Iconic Profitable Destination Restaurant & Bar | Prime Inner-City Brisbane

A rare opportunity to acquire an established destination restaurant and bar in Newstead, one of Brisbane's most desirable inner-city lifestyle precincts.

Established in 2021, the business has built an outstanding reputation for its premium Mediterranean cuisine, authentic flavours, imported products and extensive wine selection. With a 4.8-star Google rating, a loyal customer base and strong appeal among younger professionals, the restaurant has become a popular dining destination.

The business benefits from a full liquor licence, a vibrant evening atmosphere and strong demand for premium social dining experiences. Located among high-density residential developments, offices and lifestyle amenities, it is ideally positioned to benefit from ongoing population growth, with more than 1,000 new apartments currently under construction nearby.

The spacious venue provides an outstanding setting for restaurant operations, private functions and events. Supported by a secure long-term lease, proven profitability and well-established operating systems, this is an exceptional opportunity to acquire a premium hospitality business in one of Brisbane's strongest growth corridors.

Key Points

• High-profit business with weekly turnover of approximately $40,000
• Consistent sales growth since opening in 2021
• Outstanding 4.8★ Google rating
• Prime Newstead location
• Full liquor licence
• Strong Friday and Saturday night trade
• 1,000+ apartments under construction nearby, supporting significant future growth
• Spacious 240m² premises with 130 seats
• Stylish, high-quality fit-out
• Quality plant & equipment in excellent condition
• Lease until 31 December 2031, plus one 5-year option
• Monthly rent: $14,247.74 (including GST) with 4% annual increases
• Strong repeat customer base
• Well-established operating and management systems
• Experienced and well-trained team

Growth Opportunities

• Expand private functions, celebrations and corporate events
• Further develop beverage and wine-focused dining experiences
• Capitalise on the area's continuing residential growth
• Continue building on the restaurant's outstanding reputation and loyal customer base

Asking Price: $1,500,000 + SAV (Estimated $10,000–$25,000)

For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or

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(The image used is for display purposes only and does not reflect the business advertised for sale.)

For more details, please email broker or call agents.