Thriving American Themed Family Restaurant in Adelaide — FOR SALE

100% Under-Management Dine-in/Takeaway in Prime Northern Suburbs Location

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Preview Listing
Preview Listing
Preview Listing

Location Details :

Country

Australia

State

South Australia

City

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Industry :
Food/Hospitality - Convenience Store ; Food/Hospitality - Restaurant ; Food/Hospitality - Takeaway Food ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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Key Strengths:
keyHuge growth potential
keyGreat foot traffic location
keyLoyal, repeat customers

About the business

Accelerate Business and Franchise Sales, powered by Eden Exchange, proudly presents an unparalleled opportunity for an experienced or first-time operator to acquire a highly successful food business.

Act now – this is an opportunity you won't want to miss!

KEY FEATURES OF THE BUSINESS

  • Low Rent and Favourable Lease Terms: Enjoy an excellent rental rate at $3,642.24 ex GST and outgoings; coupled with a secure lease spanning 3 + 5 + 5 years.
  • Ideal Trading Hours: Operates Monday to Thursday from 4.30pm to 10pm; and extended hours on Friday to Sunday from 11am to 10pm.
  • 100% Under Management: Benefit from a fully trained team including a dedicated full-time, well-trained chef; allowing for a seamless transition to a new owner.
  • Effortless Operations: Featuring an uncomplicated menu with no complex recipes; the business requires minimal oversight – just walk in and start generating revenue!! 
  • Turnkey Operation: All equipment is in excellent condition, and the sale includes a trial period for added peace of mind.
  • Impressive Sales Turnover: Currently achieving an average weekly sales turnover of $17,000 (Inc GST), showcasing the business's robust performance.
  • Diverse Delivery Channels: Leverage revenue streams through UberEats, MenuLog, and the businesses own app.

POTENTIAL

  • Strategic Promotions: Unlock further growth potential by implementing targeted promotions to boost sales. The current owner is too busy to do any of that.
  • Cost Optimization: A more hands-on operator has the opportunity to reduce overheads and enhance cost-effectiveness.
  • Extended Trading Hours: Despite its thriving status, there is room for expansion by extending operating hours.
  • Vendor Support: The vendor is willing to provide a comprehensive handover, ensuring a smooth transition for the new owner. Although currently fully under management, the business is primed for transfer to its next successful proprietor.

SALE PRICE: $239K + stock at value

Act Now!

This exceptional opportunity awaits your vision and entrepreneurial spirit. Don't miss out – contact your specialist broker, Shweta Sharma, at 0432591529 or leave an inquiry in the provided spaces. Seize the chance to own a lucrative business in a prime Northern Suburbs location!

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Thriving American Themed Family Restaurant in Adelaide — FOR SALE

Australia

Once a family bonding spot in Hope Valley, our restaurant has evolved into a family-friendly dining experience. Beyond just steaks, we offer a variety of hearty meals at great prices. From Fall-Off-The-Bone Ribs to Made-From-Scratch Sides and Fresh-Baked Bread, our handcrafted dishes stand out with generous portions. Enjoy a selection of Ice Cold Beers and Beverages as well. ✌️🥓

View other listings by this business

$239,000

Enquire about this business

Get In Touch :

Brokerage

SS

Broker Name: Shweta Sharma

Broker Email: info@acceleratebsales.com.au

Buying Advice :

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