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Bar for sale in Brisbane under Management Code 303508

Bar for sale in Brisbane under Management Code 303508

Bar for sale Brisbane Australia by Interbiz Business Brokers
Bar for sale Brisbane Australia by Interbiz Business Brokers
Under Contract!

Bar for sale in Brisbane

Only a short drive from Brisbane CBD

Under Management

Business Brokers Brisbane


Bar for sale in Brisbane
Main street location with Suncorp Stadium (Lang Park) just a short walk away that hosts over 44 major events per annum including international bands and stars from Ed Sheeran, Taylor Swift, Eminen, Bon Jovi, Cold Play, U2 to Robbie Williams that had a record crowd of over 104,000 fans!
Suncorp Stadium also hosted the 2008 Rugby League World Cup Final and has home games for the Wallabies, Queensland Reds, Socceroos and many more that brings thousands of fans to the area, both before and after the events.
Owner states sales of approx. $18,000.00 per week.
Expect further growth from a hands-on experienced owner operator as currently run under management.
A popular venue that offers reasonably priced drinks and great food. Current trading hours are from 4pm to late.
Excellent plant and equipment and fit-out. Great lease in place to 2026 plus another 3 yrs. option. Excellent staff in place.

Brokers Comments:
Suit a dynamic Bar Operator who wants to run their own show and take this wonderful business to the next level.
Currently under management with excellent staff in place.
Excellent location with a captive audience from Suncorp Stadium, a world-renowned venue.
A local haunt for the new chic young professionals of this trendy inner-city suburb.
Easy access to public transport and walking distance to Brisbane CBD.
Run by reliable staff but room for improvement on saving on wages with a buyer who is willing to work in the business.

Overview

Owner states turnover: Average of $18,000 per week.
Lease: Current lease expires in 4 years plus a 5 year option.
Rent: Only $1,922.00 per week + GST
Price Bargain: Only $210,000 plus SAV – Be quick!
Code: 303508

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