FINANCIALLY SUCCESSFUL WITH PRIVATE DINING ROOM AND BAR
One of Brisbane's finest eateries - located in a high-end retail and entertainment precinct close to the CBD.
Pick of the month! STOP and look at this business RIGHT NOW. It's already a real wealth builder with an exceptional record of serving the best Italian foods and wines.
This acclaimed food business offers stable income and profits with up-side growth potential. The restaurant has won a large, loyal following by offering a modern twist on traditional Italian dishes, chosen for the season and to sample Italy's regions. Awards from major industry publications reinforce its position as one of Brisbane's most loved restaurants.
Annual revenues have been consistently around $3m pa over the five years of operation.
Now priced for the market at: $1,000,000 plus SAV circa $22,000, over 24% ROI.
* A fully licensed, modern Italian restaurant, at street level with stunning décor and seating for 120 guests including the private dining room.
* Renowned for it's modern take on traditional Italian Food.
* Established 5 years.
* Financially successful, with stable revenue and solid profit.
* Located in up-market, rapidly developing precinct with strong population growth close to the CBD.
* Scope to increase income through systematic marketing, high end corporate events, wine tastings, etc.
* Strong management of all aspects supported by a strong, competent & loyal staff team.
* Manuals and documentation of recipes, operating procedures and service standards ensure consistency of training and delivery.
* Gained major industry awards in recent years - for food and wine; supplemented by coverage in major national publications.
* Lease expires 5th Feb 2022, with commitment to extension by landlords.
* Consistent GP over 67% plus delivering a net profit to owner/managers around 14% of turnover.
* Well maintained high quality plant and equipment.
Price: $1,000,000.00 + SAV circa $22,000.00
mob: 0412 313 647
ph: 07 3902 2400
Suite 22 / 76 Doggett Street
Newstead Qld 4006