Property Features

Property ID: 3310639

Beautifully Fitted Caf /Restaurant / Bar Prime Location for SALE!! $395,000

Sales: $993,000
Approx Rent: $70,000
Estimated adjusted Net Profit: $131,000

Cafe/Bar & Restaurant - Premium alfresco dining restaurant, plus bar in a corporate area of Brisbane fringe.

Offering breakfast, lunch and dinner. Trading 5 days a week. Large focus on craft beer, boutique wines & contemporary Australian food. Fully equipped commercial kitchen and display cabinet for cakes and bakery goods. Invested $500,000 on beautiful European style fit out.
Approximately 100 seats outside and 60 inside.

Business has a great potential by extending trading hours. Booking for functions & catering for corporate offices. All the hard work has been done and the business now needs a savvy new business owner / operator to take it to the next level.

Area approximately 140 sq meters.

Trading 5 days a week. Mon & Tues 7am to 3pm, Wednesday to Friday 7am till 11pm.

Current Lease expires in year 2025 + 5 year option, + 3% annual increase.

6 Full time employees and 5 part time employees

Close proximity to Brisbane main sports ground

For more information please contact Paul O'Connell.