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Buy Restaurant/Bar & Function Space Sale By Owner

Food/Hospitality - Cafe/Coffee Shop Businesses for Sale in Kenmore, QLD, Australia

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Title: Restaurant/Bar & Function Space Sale By Owner
ID Number: 13434
State: Queensland (QLD)
City/Town/Suburb:KENMORE QUEENSLAND 4069
Listing Type: Businesses
Categories: Food/Hospitality - Cafe/Coffee Shop, Food/Hospitality - Restaurant, Food/Hospitality - Alcohol/Liquor
Description: Restaurant/Bar & Function Space $325,000
155+ seat restaurant servicing
55 seats serviced as a café and table service restaurant, with a further 100 seats at the rear of the property serving as a casual service style bar and function space serviced with a new keg system and contracts in place with Lion.

All equipment on property is fully owned, not leased.
The kitchen has been designed to service the restaurant and bar, as well as operate with enough room to service our off-site catering.

All areas in the property have a full liquor license, as well as the ability to cater off-site, as well as take liquor off-site for sale - limitless opportunities for the right owner. Function enquiries and bookings have started coming in till the end of 2023 and into next year.

Owner willing to stay on to provide support to the new operators, or happy to negotiate sale of the business as asset only / fit out.

Equipment included in the sale.
New commercial pass through dishwasher
3 group - la marzocco linea classic coffee machine
Arduino automatic coffee grinder
New 2 door under counter fridge
3 door under counter refrigerator
3 door glass stand up fridge
2 door, pizza prep fridge
3 door, salad prep fridge
2 x 15 amp electric deep fryer
1 x 900mm heavy duty commercial griddle plate
1 x 4 burner, lpg commercial stove with oven
2 x turbofan commercial 4 tray - electric 15 amp oven
2 x thermo mix blenders with 4 interchangeable blender jugs
1 x commercial meat slicer
Multiple commercial scales up to 35kg
1 x large commercial vacuum packing machine
Kitchen aide mixer + attachments
Usual impedimenta & assorted equipment to run prep of cafe, restaurant, bar & catering
Office (laptops not inclusive)
2 x commercial 100v amplifier systems + speaker systems (one for each seperate restaurant area
1 x large chest freezer
1 x small chest freezer
1 x stand up freezer
1 x 6x3 metre Cool room large enough to store alcohol, function prep and service restaurant
1 x main till
1 x portable hand held payment device
2 x portable iPads for table ordering
1 x dual milk shake maker
1 x small - medium sized ice machine
Pots, pans, plates etc
1 x under bench glass washer
30 x small tables
150 chairs
10 x large bench tables
1 x large handmade resin coffee table (10 seater bar table) + 10 x bar stools
2 x brand new large commercial and heavy duty marquees (12 x 6 metres + 6 x 6 metres)

Lots of other equipment to be included in sale.
All inclusions to be negotiated with the vendor and buyer.
Lease
Remaining 1 year with a new additional five years. (We can arrange a longer lease pre-sale if required.)

Current coffee sales 20-25kg per week
Turnover (venue – no functions) $14-$16000 per week
Off-site functions $2000 - $6000 per week
On-Site Functions $5000 - $10000 per week, average minimum spend per function of 4000 – bookings into late 2023
150m2 (undercover) - fully licensed
90m2 kitchen and back of house area
An additional 10-15m2 of storage areas

Lease is broken into separate components so new Tennant can decide if they would like to keep the additional extensions that have been made to the restaurant – in particular – extra office space
Cafe kitchen + dining area's (front and back) $880/week
Office space $110 / week
Back area of kitchen (prep and storage) $275 / week

Total rent until the Sunday 15th September 2024 = $1155 including GST

Total rent FIXED till 19th September 2027 $1265 including GST


Private sale


For Sale by Owner
Daryl
0478 757 771
Price: $ 325,000.00 + SAV
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application
Rented Area: As advertised
Map of KENMORE QUEENSLAND 4069, AU



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Contact: Mr Rob Davies
International & Australia Business Marketing
Phone: 0411 958 121
Mobile: 0411 958 121
Email: [email protected]
Web Site: www.inbib.com