Ad ID: 122836

Restaurant for Sale Hobart TAS

Exceptional Restaurant Opportunity In Hobart's Premier Suburb


Why buy this Restaurant Business

Restaurant for Sale Hobart TAS Asking: $173,000

Are you ready to own and operate a prospering restaurant in one of Hobart's most sought-after and exclusive suburbs?
This is a rarely available and incredibly desirable opportunity for both experienced restaurateurs and eager new entrants looking to make a significant impact in the local food and beverage scene.

Key Highlights:
Prime Location: Nestled perfectly in a beachside suburb, just 20 minutes from central Hobart.
Established Reputation: Benefit from a well-patronised business with a longstanding iconic status.
Exclusive Market: Facing minimal competition, supported by a community that cherishes local businesses.
Turnkey Operation: A large, impeccably maintained commercial kitchen and a beautifully appointed dining area with an 80 pax capacity.
Profitable Business Model: Operating only 5 days a week with a turnover in the mid $750,000 per annum and an FME adjusted 3-year average profit of $94,479.
Expansion Potential: Incredible scope to expand the concept, introduce new offerings, or even explore catering options.

Business Details
Operation: Currently functioning as a restaurant with both indoor and outdoor dining spaces.
Facilities: Open-plan, fully equipped commercial kitchen. Modern, inviting dining area licensed fully for an enriching guest experience.
Team: Robust, well-trained team ensuring smooth day-to-day operations.
Lease: Secure, long-term lease in place to guarantee ongoing stability.

Investment Considerations
Growth Opportunities: With local F&B demand increasing, the potential to pivot the business concept or expand the menu offerings presents lucrative prospects.
Limited Availability: Commercial spaces in this suburb are rarely on the market, making this an exclusive chance to secure a remarkable location.

Why Invest Here?
Location, Community, and Quality a combination that promises success and the pleasure of ownership in a setting that supports and celebrates local endeavours. Whether you are looking to introduce your innovative F&B concept or take over a thriving establishment with visions of expansion, this venue offers the perfect foundation.

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

Dru Morgan

Business Brokers Network Australia
Broker Ref: 22249

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