Rare Opportunity – WIWO Restaurant at Cost – Hobart
TAS
Hospitality
This fantastic asset in a prime location is for sale walk in – walk out at the value of the plant & equipment.
Asking Price: $110,000
About the opportunity
Exceptionally well-maintained asset, fully operational with the Market Value of the Plant & Equipment at $139,000 this 80-seater, fully licensed restaurant is for sale for $110,000 WIWO
Key Highlights:
Prime Location: Nestled perfectly in a beachside suburb, just 20 minutes from central Hobart.
Established Reputation: Benefit from a well-patronized business with a longstanding iconic status.
Exclusive Market: Facing minimal competition, supported by a community that cherishes local businesses.
A large, impeccably maintained commercial kitchen and a beautifully appointed dining area with an 80 pax capacity.
Operating only 5 days a week with a turnover in the mid $750,000 per annum
Expansion Potential: There is incredible scope to expand the concept, introduce new offerings, bar, cafe, or explore catering options.
Operation: Currently functioning as a restaurant with both indoor and outdoor dining spaces.
Facilities: Open-plan, fully equipped commercial kitchen. The modern, inviting dining area is light, bright with easy access, and fully licensed
Team: Robust, well-trained team ensuring smooth day-to-day operations.
Lease: Secure, long-term lease in place to guarantee ongoing stability.
Growth Opportunities: With local F&B demand increasing, the potential to pivot the business concept
Limited Availability: Commercial spaces in this suburb are rarely on the market, making this an exclusive chance to secure a remarkable location.
