Fast Growth Franchise Licensed Restaurant & Bar - Regional Nsw

Sydney, NSW

Food/Hospitality / Restaurant, Takeaway Food Franchise / Franchise
Offers: $650,000 Plus…
Listing ID1940019

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Chance to acquire a successful franchise offering traditional country style cuisine, in brand new multi-purpose $100m complex, adjacent to the train station, with ample on-site parking. Big savings, as this business has recently opened and the vendor is asking only establishment costs. Finance options are available.

Potential
Proven business plan and quality fit-out are designed to ensure high returns to suit either investor or owner operator. Currently under professional management, the restaurant seats 212 in 449sqm premises, including large veranda/terrace. This business has significant scope for growth and improved profit. Investors, ask about future development options!

The development is the total refurbishment of a famous, historical and landmark structure that resonates in the lives of all 220,000+ inhabitants of the nearby region. It is nearing completion, and comprises an international hotel, conference centre, residential apartments and commercial suites with medical facilities, and includes a supermarket, food outlets and shops, plus numerous dining and nightlife venues.

Location
The vendor has requested to keep the location confidential, but the location is a major regional centre within a comfortable drive from Sydney. It is well serviced by road, air and train, which make it an ideal tourist destination or stopover. This historical city is close to the intersection of major transit routes, and several other major cities are only 1-2 hour's drive away.

The city is experiencing above average growth in population, and industrial and service industries. Currently the city's gross regional product (GRP) is over $3.7bn pa. This growth well exceeds the national average by 50%. The population growth is due to the natural birth rate, the region's attraction to economic settlers and to retirees seeking an improved lifestyle. The city boasts a major training hospital, university, numerous schools, and military bases, which assure continuous federal and state government overview and financial support.

Management
Employees include professional management and the business is fully staffed by experience permanent and casual front-of-house, kitchen and wait staff.

Lease
Long lease expires 2028 with 5 + 5 year options.

Key facts about this restaurant and bar:
- Highly successful franchise business plan,
- High growth and profit experienced within franchise group,
- Full training and corporate support,
- Under professional management with fully trained staff,
- Suit investor, or additional profits available to owner operator,
- Full liquor license,
- Well established website with menu,
- Website supported by continuous SEO enhancement,
- High exposure social media marketing support,
- All new quality, branded equipment,
- New international hotel and conference centre within the complex,
- Residential apartments, and commercial and medical suites,
- Supermarket, retail and food outlets,
- On site and adjacent dining and nightlife venues,
- Ample parking directly in front,
- Further growth options.


Asking price includes cost of fit-out and establishment only, plus takeover lease of equipment.

For further information, please contact the undersigned:

Brent McDonald
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0413 158 638 T: 1800 858 696 E: brent.mcdonald@raywhite.com

or

Henry Wittenberg
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0435 142 192 T: 1800 858 696 E: henry.wittenberg@raywhite.com


For more details complete the "contact us" form on this page or go to www.allbizsales.com and complete our online confidentiality agreement. Use the reference ID 1940019 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.