The Perfect Palmer Street Position – Nets $270,000 PA!

IMMEDIATE SALE NEEDED — OWNER IS COMMITTED OVERSEAS — RECOUP YOUR MONEY IN LESS THAN 12 MONTHS!!

Brandy’s Restaurant is positioned in one of, if not the, best positions on Palmer Street, South Townsville.

The business has been established for 18 months and features a dine in restaurant, footpath dining and separate function room. A great selection of cuisine is offered including woodfired pizza, pasta and tapas. The restaurant is currently open Monday to Friday for dinner and on weekends it is open for breakfast, lunch and dinner. Trading hours are as follows:

• Monday: 5.30pm to late
• Tuesday: 5.30pm to late
• Wednesday: 5.30pm to late
• Thursday: 5.30pm to late
• Friday: 5.30pm to late
• Saturday: 7am to late
• Sunday: 7am to late

With the vendor’s other business commitments involving a lot of travel, the business operation has been structured so it can run independently of the vendor’s involvement. The staff are all well trained and the business could be easily run under management or by an owner operator.

With an annualised net profit of over $270,000, this restaurant is not expected to last on the market for long.

Many areas of competitive edge exist including:

• Highly sought after position in Palmer Street with double street frontage
• Large dine in restaurant and footpath dining
• Newly added separate function room which is quickly increasing in popularity
• Very good profitability levels
• Quality fitout and furnishings only 18 months old
• Woodfire pizza oven
• Surrounded by residential and holiday accommodation
• Large premises with good sized kitchen and extra storage
• Scope for expansion
• Well trained employees who can operate independently of owner
• Can be run under management or by an owner operator
• Fantastic reputation with locals and tourists

This restaurant is being sold on a walk in walk out basis for $200,000.

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

• Susan Butler – 0419 905 463 or susan@beyond2000.com.au