Summary
Please note - Take Over Lease Only - No Business Sale - fully fittet-out cafe / restaurant - Asset sale possible - price negotiable ( $60k )
Revenue
$22,000 pw
Rent
$2,135 pw
Location Details
5 / 1 Enoggera Terrace
Prime location on a high-traffic main road leading into the CBD, situated in sought-after inner north suburb of Red Hill. Ample parking available.
Potential
Please note - This is not a business sale. It's an outstanding opportunity to take over the lease and establish your own hospitality concept with minimal setup costs - ( $60k - negotiable ).
The current fit-out , completed just over four years ago , with last facelift done a year ago.
Significant potential to expand to 7 days trading - offering breakfast , lunch & dinner. There is also the opportunity to introduce takeaway services.
Hours
Currently operating 5 days a week, focusing on lunch and dinner.
Lease
$2,135 - valid until Jan 2026 , with a 5-year renewal option or the ability to negoc. new terms with supportive landlord
Reason for Sale
The current owner is moving on due to lifestyle changes and commitments to other business
About the Business
This is a fantastic opportunity to step into a well-established location with a long lease, excellent fit-out , and a loyal neighbourhood customer base.
- fully licenced , with foothpath dining licence
- seats up to 85 guests across multiple areas, including bar, undercover courtyard, and private dining room upstairs
- fully set up FOH and BOH ( commercial kitchen w stove, combi , walk-in fridge, storage,
garage and more ) can be taken over for a very good price, negotiable
- Outstanding reputation: Winner of "Best Cafe/Dining" (2023) Australias by the Australian Restaurant & Catering Assosciation
- Google reviews for this adress are currently on 4.7 stars
With a solid foundation and existing goodwill, this is the perfect chance to introduce your own hospitality concept and hit the ground running.
Database / guests contacts of more then ten thousand incl in asset sale !!!
Serious inquiries only - Asset sale possible & negotiable. ( $60k )
History
.... trading succesfully for 4 years as french Bistro " Le Coin Bistro "
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