Premier Bar and Restaurant in Thriving North West Brisbane
This is a rare chance to acquire a consistently high-performing venue with significant growth potential. Turnover $3,000,000+ gross under full management. This venue is a standout local favourite, combining a sophisticated bar atmosphere with a high-performing craft-focus and attached retail bottle shop. Recognized for its unique character and strong community following, the business is currently enjoying a record year!
Key Highlights:
- Full Management: The business is structured to run efficiently with minimal owner presence, supported by a professional team and running at standard industry labour costs.
- Strategic Hotel License: The valuable general hotel license not only enhances current operations but allows a new owner the right to open three additional detached retail sites within 10km of the premises.
- Incredible Overhead Ratio: Boasts an exceptionally low rent-to-revenue ratio of just 4.72%, providing a massive safety margin and driving high profitability.
- Unique Market Position: With no direct competition in the immediate area, this business offers a "moat" that is difficult for competitors to replicate.
- Large Function spaces: Multiple large function spaces on premises - perfect to boost revenue and have multi use areas while still trading.
- Venue capacity: 200 seats in total, plus an additional 60 standing, approximately 260 people in total for normal trade and functions.
Staff No
Fully under management
18 x staff (9x full time)
Lease Info
The 3.5 years + 1 x 3 year lease commenced 1st March 2019 - CPI increases - A 3 month bond is required.
Trading Times
Currently trading only 5 days
Wednesday 12:00pm-9:30pm
Thursday-Saturday 12:00pm-10:30pm
Sunday 12:00pm-9:00pm
Size of Premises
Approx. 250 square metres with large outdoor area. Attached retail store. Full commercial kitchen. Staff parking.
Opportunity
Open additional detached liquor retail spaces with general hotel licence with in 10km of venue. Focus on function/event space hire.
**Weekly**
Sales $59,168
Rent $2,540
Net Profit $5,570
Browse through the list of other high performing businesses for sale in Australia.
Take control of a highly regarded automotive service business backed by an experienced team, established customer base, ...
Established for 14 years by the current owner, this is one of brisbane’s most profitable, relied-upon, and excellent tim...
An outstanding opportunity to acquire a long-established wholesale foodservice, packaging and milk distribution business...
Premium rooftop venue & trademarked brand a genuinely exciting opportunity to acquire a highly profitable, architectura...
Thriving burger urge franchise for sale – prime richlands qld– strong national network -training provided – fully equipp...
Thriving burger urge franchise for sale – prime kallangur qld– strong national network -training provided – fully equipp...
A profitable and well-established registered disability support business servicing the greater brisbane region is now av...
Are you looking to acquire a nationally recognised franchise brand leader where the hard work has been done! think of co...
Positioned well, sitting higher than most on the national stationery and office product supply chain ‘ladder’,...
This is a fully staff managed operation, ideal for any new owner looking to work ‘on growing the business’...
Established by this current owner for the last decade. this is a high-quality gold coast and potentially, home based for...
A well-established bookkeeping practice with over 10 years of trading history is offered for sale, presenting a rare opp...
Rare opportunity to acquire two established, consistent performing franchise gyms in a prime brisbane market. key highl...
Profitable security business - high quality cctv systems, alarms systems, intercoms, installation and maintenance consi...
Established in 2017, this unique brand presents an outstanding opportunity in a premium, high-visibility shop within one...
If you're chasing a polished, high-margin professional services business without the chaos of heavy overheads, this one ...
This is one of australia's most respected toy businesses, offering the market of wholesale and direct online and repeat ...
A rare opportunity exists to acquire a unique and highly successful business. established in 2018 in southeast queenslan...
This business is now under offer. no further enquiries will be taken. possibly the easiest to operate $330,000 profit ...
Step into a specialised marine and power generation service business with a strong reputation across australasia, suppor...
A rare opportunity is now available to step into a well-established electrical and air conditioning services business wi...
Located in the heart of the cbd this highly successful cafe & coffee shop, recognised for serving quality coffee and gr...
An exceptional opportunity to acquire a consistently profitable, multi revenue wellness business operating across two pr...
Are you seeking a lucrative venture in the industrial and manufacturing sector with a strong community presence? this we...
Business2Sell is one of the biggest and trusted marketplaces for buying and selling businesses in Australia. With thousands of buyers and sellers visiting the site every day, it offers wider reach and extensive opportunities. Whether you are an aspiring entrepreneur, investor, or seller, you will find what you are looking for right here.
