Restaurant – French Icon, $92k a week – Like no other!

$1,600,000 + Stock ($600,000)

Description

This is not just a restaurant; it is a destination. For years, it has served as the go-to sanctuary for corporate power lunches, romantic evenings, and serious oenophiles. The business boasts a loyal, high-net-worth database and a reputation for consistency that is second to none in the industry.

• Atmosphere: A stunning “hidden” aesthetic featuring exposed masonry and intimate lighting that transports guests straight to Europe.
• The Cellar: A world-class, temperature-controlled inventory featuring rare vintages and exclusive imports.
• Operational Excellence: Fully equipped commercial kitchen and a highly trained kitchen team as well an industry leading front-of-house team capable of maintaining seamless service.
• Strategic Location: Positioned perfectly to capture the professional demographic of the nearby medical and legal precincts.

Investment Highlights:
• Consistent Revenue: Strong historical performance with impressive margins and a high average spend per head.
• Turn-Key Ready: The sale includes all high-end fixtures, fittings, and a comprehensive handover period to ensure a smooth transition.
• Growth Potential: Significant upside available through expanded trading hours or the introduction of curated tasting events and private cellar memberships.

Key figures:
• Averaging over $90k per week (net sales) with unmatched consistency.
• Rent at 5% to support incredible profitability
• Wages: below industry benchmarks.
• COGS: in line with industry benchmarks.
• Lease: In place to take you up to the Olympics with expiry in June 2032. Extensions may be possible during lease assignment.

“A cornerstone of Brisbane’s dining scene, this venue offers an ambiance that simply cannot be replicated in a modern glass-and-steel development.”

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

Staff No

Day to day the business is run by 4 full time chefs on rotation and 2 casual chefs as well as 3 front of house full timers with ,on rotation, 7 casuals.

Lease Info

Over 6 years taking the buyer to June 2032. Landlord has indicated an extension is possible with new terms added.

Trading Times

Monday 6–9 pm Tuesday 12–2:30 pm, 6–9 pm Wednesday 12–2:30 pm, 6–9 pm Thursday 12–2:30 pm, 6–9:30 pm Friday 12–2:30 pm, 6–9:30 pm Saturday 5:30–9 pm Sunday Closed

Size of Premises

544m2 Seating for 90 + 3 Private Dining Rooms. Total when at capacity is around 140.

Opportunity

This is an incredible opportunity to add a highly profitable hospitality icon to your portfolio.

Reference No: DCLC0300

Business Listed by

David Cahill

Hospitality Consultant and Sales Consultant (QLD) @ GSE Hospitality Brokers

For over 20 years I have been working with hospitality owners to help improve outcomes for their businesses. Whether it be consulting, training or implementing systems like complex POS systems for cafes, restaurants, bars, pubs, multi-site groups or franchises I have covered it all. I have been fortunate to travel across Australia and have worked with fantastic people, groups and brands. I spent time living in both Sydney and Melbourne working with many different businesses and people in the industry. Today, I love living in my hometown Brisbane with my young family.

Owners and managers in hospitality businesses are very often overwhelmed by the day to day workings of their businesses. Making changes can be really hard. Make the right changes even harder with so many options and choices to make. I’ve spent a lot of time in my career dealing with these kinds of challenges and solving them.

Being solutions focussed with efficiency in mind without losing the fun element we have in hospo is key to making it all work. I thoroughly enjoy helping businesses be more successful and in helping owners get the best results they can. There have been hundreds of cases where we have made the right change at the right time that leads to better results for the business and the people in it. That’s where I find my passion.

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.

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For Sale

Brisbane QLD