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Posted by Benchmark Business Sales & Valuations on 13/06/2018 in Business

Laneway Eatery and Bar For Sale in Queensland

$400,000 - + SAV


Description

Laneway Eatery and Bar For Sale

Brisbane, QLD.

Fully Managed and Highly Profitable




Only three years young and this café for sale is really pumping.  That’s because it’s tapped into several converging trends all at once.  It’s located in a trendy laneway in Brisbane’s CBD.  It serves wildly popular street food. And the look and feel is modelled on the rugged urban charm of Brooklyn, NYC.




Location, Location, Location…




Conrad Hilton’s secret for success applies equally well to cafes.


This eatery for sale is tucked away in the heart of corporate Brisbane.  Surrounded by office towers, full of professionals seeking out somewhere close for a great lunch or a convivial after-work drink and bite. In a couple of minutes they‘re out of their office and in the backstreets of Brooklyn.


More specifically, it’s right next door to one of Australia’s most awarded bars.  One that doesn’t serve food!


As a result the point of sale is recording up to $28,000 in revenue each week.


But the overheads are low because it’s pocket-sized.  Much like a stationary food truck where customers eat on seating that spills into the lane – Brooklyn block party style – perfect for sunny midday pauses and balmy Brisbane evenings.




A Recipe For Success…




Burgeoning revenue and low overheads.  A tried and true recipe that’s proving highly successful.  Serving up a menu of authentic NYC burgers, buffalo wings, tacos, lobster rolls, Jamaican chicken and the obligatory hot dogs is meeting with widespread approval.  In fact, Facebook approvals are averaging 4.5 out of 5.0.


And the proof is in the bottom line.  FY2017 net profit was almost a quarter of a million dollars!


That’s an amazing return for a fully managed café and bar. Just imagine what it would be if you managed it yourself!


With a return on investment on a managed basis of almost 50%, you must grab a slice of this pie.




FOR SALE: $400,000 + SAV




Contact the food and hospitality specialist Jo-Anne Wilson today on 0403 542 213 or email jo-anne@benchmarkbusiness.com.au


Benchmark Business Sales & Valuations

Food & Beverage Products and Hospitality Suppliers Benchmark Business Sales & Valuations
Benchmark Business Sales & Valuations
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Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $400,000 - + SAV

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