Award Winning Freehold Restaurant & Cafe Bar For Sale

Business description

LEASEHOLD $900,000 NETS $600,000 = 65% R.O.I.


LOCATION-CA$H – LOCATION CA$H -LOCATION CA$H !! Yes those are the magic words in retailing and this well established business is in the right location and does the CA$H Positioned on the northern edge of the Brisbane CBD in a unique boutique environment this hospitality business is a proven winner! Trades only 6 days weekly and closes over the Christmas period and public holidays, this business offers Lifestyle as well as Maintainable and Sustainable profits. Opens for lunch and dinner only – no breakfasts - no all day trading! So there’s time for holidays and family! A simple but stylish fit out, the business is constantly turning over tables on the busier nights. Seating for 100+ patrons – in and out. The Alfresco area is fully under roof and is weather protected. All personnel are stable. The business enjoys 1,500 to 2,000 “food” covers weekly. The business has complete sets of financials. The trading net for the 2006 -2007 financial year as supplied by the Sellers was $600,000 – OWNER OPERATED after owners wages !!The Freehold and business are offered for sale as a package, a commercial independent valuation on the freehold is available Overall at $2.900,000 + sav - this business and investment offers lifestyle, a proven successful formula, exceptional value for money and a superb position.