Description
This unique cafe offers a unique twist. It is proudly Australian and exhibits & sells local Australian art. You won't find another gem like this.
Revenue
$607,195 pa
Rent
$36,317 pa
Expenses
$388,214 pa
Net Profit
$213,564 pa
Location Details
Located 10 minutes from Brisbane CBD
Lease
Commencement Date: 31/12/2018
Expiry Date: 30/12/2021
Renewal Options: 1 x 3 Years
Employees
12 staff members occupy roles in the back-of-house.
There is also a head chef and manager.
Reason for Sale
The owner is looking to transfer into a different field that has become her passion.
About the Business
This is a licensed bar with exceptional culinary offerings in a great location. The business has a unique concept that truly resonates with its target audience.
**BONUS** This is a fully managed business. You can either choose to work in the business or have the manager run things.
Highlights
o Excellent brand reputation & value with high REVIEW ratings across multiple sites
o Revenue is derived from food accounts at 55% whilst drinks account for 45%
o Trading 7-days weekly to maximize income
o Using intuitive technology systems
o Franchise opportunity - A franchise model has already been developed & ready for execution for the next owner if he/she wishes to expand
o Large and loyal audience on Instagram & Facebook
o Experienced hospitality staff of 12 employees with the right skill set to run the business
This opportunity won't last long.
Enquire Today
Listing Details
- Listing Number: 96931-906392
- Location: Brisbane City, Queensland
- Price: 298,000.00
- Down Payment: 2,980.00
- Sellers Discretionary Earnings: 0.00
- Category: Restaurants
- Inventory: 0.00
- FF&E: 0.00
- Employees:
- Years Owned:
- Reason for Selling: Owners want to move overseas