, Brisbane QLD

For Sale

Food/Hospitality

$89,000

Phone enquiries - please quote property ID 23310

Two months rent...... The Restaurant 2 Small rooms is an icon of the Brisbane food scene. Originally established in 1989 it is incredibly well known and holds many memories of happy times to many People.

Ever dreamed of working for yourself and running your own Restaurant? Here is a ready to go opportunity that can not be missed.

The current owner would also look at options for purchase including a business share/ownership possibility if you are from a Chef background.

Currently Only open for corporate and private events,.there is a massive $$$ opportunity for the Restaurant to open to the general public at all other times

Location:
Only 4 kilometres from the CBD the location benefits from plentiful free on street parking around the Business. More importantly, it is based outside the restricted Lang Park zone which is enforced when events are held at the Suncorp Stadium. The Restaurant also has great street appeal and is exposed to a huge amount of passing traffic.

Competition:
Unlike the CBD the West of Brisbane has very few dine in eating establishments of high Quality. Within the local area there is a French Patisserie, Butcher and a couple of Takeaway options.

Forecasts and future trading:
Currently only open Friday and Saturday nights for Restaurant customers and utilised as a private event hire location at other times. The opportunity to expand to at least 5 days trading with Lunch and dinner service is a must. The current owner has spent no monies on advertising and current Business is repeat and through word of mouth

About current lease holder:
Current owner has other Business interests of a non-Hospitality nature and has not been able to take it to the next level in terms of opening hours. This business would be Ideally suited and easily run as a couple.

Lease in place:
Current lease expires in September 2024 with an additional 5-year option. Lease is $5200 pcm

Equipment and fixture:
Fully equipped high end fit out all in great working order

Loans in place and equipment debtors:
Nil loans and all equipment are owned outright.

Further details are available in terms of the financials of the Business which will be passed on upon signing of a non-disclosure agreement.

Price is reduced to sell very quickly

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