Price Reduction Restaurant In Brisbane For Sale

Business description

This restaurant with beautiful and high quality fit-out offers a mix of classic and modern European cuisine with a creative French/Australian twist.

Great opportunity exists for a buyer who has a desire to create the best and trendy dining location at Kangaroo Point, Brisbane.

The area's high density of population with comparatively higher disposal income (retirees and young professionals) creates a great opportunity for a quality restaurant with difference.

Rated as the most successful pub in Australia, Story Bridge Hotel is just across the street, which gives a great exposure to a huge number of clientele who will be attracted to visit this restaurant as well as the local repeaters.

Asking price is now reduced to $168,000.

Please contact James Raines below for more information.

Property information

Real Estate:

Lease

Leasehold rent:

$96,000 per annum

Location:

Upmarket residential area

Business Operation

Expansion potential:

Substantial

Competition / Market:

Not much

Reasons for selling:

Owner leaving for overseas

Trading hours:

Tuesday to Friday - dinner only
Saturday and Suncay - breakfast, lunch and dinner

Employees:

4

Other information

Support & training:

The owner will offer full trainsing to the buyer after purchase.

Financing available:

N/A

Furniture / Fixtures value:

$150,000