This is not just a restaurant; it is a destination. For years, it has served as the go-to sanctuary for corporate power lunches, romantic evenings, and serious oenophiles. The business boasts a loyal, high-net-worth database and a reputation for consistency that is second to none in the industry.
- Atmosphere: A stunning "hidden" aesthetic featuring exposed masonry and intimate lighting that transports guests straight to Europe.
- The Cellar: A world-class, temperature-controlled inventory featuring rare vintages and exclusive imports.
- Operational Excellence: Fully equipped commercial kitchen and a highly trained kitchen team as well an industry leading front-of-house team capable of maintaining seamless service.
- Strategic Location: Positioned perfectly to capture the professional demographic of the nearby medical and legal precincts.
Investment Highlights:
- Consistent Revenue: Strong historical performance with impressive margins and a high average spend per head.
- Turn-Key Ready: The sale includes all high-end fixtures, fittings, and a comprehensive handover period to ensure a smooth transition.
- Growth Potential: Significant upside available through expanded trading hours or the introduction of curated tasting events and private cellar memberships.
Key figures:
- Averaging over $90k per week (net sales) with unmatched consistency.
- Rent at 5% to support incredible profitability
- Wages: below industry benchmarks.
- COGS: in line with industry benchmarks.
- Lease: In place to take you up to the Olympics with expiry in June 2032. Extensions may be possible during lease assignment.
"A cornerstone of Brisbane's dining scene, this venue offers an ambiance that simply cannot be replicated in a modern glass-and-steel development."
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
Over 6 years taking the buyer to June 2032. Landlord has indicated an extension is possible with new terms added.
Premises Details
544m2
Seating for 90 + 3 Private Dining Rooms. Total when at capacity is around 140.
Staff Details
Day to day the business is run by 4 full time chefs on rotation and 2 casual chefs as well as 3 front of house full timers with ,on rotation, 7 casuals.
Opening Hours
Monday 6-9pm
Tuesday 12-2:30pm, 6-9pm
Wednesday 12-2:30pm, 6-9pm
Thursday 12-2:30pm, 6-9:30pm
Friday 12-2:30pm, 6-9:30pm
Saturday 5:30-9pm
Sunday Closed
Opportunity
This is an incredible opportunity to add a highly profitable hospitality icon to your portfolio.
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