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Listing Id: 33866 Last Refreshed: 07/11/2024 Total Views: 2 Broker Ref: 22249

Rare Opportunity WIWO Restaurant at Cost Hobart

Hobart, TasmaniaYogurt Shops
Asking Price: $145,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

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Description

This fantastic asset in a prime location is for sale walk in walk out at the value of the plant & equipment.

Exceptionally well-maintained asset, fully operational with the Market Value of the Plant & Equipment at $139,000 this 80-seater, fully licensed restaurant is for sale for $145,000 WIWO

Key Highlights:
- Prime Location: Nestled perfectly in a beachside suburb, just 20 minutes from central Hobart.
- Established Reputation: Benefit from a well-patronized business with a longstanding iconic status.
- Exclusive Market: Facing minimal competition, supported by a community that cherishes local businesses.
- A large, impeccably maintained commercial kitchen and a beautifully appointed dining area with an 80 pax capacity.
- Operating only 5 days a week with a turnover in the mid $750,000 per annum
- Expansion Potential: There is incredible scope to expand the concept, introduce new offerings, bar, cafe, or explore catering options.
- Operation: Currently functioning as a restaurant with both indoor and outdoor dining spaces.
- Facilities: Open-plan, fully equipped commercial kitchen. The modern, inviting dining area is light, bright with easy access, and fully licensed
- Team: Robust, well-trained team ensuring smooth day-to-day operations.
- Lease: Secure, long-term lease in place to guarantee ongoing stability.
- Growth Opportunities: With local F&B demand increasing, the potential to pivot the business concept
- Limited Availability: Commercial spaces in this suburb are rarely on the market, making this an exclusive chance to secure a remarkable location.

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/XyzqSNhZZjwMbHhm7
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