Summary
Beautiful Scarness, Hervey Bay Location – Annual Turnover of $450,000 - Immense Growth Potential – Investment: $200,000 + Stock (sale) or $50,000 Goodwill + Stock (Lease for the right Person)
Location Details
The restaurant enjoys a prime position in a high-traffic area, attracting both dine-in and take away customers daily.
About the Business
Looking for a proven business model that offers multiple avenues for growth? Here is a fantastic opportunity to acquire or lease a popular German restaurant in the stunning coastal suburb of Scarness, Hervey Bay, QLD. Operating successfully for over 4.5 years under the same ownership, this popular eatery has established a stellar reputation for serving authentic German cuisine, a welcoming atmosphere and an exceptional dining experience to local patrons and tourists alike.
The business generates a substantial annual turnover of $450,000, making it an ideal opportunity for food entrepreneurs seeking a viable restaurant with high growth potential. This investment opportunity includes a commercial kitchen, and an active social media presence for continued success. This fully-equipped and immaculate restaurant can accommodate 40 people inside and 40 outside, promising multiple income streams and long-term success. The business currently operates under a simple model, and requires one owner and four casual staff to ensure seamless operations throughout the day.
The restaurant name is Schnitzel&Ribs and do not have to be run as German Restaurant!
Plus, the current owner is willing to provide 30-day comprehensive training to ensure a hassle-free handover. With its strong brand identity, proven success and substantial revenues, this business has the potential to be developed into a successful franchise model for expansion.
Different Options for the Right Person:
Purchase option: $200,000 + Stock, which includes all equipment, rent $1,000 per week + approx. $250 outgoings + GST. Lease option 3+3 or 5+5
Lease option: $50,000 goodwill + Stock, which includes rent $1,500 per week + approx. $250 outgoings + GST, with a 6-year lease, only for the right person with security.
Features of the Business:
Popular German Restaurant with 4.5 years of trading history
Impressive annual turnover with a strong customer base
Full fit-out, all necessary equipment and a commercial kitchen
Ample seating capacity inside and outside
option to offer outside catering
Strong social media presence and local recognition
Generate multiple revenue streams through dine-in and takeaway operations
Easy to run business with minimal casual staffing
Opportunity to expand into a successful franchise model
This is a rare opportunity to own or lease an established restaurant business in the scenic and bustling coastal suburb of Hervey Bay, QLD. If you want to become a successful food entrepreneur with unlimited growth potential, call us on the number given above TODAY!
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