Visit this listing at https://www.sbx.com.au/business?id=TTQX1004

Business Code: TTQX1004

Key Features: Good opportunity

State: QLD

Suburb: Springwood

Location: Situated in South Brisbane in corporate hotel tower.

Description

Restaurant - bistro serving Modern Australian cuisine - Breakfast, lunch & dinner Mondays to Fridays - Also open during the weekend for private bookings of 30 to 200 people - Currently doing 4 kgs. coffee per week - Full commercial kitchen. - 200 seats - Business specialises in functions, training seminars, sales meetings, product launches, engagement parties and weddings. - Has two function rooms with the capability of forming a larger room.

Summary

  • Features: Fantastic fully equipped kitchen - Low rent - Guaranteed clientele from hotel
  • Potential: Could do a refurbishment - Increase restaurant trade - increase functions.
  • Premises: This business has an area of 100 sq. mts. downstairs and function area of 489 sq. mts. upstairs.
  • Trading Hours: 5 days - Mon. - Fri. - 6 a.m. to 9.00 p.m. - Sat. bookings on request
  • Lease: Current lease commenced April, 2015 - 3 + 3 + 3 year option
  • Employees: 2 owners + 5 casual staff
  • Comments: This business would suit buyer with functions and events knowledge. - Well equipped Kitchen which could work for outside catering

Weekly Summary

Weekly Takings (inc GST)

$12,000

Cost of Goods

$3,600

Gross Profit

$8,400

Rent

$1,036

Wages

$1,538

Telephone

$66

Insurance

$43

Misc1

$3,717

Total Expenses

$6,400

Estimated Stock (Additional)

$2,000

Equipment (Included)

$80,000

Net Profit

$2,000

Price

$120,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Function Centre

Business Code: TTQX1004

Key Features: Good opportunity

State: QLD

Suburb: Springwood

Location: Situated in South Brisbane in corporate hotel tower.

Description

Restaurant - bistro serving Modern Australian cuisine - Breakfast, lunch & dinner Mondays to Fridays - Also open during the weekend for private bookings of 30 to 200 people - Currently doing 4 kgs. coffee per week - Full commercial kitchen. - 200 seats - Business specialises in functions, training seminars, sales meetings, product launches, engagement parties and weddings. - Has two function rooms with the capability of forming a larger room.

Summary

  • Features: Fantastic fully equipped kitchen - Low rent - Guaranteed clientele from hotel
  • Potential: Could do a refurbishment - Increase restaurant trade - increase functions.
  • Premises: This business has an area of 100 sq. mts. downstairs and function area of 489 sq. mts. upstairs.
  • Trading Hours: 5 days - Mon. - Fri. - 6 a.m. to 9.00 p.m. - Sat. bookings on request
  • Lease: Current lease commenced April, 2015 - 3 + 3 + 3 year option
  • Employees: 2 owners + 5 casual staff
  • Comments: This business would suit buyer with functions and events knowledge. - Well equipped Kitchen which could work for outside catering

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$3,600

Gross Profit

$8,400

Rent

$1,036

Wages

$1,538

Telephone

$66

Insurance

$43

Misc1

$3,717

Total Expenses

$6,400

Estimated Stock (Additional)

$2,000

Equipment (Included)

$80,000

Net Profit

$2,000

Price

$120,000

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