For Sale

Brisbane QLD

Under Management: Bar, Restaurant with Hotel licence

Description

Premier Bar and Restaurant in Thriving North West Brisbane

This is a rare chance to acquire a consistently high-performing venue with significant growth potential. Turnover $3,000,000+ gross under full management. This venue is a standout local favourite, combining a sophisticated bar atmosphere with a high-performing craft-focus and attached retail bottle shop. Recognized for its unique character and strong community following, the business is currently enjoying a record year!

Key Highlights:

  • Full Management: The business is structured to run efficiently with minimal owner presence, supported by a professional team and running at standard industry labour costs.
  • Strategic Hotel License: The valuable general hotel license not only enhances current operations but allows a new owner the right to open three additional detached retail sites within 10km of the premises.
  • Incredible Overhead Ratio: Boasts an exceptionally low rent-to-revenue ratio of just 4.72%, providing a massive safety margin and driving high profitability.
  • Unique Market Position: With no direct competition in the immediate area, this business offers a “moat” that is difficult for competitors to replicate.
  • Large Function spaces: Multiple large function spaces on premises – perfect to boost revenue and have multi use areas while still trading.
  • Venue capacity: 200 seats in total, plus an additional 60 standing, approximately 260 people in total for normal trade and functions.

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Business Listed by

David Rey 800px

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

With over 12 years of hands-on hospitality experience across diverse venue types, combined with more than a decade in liquor sales and account management, David Rey brings rare depth, commercial acumen, and real-world insight to hospitality business brokerage.

David’s career has been built from the ground up — working directly within venues, partnering closely with owners, and leading high-performing sales portfolios across Australia and Southeast Asia. This dual exposure gives him a unique understanding of both the emotional investment and commercial realities behind every hospitality business. He understands what makes venues profitable, sustainable, and ultimately saleable.

Throughout his liquor and wholesale career, David secured and managed more than 200 hospitality accounts, negotiated major wholesale partnerships, achieved significant year-on-year sales growth (including 50%+ state growth in premium spirits portfolios), and maintained exceptional client retention rates. His ability to analyse performance data, identify growth opportunities, and implement strategic pricing and promotional campaigns consistently delivered measurable revenue increases for bars, restaurants, and hotels.

As a former State Manager and Senior Business Development Manager, David worked closely with venue owners on margin optimisation, product mix strategy, cost control, and operational efficiency — experience that directly translates into understanding business valuation drivers and buyer appeal.David is known for his honest advice, clear communication style, and calm, structured approach to what can often feel like a complex and emotional process. He prides himself on making transactions straightforward and transparent, ensuring clients feel informed and supported at every stage.

Whether representing a buyer seeking the right opportunity or a vendor preparing to exit, David’s goal is simple:
to deliver a smooth, strategic process and achieve the strongest possible outcome for his clients.

His industry relationships, negotiation experience, commercial awareness, and genuine passion for hospitality make him a trusted advisor in the hospitality business sales market.

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