Introducing a well-established 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-positioned 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 Sales: 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-established 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 Details
The lease has over 2 years remaining, with the landlord willing to offer an extension during lease assignment.
Premises Details
Approx. 258m2
Level 1 – 155m2
Level 2 – 103m2
Opening Hours
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
Opportunity
This turnkey bar/restaurant offers a well-established business ready for a strategic buyer or an owner operator to take over and continue its legacy.
