Summary
This well-loved eatery has been a staple in the heart of Brisbane’s CBD since the early 2000s, offering generous, freshly made breakfast and lunch opt...
Revenue
$479,549 pa
Rent
$4,116 pa
Net Profit
$171,760 pa
Location Details
The area experiences high foot traffic, particularly from office workers and tradespeople in the Brisbane CBD, ensuring a steady stream of customers.
Potential
The business is well-positioned for growth with the potential to expand its reach through delivery services and increased marketing efforts, such as setting up a social media presence or launching a website.
Skills
No skills are needed. The current owners are offering 2 weeks of training to the new owner, ensuring they’re fully equipped for continued success.
Hours
5 days trading only and closed on weekends.
Lease
An incoming owner will require a new lease agreement.
Employees
2 x owner-operators
5 x casual Staff
Reason for Sale
Owners are transitioning into new careers.
About the Business
A rare opportunity to acquire a thriving Brisbane CBD eatery known for its hearty Australian breakfasts, generous lunches, and fast service. Established in the early 2000s, it has built a strong following among office workers, tradespeople, and locals, benefiting from high foot traffic in a prime commercial precinct.
With streamlined operations, a fully trained team, and a well-maintained kitchen, this business is highly profitable and easy to run. The current owner has successfully maintained steady growth and is now looking to transition into a new career.
Key Highlights:
Prime CBD Location: High-traffic commercial area surrounded by offices, retail, and corporate businesses, ensuring steady customer flow and excellent visibility.
Strong Financial Performance: Generating $479K in revenue and $171K in net profit (FY2024), this business is a proven a consistent performer of healthy financials over the years.
Loyal Customer Base: Popular with office workers, tradespeople, and locals who return daily for generous portions and great value.
Diverse & Hearty Menu: Famous for cheesesteaks, steak sandwiches, hot roasts, fresh salads, and made-to-order meals catering to a broad audience.
Turnkey Operation: Fully equipped with a well-maintained kitchen and a trained team of casual staff, ensuring a smooth transition.
Growth Potential: Expand trading hours, introduce delivery services, enhance catering, and leverage digital marketing for further growth.
Financial Summary:
Revenue (FY2024): $479,549
Net Profit (FY2024): $171,760
Rent: $4,116 (+GST) per month
Stock at Value (SAV): $5,000 - $7,000 approx.
Asking Price: $350,000 + SAV
This well-established business offers stability, strong earnings, and future growth potential. Whether you’re an experienced operator or a first-time buyer, this is a fantastic opportunity to take over a proven hospitality venture. The current owner will provide two weeks of training to ensure a seamless handover.
Serious Buyers Only:
All enquiries require a signed Non-Disclosure Agreement (NDA) before further information is shared.
Business details are strictly confidential and will only be disclosed to serious buyers.
Enquire Today!
Sunset Business Brokers
M| 0432 742 038
E| [email protected]
History
Been a family business since the 2000's and was taken over by the current owners in 2018.
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