Business For Sale Hobart, Tasmania 7000
Business Category Restaurant
$1,200,000
Description
Fully Managed Restaurant Net Profit $649,539- Tasmania
Discover an exceptional investment opportunity in Tasmania's thriving culinary scene. This fully under-management restaurant has earned a reputation for financial stability, boasting impressive profits and a high return on investment.
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.
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