Summary
The Balcony Restaurant is an iconic café, bar, and restaurant in the heart of Townsville’s CBD, boasting a 4.5-star rating across all major hospitality review platforms.
Location Details
Cafe Bar & Restaurant in the heart of Townsville’s CBD, Built in the 1920s, the venue exudes old-world charm and is named after its stunning, heritage-listed Queenslander-style building. Featuring a grand balcony.
Potential
There is a strong opportunity to boost revenue by extending operating hours to include dinner service and further provide outside catering which is highly profitable.
Skills
Hospitality, communication, customer service polished & professional
Hours
8.00am to 2.00pm 7 days
Lease
Residual of 5 year lease comencing 01/12/20 with 2 x 5 year options
Employees
1 x Owner Operator Books / Floor – 25 hours per week
1 x Owner Operator Chef – 35 hours per week
1 x Restaurant Manager – 38 hours per week
1 x Chef – 38 hours
2 x Chef – Casual 25 hours each
6 x Floor Staff – Casual 10 hours per week
Reason for Sale
Owners just want to have a break
About the Business
The Balcony Restaurant is an iconic café, bar, and restaurant in the heart of Townsville’s CBD, boasting a 4.5-star rating across all major hospitality review platforms. Built in the 1920s, the venue exudes old-world charm and is named after its stunning, heritage-listed Queenslander-style building. Featuring a grand balcony, it offers a popular spot for al fresco dining. This unique venue is ideal for hosting a variety of events, from private functions, weddings and business meetings to cocktail parties, high teas, breakfasts, lunches, or simply enjoying coffee and sweet treats with friends.
The Balcony Restaurant has a loyal following, drawing both locals and tourists with its diverse menu, offering consistent casual dining options inspired by land and sea, all made with locally sourced ingredients. The owner-operators take great pride in delivering a high-quality dining experience, combining exceptional food with attentive, personalized front-of-house service.
Why you should purchase this great business opportunity:
• Established Business (40 years)
• Great CBD location
• Excellent reputation
• Polished and professional hospitality business
• 4.5 Stars across all review platforms
• Great online presence
• Active on social media with 10,000 followers on Instagram and Facebook
• Well known amongst locals and tourists
• Well-presented business
• Comprehensive systems and procedures in place
• Highly profitable business
• A lot of growth opportunities
• Easily run
• Experienced and well-trained staff
• Efficient operation
• Trades 7 days a week
The business boasts a diverse customer base and operates seven days a week, with consistently strong weekend trade. Sunday is the peak trading day, driven by the CBD Markets that attract a high volume of customers. Weekday trade remains robust, thanks to a mix of locals and workers who frequent the venue for breakfast, coffee, lunch, and business meetings.
The owners place a strong emphasis on staff development and training, dedicating time and effort to maintain high service standards. This commitment is reflected in a low staff turnover rate, with casual employees remaining for an average of two years. Additionally, comprehensive systems and procedures are in place to streamline operations, ensuring efficiency. These well-established processes cover every aspect of the business, contributing to a positive experience for both customers and employees.
History
Established for 40 years
Connect with us