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Popular Dumpling and Beer Franchise Business Under Management For Sale | Sunshin
Summary
Newly renovated with kitchen, bar and outside area upgrades in May 2022. Had a turnover of over $900,000 in first year of trading. Now the business is in need of a new owner.
Revenue
$900,000 pa
Location Details
Sunshine Coast
About the Business
Business for sale on the Sunshine Coast – Brett Barton on 0408 607 344 of Verified Businesses has pleasure in presenting this restaurant business for sale.
Located off the beaten track but called the “hidden gem” in so many of its customers reviews. Recently refurbished with many kitchen upgrades, new bar area with beer taps and system, new and upgraded outside dining so venue can cater for up to 110 seated but would have an average of 80/90 seats set up at any given time.
The current owners have squeezed themselves a little too thin with an existing cafe that they have been running for 10 years, and also throw in a young and busy family. They believe this restaurant needs to go to a hands-on operator. The business certainly produces the goods as in its first 12 months turned over $900,000 plus, so the location works and there is a captive market with high density community living surrounding it and a big plus is its only 200m from the beach.
The lease has a monthly cost of $5,150 plus GST with current term ending May 2025 plus 2 x 3 year options. It has approx. 140sqm inside and 70sqm outside covered dining that also overlooks a park. There is no money to spend, unless rebranding if that is your plan, to get started and watch the patrons come on in.
Currently trading only 4 days with lunch and dinner service but the weekends would be even better if you had a breakfast option as the outside dining, park and trees make for a wonderful setting.
If it’s a restaurant you are after then this is ideal, set up by a chef for a chef and as mentioned has a captive audience surrounding them. Call or email me to get started now.
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