Profitable Steak House BBQ Restaurant for Sale

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Summary

Under Management, well-established and with potential to grow.

Revenue

$29,000 pw

Net Profit

$5,000 pw

Location Details

Frankston

Skills

The vendor has developed a successful business concept, and any buyer will receive full training.

Hours

5-9 pm Tuesday to Sunday

Lease

Long Lease

Employees

4 full-time, 4 part-time

Reason for Sale

The Vendor is creating a successful business model, and he is moving to a new business plan.

About the Business

A successful business concept aimed at reducing the label cost.

Exciting Opportunity in a Prime Location!

Step into a thriving, on-trend smoke-grill-style steak house restaurant located at the heart of a major shopping strip, ideal for an ambitious owner-operator or investor. With a strong local following and considerable growth potential, this well-established business is poised for its next chapter.

Key Features:

* High-traffic, premium location with strong footfall.

* A successful business concept.

* Under management; will benefit if owner-operated.

* Full commercial open-kitchen.

* Large premises 200 Sqm. approx.

*Current weekly takings of approx. $25-30k plus

*Reasonable rent and overheads, maximizing profitability

*Long Lease

*Offered at a very reasonable $290,000, negotiable

* Net profit assuming $5000/week approx.

The current owner has successfully operated in the industry for years and has run and owned multiple businesses. They're highly motivated to sell, making this an excellent opportunity for a savvy buyer.

Act fast, make a reasonable offer, and you could recoup your investment quickly!

For more details or to arrange for an Inspection, please contact:
PETER LI
0433 281 189

This Business is exclusively listed by No.1 Commercial and Business.


Disclaimer The financial information and statements relating to the above business have been prepared based solely on the information supplied by the vendor to NOCB, and therefore No.1 Commercial & Business does not guarantee the accuracy of such statements and financial information. NOCB will not be liable for such statements and financial information. NOCB strongly recommends all prospective buyers of this business seek its independent accounting, legal and financial advice and conducts their due diligence on the business. Image used only for illustrative purposes to protect the seller's privacy. It is in no way representative of the actual business or its products.

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