Brochures

$395,000 + SAV

Averaged Weekly Sales $30K, Total Under Management, Profitable & Popular BBQ & Grill Located In A Super-Regional Drive-In Shopping Centre

Short Summary

Tasty variety of smoked & Texas-style BBQ meats, Tacos, seafoods & burgers are crowd pleasers turning this business into a crazy money making machine

Key Selling Points

Established brand
Under Management
Passive Income
Recession proof
Low Stock requirements
Cashflow Positive
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Profits
Long Term Lease in place
High Profit Margins
Simplistic business
No Competition
80% Repeat Work
Best Location
High foot traffic location
High visibility location

This solid performer was established as part of a franchising plan and has been generating a stunning sales of highest $55,000 and averaged of $30,000 weekly turnover. It is located in a super high foot traffic location of one of the biggest shopping centres in Brisbane. This business is a passive income generator for the investors who are enjoying annual netting of approximately $350,000 pa. from this business.

The business blends a casual vibe with a touch of sophistication enabling this well-established BBQ & Grill restaurant as warm and welcoming, boasting fresh, stylish decoration and a lively atmosphere and with all-new equipment and a smooth lunch-to-dinner service, it’s a dream for any passionate foodie.

This business is totally under managed by a team of experienced kitchen and front end staff leaded by two hardworking and competent managers. All Systems in place, manuals / instructions for all staff are in place to facilitate easy management of the business. There are around 10 staff to run this place depending on the hours of the day. The well-trained, friendly team ensures every guest enjoys a top-notch experience, earning the venue glowing Google reviews and a stellar reputation with repeated patrons whilst feedbacks on both the food and service is consistently outstanding.

Besides, the business built up its popularity by offering fresh to order delicious menu featuring enormous hauls of fresh shellfish and other seafood options, along with crispy salads, burgers, Tacos, Texas Smoked Beef Brisket and Buffalo Chicken Wings etc.

The lease is long till 2031 whilst the rent is reasonable for a premise like this and supported by a friendly landlord. Sellers are reluctant to offload but due to a change of their business plan. The sellers are committed to offer post settlement education and an easy handover for the buyer. The business also has catering and event services which are positioned as additional income streams.

This is a perfect business for a motivated hospitality entrepreneur to after best ROI or a business visa migrant (VISA 188A) who needs to purchase a profitable local business to satisfy his/her permanent resident application.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $395,000 + SAV

Ref. no. BUY2493

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Property Features

Henry Chow

0421 040 857

Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!

Averaged Weekly Sales $30K, Total Under Management, Profitable & Popular BBQ & Grill Located In A Super-Regional Drive-In Shopping Centre

Confidentiality Agreement

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Property Features