Restaurant & Bar Lease, Townsville

Restaurant & Bar Lease, Townsville — Food & Beverage · Townsville, Queensland

A 271m2 restaurant and bar tenancy within the Quest North Ward hotel building in Townsville. Full commercial kitchen fitted with new equipment Seating for 150 patrons plus a large alfresco balcony Anchor tenancy within a 55-room hotel running at around 85% occupancy Potential revenue channels include room service, function catering and mini bar supply agreements Located in North Ward near The…

DealProspect/Listings/Food & Beverage

Restaurant & Bar Lease, Townsville

Restaurant

ActiveFood & BeverageQueenslandB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

N/A

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

—

Brief

A 271m2 restaurant and bar tenancy within the Quest North Ward hotel building in Townsville.
Full commercial kitchen fitted with new equipment
Seating for 150 patrons plus a large alfresco balcony
Anchor tenancy within a 55-room hotel running at around 85% occupancy
Potential revenue channels include room service, function catering and mini bar supply agreements
Located in North Ward near The Strand and Jezzine Barracks
Suited to breakfast, lunch, dinner, functions and corporate events

Restaurants in Queensland

Restaurants for sale in Queensland (75) →

Listed

+8 in 30 days

Median asking

$199K

72 priced

Median revenue

$1M

34 disclose

Earnings multiple

1.2×

12 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

51%

15%

13%

Under $100K$2.5M–$5M

Australia 504 · Victoria 248 · New South Wales 114 · South Australia 25 · Western Australia 25

Cafes 144 · Takeaways 107 · Automotive workshops 75 · General retail businesses 63 · Manufacturing businesses 56 · Hair salons 52

Get new restaurants in Queensland by email

Free · no account · unsubscribe anytime

More food & beverage businesses for sale

Restaurants for sale in Queensland (75) →