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Listing Id: 34192 Last Refreshed: 07/11/2024 Total Views: 2 Broker Ref: 23061

Fully Managed Restaurant Net Profit $649,539- Tasmania

Hobart, TasmaniaYogurt Shops
Asking Price: $100,000
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Overview

  • Premise Type N/A
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  • Source Broker

Reason For Sale

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Description

Discover an exceptional investment opportunity in Tasmania's thriving culinary scene. This fully under-management restaurant has earned a reputation for financial stability, boasting impressive profits and a high return on investment.

This compact and highly regarded restaurant operates smoothly with a skilled management team and dedicated staff, all set in a sought-after location. The unique dining concept draws both local and international patrons, ensuring continuous demand. This is a rare chance to own a prime, profitable hospitality asset in one of Australia's top emerging dining destinations.
Positioned in the heart of Tasmania's vibrant culinary landscape, this fully managed restaurant delivers substantial financial returns with a turnover exceeding $1.6 million and a gross profit margin of 70%. this well-established venue showcases operational efficiency and robust earnings for non-working owners.

This unique opportunity offers investors a hands-off approach with an adjusted EBITDA of $649,539, making it a secure, high-yielding addition to any portfolio and substantial passive income potential for a hands-off investor.

Price: Expression of Interest closing 15 February 2025

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://form-morgan-business.web.app/form/JNn1yAKYARsL6PZS3Us1
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