This compact and highly regarded restaurant operates smoothly with a skilled management team and dedicated staff, all set in a sought-after location. The unique dining concept draws both local and international patrons, ensuring continuous demand. This is a rare chance to own a prime, profitable hospitality asset in one of Australia’s top emerging dining destinations.
Positioned in the heart of Tasmania’s vibrant culinary landscape, this fully managed restaurant delivers substantial financial returns with a turnover exceeding $1.6 million and a gross profit margin of 70%. this well-established venue showcases operational efficiency and robust earnings for non-working owners.
This unique opportunity offers investors a hands-off approach with an adjusted EBITDA of $649,539, making it a secure, high-yielding addition to any portfolio and substantial passive income potential for a hands-off investor.
Price: Expression of Interest closing 15 February 2025
License #597