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Restaurant business for sale in QLD

  • Restaurant
  • QLD
  • Expression of Interest

Prime Newstead Restaurant & Bar with 2+ Million Turnover GASWORKS PRECINCT

Off Market Group is pleased to extend a unique opportunity to acquire Newstead's premier destination for bottomless brunch, drinks, and eats.

This exceptional restaurant, situated in the heart of Newstead Precinct, boasts a turnover of 2 million+, an expansive 338m² licensed area, and a full commercial kitchen. With nothing to spend and a 2+ million fit-out, this turnkey operation under management is ready for a motivated operator. Featuring an 18-year strong tenure lease, excellent exposure, and seating capacity for 150+, this prime location is priced to sell well below the replacement costs of the fit-out.

Seize this opportunity to own a thriving business in one of Newstead's most sought-after locations!

KEY HIGHLIGHTS:
Turnover 2 million +
Newstead Precinct Prime Location
Full Commercial Kitchen
338m2 Licenses Area
Under Management
18 years Strong Tenure Lease
2+ Million Fit Out
Turnkey Operation
Excellent Exposure
Looking for Motivated Operator
Price to Sell, Well Below Replacement Costs Of Fit Out
150 + Seating Capacity

Contact Leigh for more information about this property.

Off Market Hotels & Off Market Group
Off Market Hotels & Off Market Group
62/22 Montgomery Avenue
Main Beach, QLD 4217
Leigh Metzeling
Leigh Metzeling
0451 607 651

Business Highlights

Business ID2019444741
Floor AreaAsk Business Broker
Category
Last updated  13 Nov 2024
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Off Market Hotels & Off Market Group
Off Market Hotels & Off Market Group
62/22 Montgomery Avenue
Main Beach, QLD 4217
Leigh Metzeling
Leigh Metzeling
0451 607 651

Business Highlights

Business ID2019444741
Floor AreaAsk Business Broker
Category
Last updated  13 Nov 2024

Listed by

Leigh Metzeling
Leigh Metzeling
Off Market Hotels & Off Market Group
Call
0451 607 651

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