Izakaya-Style Japanese Restaurant, Brisbane CBD
Restaurant
ActiveHospitality & TourismQueenslandB2C
Asking price
$500,000
Disclosed · AUD
Revenue (est.)
~$969,462
Estimated · comparable listings of this type and size
Owner Earnings
$200,000
Implied multiple
2.5×
asking / earnings
Brief
- Japanese izakaya-style restaurant in the heart of Brisbane CBD with a 217sqm fit-out seating 84 patrons
- Fully managed with an experienced team in place
- Trading 5.00pm until late, 6 days per week
- Steady growth supported by increased interstate and international tourism
- Lease runs to 31 January 2024 with a further 5-year option
- Rent sits below the industry benchmark of 10% of sales
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