Highly Rated 5 Days Mexican Restaurant & Bar / Under Management; Weekly Sales Of $30,000

Business For Sale QUEENSLAND 4000, Queensland

Business Category Restaurant

$449,000

Description

Highly Rated 5 Days Mexican Restaurant & Bar / Under Management; Weekly Sales Of $30,000

 

Popular Mexican Taqueria & Bar located in Brisbane suburbs, only 10 minutes drive from the City.

The business is very successful and runs under full management operating 5 days a week 12pm to 10.30pm from Wednesday to Sunday. Everything is made from locally and organically sourced ingredients or imported from independent Mexican farmers and importers. Truly a top choice for a quality dining experience as also reflected on the business financial performance with consistent sales of up to $30,000 p/week.

Highlights

- Lease started on May 2019 with 2x 5 years renewal term (Exp. May 2034)
- Base rent starting at $42,000 + GST (2.5% Yearly Increase) Only 5% T/o
- Projected sales for 2021 in excess of $1,000,000
- Very profitable with low operational costs and rent
- Under full management with efficient team of 11 (7Casual/4FT)

To receive a full information memorandum and discover more about this opportunity, fill in a confidentiality agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR01003

 
Ref: BR01003
Timestamp: XXXXXXXXXX 0112
Contact Seller

Bsale ID: 525618
Broker REF: BR01003

Link Brisbane
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