Reference No: AMTFC2005

Food and Hospitality
Brisbane QLD

Price: $595,000 + S.A.V. question mark popup button

Brisbane West – Café/Restaurant/Bistro, Prime Location For Sale

This profitable and well established café/restaurant has recently been relocated into this fashionable hotel building full of charm and character. The location has great exposure to foot traffic and is situated on a main road.

The previous owner held a Commercial Hotel Licence so the opportunity exists to reinstate this and take the business to the next level.

The size and the layout of the premises presents huge opportunity for the new owner to operate many different business models successfully (café, restaurant, pub, bistro).

The business benefits from street seating, indoor/outdoor area, a function room with a separate bar for private events.There is also a full commercial kitchen, walk in cool room, walk in freezer and beers on tap.

This is a highly profitable business that ticks all the boxes and is already producing strong consistent sales.

This business has been established in its current format for several years and it currently trades seven days serving breakfast and lunch (7am – 3pm) and dinner five days (Tuesday to Saturday) till late.

The current owner has been in the industry for many years and has now decided to step back and relax. A full training and handover period is being offered to ensure a smooth transition of ownership.

This opportunity will suit an investor looking for a business under management or an experienced owner operator looking for a larger operation.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease
The 2 x 3 x 3 year lease commenced in Nov 2019. - CPI. increases – A three months bond is required.
Staff
The business is currently run by the owners and employs three full time chefs, two full time FOH and ten casuals.

Trading Hours
7 days – Mon – Sun 7 a.m. to 3 p.m.
5 days – Tue – Sat dinner till late

Premises
Approx. 440 square metres. - Toilets, Full commercial kitchen and store room, walk in cool room, beer room, walk in freezer, Outdoor seating area, indoor seating, street seating, private room, function room with separate bar, projector.

Opportunity
Reinstate Commercial Hotel Licence
Extend the trading hours, operate as a pub/restaurant in the evenings. Establish a catering side of the business.

**Weekly**
Turnover (inc GST) $31,000
Rent $1,007.00
Net Profit $6357.87

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Price: $595,000 + S.A.V.
GSE Business Consultants
Address:
Level 32, 101 Miller Street
North Sydney, NSW, 2060

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