About the Business

This is undoubtedly one of the finest and best Japanese Izakaya restaurants located in Brisbane. Situated in the heart of the CBD, this business has established a large and growing customer base built on its reputation for the authentic style of food and exceptional quality service. Through its focus on customer service, the business believes that it will be able to deliver higher returns and repeat business.

The results speak for themselves, steady revenue and profit increases have been supported by an increase in interstate and international travel creating a highly desirable asset in an area of substantial foot traffic.

• Sale are steadily increasing over the $50k per week mark.
• The 2022 financial year delivered a net return in excess of $200K as a managed business.
• Fully managed with a strong team in place
• Excellent fit out with a 217sqm footprint
• Will seat 84 patrons, with a large turnover of tables.
• Lease to 31 January 2024 with 1 x 5 year option
• Rent below the magic 10% of sales
• Trading from 5.00 pm until late, 6 days per week
• Excellent location in the heart of the city

This business offers exceptional opportunities for someone looking to acquire further businesses or for an owner operator seeing the opportunities offered by this growing segment of the hospitality sector.

$500,000 WIWO

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5479FO
https://absbusinesssales.com.au/confidentiality-agreement

Broker: Hugo Martin| E: hugo@absbrisbane.com | P: 0411 617 140
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com