Successful Food Outlet with High Profit

29 days ago

Location:
Toowoomba 4350 > Regional QLD > Queensland

Investment level:
$299,000 + SAV

Type:
Business

Industry:
Retail > Food outlets

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Summary

Bucking Bull Grand Central was first established in 2009 and in 2013 was purchased by the current owners. Paul and Raelene have done a fantastic job growing the business over the last 5 years and the

About the Business

Bucking Bull Grand Central was first established in 2009 and in 2013 was purchased by the current owners. Paul & Raelene have done a fantastic job growing the business over the last 5 years and the business boasts a very solid financial performance. The store is one of the top performing stores on the East Coast within the franchise group and as recently as May this year they were the 2nd best performing store nationally.

The recent expansion of Grand Central Shopping Centre has had a direct effect on the performance of this store with sales increasing by 7.5% between 2016 and 2018 financial years.

Business features:

Average yearly turnover $1.14m PA over the last 3 years
Average income to working owner $201k PA over the last 3 years
Located in a busy food court in the largest shopping centre on the Darling Downs
Trained staff in place who can handle all aspects of the business
Sale price includes all franchise training
Nothing to spend, make money from day one

The first Bucking Bull store opened in Perth in 1999. Over the last 19 years they have become one of Australia’s favourite boutique carveries with stores now in Queensland, Western Australia, New South Wales and Victoria. Bucking Bull is part of the Aktiv Brands Group as well as Skewerz Kebabz.

Bucking Bull’s menu has a strong focus on meats both slow cooked and off the grill. They combine these traditional cooking methods with contemporary flavours and the result is a truly unique dining experience. The Bucking Bull franchise is Australian born and their roast meats are all 100% Australian grown, so it should be no surprise that Bucking Bull is the country’s largest and most successful boutique carvery franchise.

Bucking Bull franchisee’s come from all walks of life, and don’t necessarily have food retail or restaurant experience. The ideal franchisee’s are individuals who are genuinely driven to succeed in their business. Retail management or food service experience is desirable, but not essential. New franchisees are provided with comprehensive training that will provide you with all the knowledge and skills required for operating a Bucking Bull franchise.

For more information about the sale of Bucking Bull Grand Central please contact Paul Price at Proactive Business Sales on 0477 971 716 or email paul@proactivebusinesssales.com.au

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