Caxton St Bar Near Suncorp Stadium
For Sale: Pago Pago Bar, Caxton Street
Are you ready to step into the thriving hospitality scene of Brisbane with an exceptional Owner Operator opportunity? Presenting an esteemed cocktail bar located on the iconic Caxton Street, a vibrant thoroughfare in the heart of Brisbane. This unique offering combines a prime location, robust financial performance, and significant growth potential, making it a standout opportunity for astute investors or passionate entrepreneurs.
Nestled in the bustling precinct that attracts both locals and tourists, this cocktail bar benefits from its proximity to the renowned Suncorp Stadium. With a seating capacity of 52,500, the stadium hosts multiple major events throughout the year, ensuring substantial foot traffic and a dynamic atmosphere that every hospitality business owner dreams of. The calendar for 2026 already boasts 48 confirmed event days, presenting a lucrative opportunity for revenue spikes that savvy operators can capitalize on.
This well-established cocktail haven has reported an impressive adjusted net profit of approximately $83,000 over a mere 9-month period, underscoring its financial viability and operational efficiency. The revenue streams are diversified across bar sales, delectable food offerings, and tailored function packages. Each stadium event day, along with regular business traffic, provides an avenue for substantial income spikes, ensuring consistent profitability.
The venue is not just about financial promise; it brims with ambiance and charm. The chic interior, coupled with an enticing menu of sophisticated cocktails and gourmet dishes, creates an inviting and memorable experience for patrons. The bar's reputation for quality service and exceptional offerings has fostered a loyal customer base while attracting new visitors through positive word-of-mouth and strategic marketing initiatives.
Moreover, potential buyers will benefit from a brand new 3-year lease, providing security for future operations. The lease terms are favourable, with only a modest 3% annual increase, allowing you to plan your financials with confidence. Additionally the current rent is $3,670.99 per month. This provides a solid foundation to implement growth strategies, whether through expanding marketing efforts, introducing new menu innovations, or enhancing event hosting capabilities.
Beyond its current success, there is ample room for expansion and creative input. With the right vision, new ownership could explore extended hours, partnerships with local businesses for shared promotions, or even themed nights to further increase patronage and profitability. The vibrant Caxton Street location is synonymous with Brisbane's night-time economy, ensuring your business remains at the forefront of the city's social scene.
This cocktail bar represents more than just a business; it is an opportunity to be part of Brisbane's thriving culinary and nightlife tapestry. Whether you're an investor seeking a lucrative venture or an entrepreneur with a passion for hospitality, this listing is not to be overlooked. Contact us today to learn more about making this vibrant business your own and step into an exciting future full of potential.
Disclaimer: The information in this advertisement has been supplied by the vendor and no warranty is given as to its accuracy; interested parties must rely on their own inquiries.
For more details, please email broker or call agents.
