Bao Brothers - Terrigal - BUSINESS FOR SALE

Key Strengths:

Minimal competitors in the area

Great foot traffic location

Great standing in the community

Starting from humble beginnings in 2015 at the Newcastle Farmers Market, Bao Brothers were quick to amass a cult-like following with crowds of people all after their delicious bao buns on a weekly basis.

The immediate success propelled Bao Brothers to quickly capitalise on their booming popularity, frequenting major music festivals, weddings and food and wine fairs, all while slinging their signature bao.

This allowed them to grow exponentially in such a short space of time and led to the business opening its flagship store in Charlestown, NSW, before opening another 3 stores soon after across the region.

As the Bao Brothers name continues to grow, largely fueled by the brand’s philosophy for ‘good food fast’, you now have an exclusive opportunity to get involved with this QSR leading franchise at the perfect time – as their popular Terrigal store has just hit the market.

About the Opportunity

Despite only opening its doors in 2022, Bao Brothers-Terrigal has experienced amazing growth in this time thanks to its prominent location with high customer traffic – especially during weekends when Terrigal Beach is packed full of visitors.

The Terrigal establishment also has great rapport within the community, currently sponsoring local rugby and soccer clubs while building relationships with other businesses in Terrigal.

They have also forged strategic partnerships with various delivery platforms such as Menulog, Doordash and UberEats furthering their revenue stream – which currently sits at $200K annually.

The 50-seater restaurant, with external dining, is easily one of the best-looking stores in the area, with internal artwork captivating passerby customers and creating a unique atmosphere simultaneously.

Asking price: $400,000 + GST.

Reason for sale

Bao Brothers-Terrigal has only operated for a little over a year under the current owners, however, due to other business commitments, they are looking to sell this popular restaurant in the Terrigal region to the right person so the business can grow as intended.

Training, support, & growth potential

Using a platform that provides all the checklists from opening the store to closing, regardless of your experience level, Bao Brothers-Terrigal should be an easy-to-operate business for you.

All new owners go through onboarding to learn about the products and business processes documented in videos, which are accessible online should they need a quick refresher.

Whenever a new product launches, the head office sends representatives to visit the store to demonstrate how the product is created to maintain consistency across the board.

Bao Brothers-Terrigal already has fantastic reviews on Google (4.6 stars), but the business can easily benefit from more local & digital marketing initiatives. As its newest owner, this lets you get creative in steering it to its next growth phase in a way you see fit!

Key features of the business:

• Excellent franchisor support and ample training
• No competitors in other Asian-themed QSR market
• Strong following and great connections in the community
• Strategic partnerships with delivery platforms 
• Consistent menu updates 
• Transferable lease – renewable every five years

If you’re ready to join the mission of shaking up the fast food game and running your own successful QSR restaurant, then Bao Brothers-Terrigal is for you.

Reach out to us today!