Business Sold Brisbane QLD Region, Queensland
Business Category
SOLD
Description
South Bank Bar Under Management
Under Contract
Cracking Bar & Restaurant in Superb South Bank Location
This is a rare gem in South Bank with long secure lease. This really is a little beauty for anyone looking for an established bar with an excellent reputation AND plenty of POTENTIAL for growth. With all the the development going on in South Bank, this would make a very decent investment.
The business is netting $100k+ Under FULL Management and would be a perfect first business opportunity for an enthusiastic owner-operator or it would make a great addition to an established group looking for a simple acquisition.
Here's just a few of the key benefits to you:
• Sales averaging $17,000+ p/w over past 12 months
• Under excellent management
• Good cooking facilities / catering services offered
• Prime location in one of Australia's most iconic destinations
• Ideal venue for functions with seating for 100+ patrons
• Great Fit Out including functional kitchen, trendy bar, cold room, fridges, appliances ext.
• Simple & profitable business!
• 7 years remaining on lease
Perfect time to take over with the busiest time of year just around the corner!
South Bank experiences 11,000,000 visitors a year and opportunities to own a successful business in this extremely desirable location are rare.
About the Broker: Link is now the world's largest brokerage group with offices across 5 countries. Dustin Slypen is one of Australia's most energetic business brokers and on the back of his recent success was named the Link Australia Rising Star of 2016.
For further information please complete an online confidentiality agreement at XXXXXXXXXX using the ENQUIRE NOW button
Key Words: Bar, Restaurant, Pub, Club, Brisbane, South Bank, Hospitality, Food, Alcohol, Management,
Ref: 14782
Timestamp: XXXXXXXXXX 0102
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