastic website in place offering bookings for functions & special events. - An owner operator would increase the net profit percentage by saving on wages and working in the business. - Plenty of room for improvements.
  • Premises: Business has an area of 144 m2 inside plus an exclusive 77 m2 outdoor area.
  • Trading Hours: 5.5 days - Mon. - Fri. - 7 a.m. - 11.30 a.m. - Sat. - 11.30 a.m. - 12 a.m.
  • Lease: 5 years lease commenced May 2015 + 5 + 5 year options to renew - 3.5% C.P.I. increases. - Security deposit of 3 months rent + GST.
  • Employees: 1 Manager + 7 kitchen staff + 7 floor staff.
  • Comments: Other services: functions, catering, cocktail events, corporate dinners, birthday celebrations or weddings. - Voted Best Beer Cafe in QLD 2016 and again in 2017. - First time offered in the market - Iconic venue & location.

Weekly Summary

Weekly Takings
(inc GST)

$40,000

Cost of Goods

$12,500

Gross Profit

$27,500

Rent (ex GST)

$3,200

Wages

$15,200

Outgoings

$800

Misc1

$4,000

Total Expenses

$23,200

Equipment (Included)

$600,000

Net Profit

$4,300

Price

$550,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.