LINK NSW Sydney Brokerage Pty Ltd
Level 1, 181 Botany Road,
Waterloo, NSW 2017
Phone: 02 9899 1999
Fax: 02 9114 8990
Food/Hospitality for sale
An Iconic Hobart institution Licensed Restaurant
LINK Business is proud to announce the Exclusive listing of this Award Winning, Iconic Hobart Restaurant offered to market for the first time.
This institution is located in a prime location. Finished in a superior class of standards & Decor, it is regarded as the top venue of choice in Hobart with both local and interstate guests with a reputation as the place to dine when in Hobart.
Currently only trading for dinner 6 Days a week, this business is well positioned to be further developed and grow its revenue by opening for lunches and deliveries. With the potential to open up multiple locations within Hobart.
Offering a unique menu unmatched with local competition this business has the potential of becoming a successful franchise operation.
Exciting Business Highlights include:
- Fantastic secure lease terms in Place with only 5% Of turnover.
- Brand new remodelling with no expense spared with nothing to spend.
- Brand new Commercial Kitchen.
- Blue Chip Investment.
- Plenty of room to expand.
- Impressive 58% Increase in revenue from 2014 and growing.
- Systems in place to trade under existing management.
- Impressive margins. 50% on Food and 50% on Alcohol.
- Projected 2016 Revenues to $1.8 million and above.
- Walk in walk out.
This business will suit an owner operator buyer or an investor looking to achieve outstanding return on investment.
This is a rare opportunity to acquire one of Hobarts iconic establishments and take it to the next level. This sale will not be available for long, whether you are a local buyer looking for a new venture or an interstate buyer looking at making the move to Hobart. Look no further than this opportunity.
Call me on for confidential conversation about this rare opportunity.
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/14422
Broker: Farzin Hesari
Email: Click to email
The purchaser to make his/her own investigations and enquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant