$2.33m turnover with huge upside, Multiple Revenue Streams

Today, 1:18pm

Location:
Toowoomba 4350 > Regional QLD > Queensland

Investment level:
$699,000 + SAV

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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Summary

An outstanding opportunity to acquire a well-established and highly regarded hospitality business in the Toowoomba region supported by a loyal customer base and an excellent local reputation.

Lease

New lease available

Employees

Fulltime 8 including Directors and 25 casuals.

About the Business

An outstanding opportunity to acquire a well-established and highly regarded hospitality business in the Toowoomba region, supported by a loyal customer base and an excellent local reputation.The business operates with multiple revenue streams from one premises, providing diversified income and strong trading resilience.Strong financial performance

:Annual turnover: $2.33 million ex-GST Net profit: $335,000Net profit margin: 14.4%Gross profit margin: 68.8%

Key features:

Multiple complementary revenue streamsStrong reputation and loyal customer following Experienced team already in place.

Established systems and supplier relationships Distinctive market position with limited direct competition Attractive lifestyle-to-profit ratioThere is also significant scope for further growth, including an underutilised lettable area that could be developed for functions and events, along with the opportunity to extend current trading hours and capture additional turnover.

With a proven financial history, established operations and clear growth opportunities, this represents an excellent opportunity for an experienced operator or investor seeking a profitable hospitality business with further upside.

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