Profitable Fully Licensed Restaurant Trading Weekly 24 Hrs T/o $370k++ Cafe

25 Yorktown Square, Launceston, Tasmania 7250

$185,000+sav

Key Features

AI generated. Contact seller to confirm.

  • Fully licenced restaurant with late night and day trade potential
  • Trading 24 hours weekly turnover $370K++
  • Seats approximately 40–45 indoors, customer toilets onsite
  • Long lease available
  • Walk-in cool room; extensive equipment included
  • Strong foot traffic near Grand Chancellor Hotel, Yorktown Square
  • Turnover: $370K++ weekly
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Operating for 8 years

Business Details

Business Category Alcohol Liquor Shop Restaurant

Call to arms

Available for the first time in 8 years, this well-established and fully licensed restaurant presents an exceptional opportunity for motivated hospitality operators.

Can be changed to a full cafe during the day and restaurant at night, perfect location.

Located in the heart of Launceston's Yorktown Square precinctclose to the Grand Chancellor Hotel and surrounded by retail activitythe business enjoys strong visibility and steady foot traffic without the need for advertising spend.

The business is currently operated by an owner with support from casual staff, and full training can be provided to ensure a smooth transition for the new owner.

With friendly, manageable operating hours already in place, there is clear potential to expand tradingparticularly by opening for lunchto further increase revenue.

Renowned for its repeat clientele and excellent reviews, the restaurant seats approximately 4045 guests indoors and includes customer toilets for convenience.

Sales are driven largely through word of mouth and popular delivery platforms such as Uber Eats and Menulog.

The current owner closes the business for 1 month each year for annual leave, offering immediate upside for those wishing to maximise operating days. A long lease is available, and the extensive equipment list includes a walk-in cool room.

If you are seeking a reliable hospitality business with consistent income and strong growth potential, this opportunity is not to be missed.

Enquire now to complete a confidentiality agreement and receive further information.

Phone Business Broker Paul Scott on XXXXXXXXXX . XXXXXXXXXX Praveen Pant on XXXXXXXXXX INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

What's Nearby

Make an Enquiry
Business Brokers Network Australia Business Brokers Network Australia
Paul Scott

Bsale ID: 674928

wait whilst email sent

Thank you, your enquiry has been sent now.