Bar and Restaurant for Sale

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Summary

A rare opportunity to acquire a well-established and highly regarded Korean bar and restaurant in the heart of Brisbane CBD. Established in 2011, the business has a strong trading history and achieves

About the Business

A rare opportunity to acquire a well-established and highly regarded Korean bar and restaurant in the heart of Brisbane CBD. Established in 2011, the business has a strong trading history and achieves approximately $60,000 per week in turnover.

This fully managed venue operates from a modern 420 sqm, two-level premises with approximately 150 seats. A secure lease in place to 2033 offers long-term stability in a premium CBD location. The business currently trades for dining and after-dinner drinks.

Featuring a highly popular food and beverage menu, the venue is supported by a skilled, stable team and a large base of loyal repeat customers, delivering strong and consistent income.

Key Features and Benefits:

• Established 2011 with a strong trading history

• Current owner operated since 2013

• First time offered for sale

• Current Approx. $60,000 per week turnover

• Renovated in 2018 – modern fit-out

• Approx. 420 sqm over two levels

• Approx. 150 seats – ideal for dining and functions

• Liquor licence in place

• Lease secured to 2033

• Brisbane CBD location with strong foot traffic

Opportunities like this in the Brisbane CBD—especially with a long lease—are tightly held. This is the first time the business has been offered for sale, presenting a genuine opportunity for investors or operators looking to secure a prime CBD hospitality asset.



FOR SALE: $875,000 + Stock value approx. $15,000

Contact the exclusive business broker now for further information on this business investment opportunity. A confidentiality agreement is required prior to releasing further details.

Eva Xu

Business Consultant

Lux Business Sales and Advisory

M: 0457 215 890

T: 1300 685 081

E:[email protected]

W: https://luxbusiness.com.au/

https://www.youtube.com/watch?v=5EsRZu0GlgM

Level 14, 167 Eagle Street Brisbane Qld 4000



Want to know more about this business? Simply submit an online confidentiality agreement. Or go to https://www.luxbusiness.com.au/ and use the reference number to search for the business.

We request that, prior to expressing an interest in this business, you have the necessary capital or equity.

The images shown are for illustrative purposes only. They do not purport to be an exact representation of the business. You are advised to conduct your due diligence. We accept no responsibility and disclaim all liability for any errors, inaccuracies, or misstatements.

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