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Food, Beverage & Hospitality business for sale in Kenmore

  • Food, Beverage & Hospitality
  • 7 Princeton Street Kenmore QLD 4069
  • $325,000 (GST na)

Restaurant/Bar & Function Space $325,000 plus Sav FOR SALE BY OWNER Queensland

Restaurant/Bar & Function Space Good Grace Queensland
Restaurant/Bar & Function Space
185+ seat restaurant servicing
55 seats serviced as a cafe and table service restaurant, with a further 100-120 air conditioned seats at the rear of the property serving as a casual service style bar and function space serviced with a new keg system and contracts in place with Lion.

Incredibly loyal and regular customers frequenting the business, with trade forecast to increase on trend into the next 6 months, along with the potential to open the remainder of the week which have proven to be profitable days in the past but family commitments keep us from returning to the extra days of trade.
All equipment on property is fully owned, not leased and included in sale.
The kitchen has been designed to service the restaurant and bar, as well as operate with enough room to service our off-site catering.
All areas in the property have a full liquor license, as well as the ability to cater off-site, as well as take liquor off-site for sale - limitless opportunities for the right owner. Function inquiries and bookings have started coming in till the end of 2023 and into next year.
Owner willing to stay on to provide support to the new operators, or happy to negotiate sale of the business as asset only / fit-out.
Equipment included in the sale.3 phase Unox combi oven
3 group - la marzocco linea classic coffee machine
Arduino automatic coffee grinder
New 2 door under-counter fridge
3 door under counter refrigerator
3 door glass stand up fridge
2 door, pizza prep fridge
3 door, salad prep fridge
2 x 15 amp electric deep fryer
1 x 900mm heavy duty commercial griddle plate
1 x 4 burner, lpg commercial stove with oven
2 x turbofan commercial 4 tray - electric 15 amp oven
2 x thermo mix blenders with 4 interchangeable blender jugs
1 x commercial meat slicer
Multiple commercial scales up to 35kg
1 x large commercial vacuum packing machine
Kitchen aide mixer + attachments
Usual impedimenta & assorted equipment to run prep of cafe, restaurant, bar & catering
Office (laptops not inclusive)
2 x commercial 100v amplifier systems + speaker systems (one for each separate restaurant area
1 x large chest freezer
1 x small chest freezer
1 x stand up freezer
1 x 6x3 metre Cool room large enough to store alcohol, function prep and service restaurant
1 x main till
1 x portable hand held payment device
2 x portable iPad's for table ordering
1 x dual milk shake maker
1 x small - medium sized ice machine
Pots, pans, plates etc
1 x under bench glass washer
30 x small tables
150 chairs
10 x large bench tables
2 x brand new large commercial and heavy duty marquees (12 x 6 metres + 6 x 6 metres)
Lots of other equipment to be included in sale.
All inclusions to be negotiated with the vendor and buyer.
Lease
Remaining 5 year lease with a reasonable landlord to negotiate longer terms. (We can arrange a longer lease pre-sale if required.)
Current coffee sales 15-20 kg per week
Turnover (venue no functions) $20,000, - $26,000 per week trading 5 days only (Wednesday to Sunday, breakfast and lunch Wednesday to Sunday, dinner Wednesday to Saturday)
Off-site functions $2000 - $6000 per week
On-Site Functions $5000 - $10000 per week, average minimum spend per function of 4000 bookings into late 2023
150m2 (undercover) - fully licensed
90m2 kitchen and back of house area
An additional 10-15m2 of storage areas

Total rent until the Sunday 15th September 2024 = $1155 including GST
Total rent FIXED till 19th September 2027 $1265 including GST

Good Grace Cafe Kenmore
Queensland

For Sale by Owner
Daryl
0478 757 771

Marketing Manager
Rob
0411 958121

International Business & Introduction Brokers Agents
International Business & Introduction Brokers Agents
13 Lowestoft Avenue
Berriedale, TAS 7011
International Business & Introduction Brokers Agents

Business Highlights

Business ID2018272953
Floor AreaAsk Business Broker
Category
Last updated  10 Nov 2023
Map for 7 Princeton Street Kenmore QLD 4069
Map for 7 Princeton Street Kenmore QLD 40697 Princeton Street Kenmore QLD 4069
Inspections
Documents
International Business & Introduction Brokers Agents
International Business & Introduction Brokers Agents
13 Lowestoft Avenue
Berriedale, TAS 7011
International Business & Introduction Brokers Agents

Business Highlights

Business ID2018272953
Floor AreaAsk Business Broker
Category
Last updated  10 Nov 2023

Listed by

International Business & Introduction Brokers Agents
International Business & Introduction Brokers Agents

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