Located in the heart of Brisbane's bustling food scene, this stylish and highly successful restaurant boasts an impressive $2.4 million turnover, with a loyal local clientele and an average spend of $70 per guest.
With a stunning fit-out and an inviting ambiance, this restaurant provides a dining experience that keeps customers coming back for more. Offering gourmet dishes and creative cocktails in a vibrant, contemporary setting, this business competes at the highest level.
Having worked in the industry for many years, I can confidently say the systems, processes, and branding materials included in this sale are second to none. These resources alone, valued at $100,000, are invaluable and will be passed on to the new owner. The streamlined operations mean the kitchen is not reliant on a single chef, making this a highly efficient and easily manageable business.
This is an exceptional opportunity for anyone looking to grow in the hospitality industry. The experienced owner is willing to provide an extended handover and training period to ensure a seamless transition.
With a gross rent well under 10%, strong net profits, and healthy sales, all the hard work has already been done. It's ready for expansion or to be enjoyed as-is. Don't miss out schedule a viewing today!
Lease Details
Expires December 2027 + 5 year Option
3.25% annual increases
Premises Details
137m2 + 57m2 and 13m2 licenced al fresco seating areas
Staff Details
The venue is run fully under management with the owner completely hands off.
The venue has a full time contracted GM and 2IC Front of House and a Head Chef and 2IC Back of House as well as Part Time contracted Shift Runners and a Team Members Front of House, Back of House and Bar around 15-20 in total depending on season.
Opening Hours
Sunday - Thursday 12 noon - 9pm
Friday and Saturday 12 noon - 10pm
Opportunity
A highly attractive package for prospective investors or owners seeking a high-potential hospitality venture.
**Weekly**
Sales $46,000
Rent $3,362
Net Profit $5,039 (Under Management)
