Internal Ref: 118240161
Summary
Premium Corner Location + Turnkey Restaurant Operation This is an exceptional opportunity to acquire both a successful licensed restaurant and the freehold premises it operates from — ...
Location Details
136 Torquay Road
About the Business
Premium Corner Location + Turnkey Restaurant Operation
This is an exceptional opportunity to acquire both a successful licensed restaurant
and the freehold premises it operates from — perfectly positioned in the heart of
Hervey Bay’s popular seaside precinct.
Located just 300m from the Esplanade, this standalone property occupies a high visibility corner site with dual street frontage on busy Torquay Road and Queens Street,
offering exceptional signage and customer access.
The restaurant, currently home to Schnitzel & Ribs,
is the only German cuisine venue within a 200km radius and enjoys a strong local following and tourist trade.
Key Property Features
• Freehold title on 263 sqm corner site
• Approx. 120 sqm internal floor area
• Fully renovated in 2021 – modern, high-quality fit-out
• Indoor and outdoor dining spaces
• Ample on-site and off-street parking
• Excellent exposure to both foot and vehicle traffic
Business Highlights
• Long-established, profitable restaurant
• Operating 5 days per week , closed Xmas and Easter and all public holidays, clear upside to increase trading days
• Fully licensed with existing staff in place (owner + 4 casuals)
• Fixtures, fittings, and equipment included – walk-in ready
• Ideal for owner-operator, family business, or investor
• Franchise-ready with vendor support available
Growth Potential
• Hervey Bay forecasted to grow 50% over the next decade
• Surrounded by major developments: Sheraton resort, council buildings, major retail
• Significant opportunity to extend hours, introduce delivery, and scale brand
The Opportunity
This turnkey business is perfect for a hospitality investor, entrepreneur, or chef
owner seeking lifestyle and income in a fast-growing coastal region. With a motivated
seller looking to retire, this is your chance to step into a ready-to-run business with
room to grow.
https://schnitzandribs.com.au
The Phone Code for this property is: 26750. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Connect with us