Summary
Hughenden's most liked & only resturant is on the market for the first time in 30 years. Owner operators have decided to retire, so it is your oppotunity to take over this very profitable business.
Revenue
$7,000 pw
Location Details
31 Brodie Street, Hughenden, QLD, 4821
Resturant is located in the main street of Hughenden, and at the centre of the township. Plenty of street parking to cater for every year busy tourist season.
Potential
Hughenden is a rural town in Flinders Shire, QLD. It is en route from Townsville to Mt Isa, during each year tourist season the town has large passing traffic that supports the best part of the business.
The new Hughenden irrigation project (745m) and Meatworks (200m) will double the local population, make the town become economic power house in northern QLD.
Owner operators now open 9 mths/year.
Skills
Currently the resturant is operating as a Chinese/Asian food resturant. As it is the only resturant in town, any cuisine type will do very well.
Hours
7 days a week.
Operators now only open 9 months each year plus 3 months holiday, a very sustainable business model.
Lease
Lease details will be negociated with the new business operator.
Employees
Normal time a working couple can manage the shop.
Extra staff are required during busy time and busy season.
Reason for Sale
After 30 years runnng the resturant, and their kids are all grown up and left home, owner operators have decided to retire.
About the Business
This is a very unique resturant business with 30 years history in the current family hands. Currently operates as a Chinese resturant, with very good reputation.
It is also the only resturant in the town.
This is a very profitable business and has its unitque advantange.
As the current owner operators only open 9 months each year, you can eitehr keep this comfortable business model to give you couple months holiday, or increase the business time to gain extra revenue.
The $150K price includes business and all equipments on site, that sits on 412 m2 land. Shop has welll maintained facilites, large storage space and spare land.
If buys both business and property, the price is $300K.
Note: all financial figures and operation details are subject to buyer own verification and due deligence check. Sale agent provides the info at the best of his/her knowledge at the time of the ADs.
History
30 years plus history.
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