This is a rarely available and incredibly desirable opportunity for both experienced restaurateurs and eager new entrants looking to make a significant impact in the local food and beverage scene.

Key Highlights:

• Prime Location: Nestled perfectly in a beachside suburb, just 20 minutes from central Hobart.
• Established Reputation: Benefit from a well-patronised business with a longstanding iconic status.
• Exclusive Market: Facing minimal competition, supported by a community that cherishes local businesses.
• Turnkey Operation: A large, impeccably maintained commercial kitchen and a beautifully appointed dining area with an 80 pax capacity.
• Profitable Business Model: Operating only 5 days a week with a turnover in the mid $750,000 per annum and an FME adjusted 3-year average profit of $94,479.
• Expansion Potential: Incredible scope to expand the concept, introduce new offerings, or even explore catering options.

Business Details

• Operation: Currently functioning as a restaurant with both indoor and outdoor dining spaces.
• Facilities: Open-plan, fully equipped commercial kitchen. Modern, inviting dining area licensed fully for an enriching guest experience.
• Team: Robust, well-trained team ensuring smooth day-to-day operations.
• Lease: Secure, long-term lease in place to guarantee ongoing stability.

Investment Considerations

• Growth Opportunities: With local F&B demand increasing, the potential to pivot the business concept or expand the menu offerings presents lucrative prospects.
• Limited Availability: Commercial spaces in this suburb are rarely on the market, making this an exclusive chance to secure a remarkable location.

Why Invest Here?
Location, Community, and Quality — a combination that promises success and the pleasure of ownership in a setting that supports and celebrates local endeavours. Whether you are looking to introduce your innovative F&B concept or take over a thriving establishment with visions of expansion, this venue offers the perfect foundation.