Premier Multi-Level Hospitality Asset in Woolloongabba

$395,000 plus Stock

Description

Introducing a well establish and well positioned nightspot in the highly attractive Logan Road Precinct in Woolloongabba. A venue that has strong sales during regular trade, from functions and does well during the many events that The Gabba holds as well.

It is incredibly well position for the future development of the Gabba Live project and will prove to be an incredible spot as the Olympics approach with events and ceremonies to be held at The Gabba.

Investment Highlights:
• Prime Location: Situated in a high-growth corridor directly benefiting from major infrastructure projects and the upcoming global sporting events.
• Growing Sale: FY26 YTD has seen a strong increase in sales to over $30k on average per week.
• Architectural Character: Housed in a beautifully restored heritage building that provides an aesthetic “moat”—this level of charm and authenticity cannot be replicated.
• Diversified Revenue: Strong revenue comes from events at the Gabba, regular trade and year-round function bookings.
• Full Liquor License: Includes a valuable license with favourable trading hours, a significant asset in the current market.
• Turnkey Operation: Fully managed by a dedicated team with robust systems in place, allowing for a smooth handover.

Why This Business?

This turnkey bar/restaurant offers a well establish business ready for a strategic buyer or an owner operator to take over and continue its legacy.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Info

The lease has over 2 years remaining with the landlord willing to offer an extension during lease assignment.

Trading Times

Downstairs Tuesday & Thursday • 5pm - 9pm Friday • 5pm - Late Saturday • 1pm - Late Sunday • 1pm - 9pm Upstairs Bar Thursday • 6pm - 10pm Friday • 6pm - 12am Saturday • 6pm - 12am Sunday • 6pm - 10pm

Size of Premises

Approx. 258m2 Level 1 – 155m2 Level 2 – 103m2

Opportunity

This turnkey bar/restaurant offers a well establish business ready for a strategic buyer or an owner operator to take over and continue its legacy.

Reference No: DCEA0202

Business Listed by

Julian Mero

Managing Partner of GSE QLD | Senior Hospitality Consultant |Licensed Real Estate Agent & Hospitality Business Broker @ GSE Hospitality Brokers

Growing up in the hospitality industry with my dad owning an Italian restaurant, and my mum owning a ski lodge with a fine dining restaurant, it’s safe to say hospitality is in my DNA!

After I left school I wanted to try something different, so I entered the sporting industry, working at world class companies such as Nike Australia, FILA International and Pacific Dunlop, where I enjoyed and excelled in sales and marketing roles.

I loved my time in the sporting industry, but the itch to be part of the hospitality industry never left me, so when an opportunity came up to invest in and operate a restaurant in Brisbane, I jumped at the chance.

Over almost a decade, I invested in and operated multiple restaurants and a coffee specialty café, I became the National Operations Manager of the group – which eventually established 25 restaurants and 6 coffee specialty cafes trading under The Groove Train and Coffee Hit brands.

In 2015 we sold the business to Minor DKL – the parent company of The Coffee Club. Knowing that the sale was imminent I decided to further educate myself and completed my Masters in Business Administration at The University of Queensland.

In my role at large institutional landlord looking after food and beverage leasing, I have gained extensive knowledge and experience about the site selection process, lease negotiation structures and the details of how the industries best businesses achieve favorable leases.

Having owned, operated, and sold hospitality businesses, together with working for one of the countries premium institutional landlords. my experience is very well rounded. If you need help with the day to day running of your business, growth strategies or with any lease/landlord requirements please do not hesitate to reach out.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach the landlord, property managing agent, any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

Furthermore, we want to emphasize that your consent to receive marketing communications from GSE is entirely voluntary, and you have the option to opt-out at any time. In every marketing email sent by GSE, you will find a convenient unsubscribe link that allows you to manage your preferences and cease receiving such communications. We respect your privacy and strive to provide you with a seamless and flexible experience tailored to your needs.
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Brisbane QLD