A rare opportunity to acquire an established destinationrestaurant and bar in Newstead, one of Brisbane's most desirableinner-city lifestyle precincts.
Established in 2021, the business has built an outstandingreputation for its premium Mediterranean cuisine, authentic flavours, importedproducts and extensive wine selection. With a 4.8-star Google rating, aloyal customer base and a strong appeal among younger professionals, therestaurant has become a popular dining destination.
The business benefits from a full liquor licence,vibrant evening atmosphere and strong demand for premium social diningexperiences. Located among high-density residential developments, offices andlifestyle amenities, it is well positioned to benefit from ongoing populationgrowth, with 1,000+ new apartments currently under construction nearby.
The spacious venue provides an excellent setting forrestaurant operations, private functions and events. With a proven tradinghistory, experienced operators and a secure long-term lease, this is anoutstanding opportunity to acquire a premium hospitality business in one ofBrisbane's strongest growth corridors.
Trading Hours
- Monday: Closed
- Tuesday – Thursday: 8:00 am – 3:00 pm, 5:00 pm – 8:30 pm
- Friday: 8:00 am – 3:00 pm, 5:00 pm – 9:30 pm
- Saturday: 9:00 am – 3:00 pm, 5:00 pm – 9:30 pm
- Sunday: 9:00 am – 3:00 pm, 5:00 pm – 8:30 pm
Key Points
- Weekly turnover approximately $40,000
- Prime Newstead location
- Full liquor licence
- Strong Friday and Saturday night trade
- 240m² premises with 130 seats
- Lease until 31 December 2031, plus one 5-year option
- Monthly rent: $14,247.74 (including GST) with 4% annual increases
- Operated by owner couple with assistance from their two sons
- Supported by 6–7 casual staff
Growth Opportunities
- Expand private functions, celebrations and corporate events
- Further develop beverage and wine-focused dining opportunities
- Capture additional demand from surrounding residential growth
- Extend trading opportunities as the local population continues to increase
Asking Price: $1,500,000+ SAV (Estimated $10,000–$25,000)
Forfurther information about this business, please complete the PurchaserRegistration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or
Pleasecall Sunny on 0433 690 326
(The imageused is for display purposes only and does not reflect the business advertisedfor sale.)
