Outstanding opportunity to acquire a profitable and highly regarded restaurant and bar in Brisbane. Established in 2022, the venue has built a loyal following and strong reputation for quality dining, with consistent reviews from both customers and leading media outlets. Offering a balanced mix of dine-in and takeaway, the business combines atmosphere, efficiency, and profitability in one of the city's busiest hospitality precincts.
Highlights
• Revenue FY25 of$1,147,883 with an adjusted EBITDA of $205,203.
• Strong gross margins (~75%) underpinned by premium menu and low cost of goods.
• Secure 7 year lease in place until 2029, with an additional 7 year option available.
• Streamlined staffing model with reduced trading hours (5.30pm to 9pm) and efficient rosters.
• Reliable kitchen staffand restaurant manager overseeing day to day operations.
• High-quality fit out with modern kitchen, bar, and dining facilities.
• Balanced revenue across dine-in, takeaway, and private functions.
• Prime position within one of Brisbane's most dynamic hospitality locations.
With consistent profitability, efficient operations, and clear pathways for growth, this business is ideally positioned for continued success. The current owners are committed to ensuring a smooth transition and continued partnership, making this an excellent opportunity for an investor or hospitality operator seeking a turnkey venue.
Asking Price: $389,000 + SAV (Neg.)
Broker: Matteo Melis
Ref: BR01903
Phone: [Phone Number Censored]
Email: [Email Censored]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: [Phone Number Censored]
Ref: BR01903
Timestamp: [Phone Number Censored]
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