Restaurants For Sale in Toowoomba City South Qld QLD

Established Hospitality Business - $2.3m+ turnover

Advert Id: 397690, Sellers Ref: (563593)
  • Location: Toowoomba City, South Qld, Queensland
  • Category:Restaurant, Food, Cafe and Coffee Shop
  • Asking Price:$699,000 + SAV
  • 699000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

A rare opportunity to acquire a well-established, highly regarded hospitality business in the Toowoomba region.

This business has built a strong reputation and a loyal customer base over a number of years, drawing custom from both the local area and further afield. It operates with multiple revenue streams under one roof, giving new owners diversified income and resilience across different trading periods.

The numbers speak for themselves:

-Annual turnover of $2,331,503 (ex-GST)
-Net profit of $335,298, representing a healthy 14.38% margin
-Gross profit margin of 68.8%

Why this business stands out:

-Multiple revenue streams operating from a single premises, capturing different customer segments and trading occasions
-Outstanding local reputation, with a loyal and growing customer following
-Strong, capable team already in place, reducing owner-operator dependency and working hours
-Highly transferable systems and supplier relationships, built up over years of operation
-A distinctive market position that would be difficult and costly for a competitor to replicate
-Favourable trading structure, offering a strong lifestyle-to-profit ratio for the current owners

Clear opportunities for a new owner to grow the business further:

-Underutilised lettable area on-site, well suited to a functions and events offering - a genuine and largely untapped area of expansion.
-Scope to extend current trading hours/days, with strong potential to materially increase turnover by capturing additional trade beyond the existing operating window.
-This is a genuine opportunity to step into a profitable, well-loved business with a proven current financial track record and clear, tangible avenues for future growth.

Price: $699,000 + SAV

Contact the exclusive listing agent for a confidential information pack and financials. Genuine buyers only - a non-disclosure agreement will be required prior to disclosure of trading name, location, and full financial verification.

Net Profit per annum $335,000

Staff No
2 Directors, 6 full time and 25 casual staff

Lease Info
New 10 year lease available.

Trading Times
Open 4 days per week for breakfast and lunch
Open 2 days per week for dinner

Size of Premises
340m2 + alfresco dining and function space

Opportunity
The underutilised lettable space presents a genuine opportunity to develop a functions and events, extending current trading hours/days, better leverage the business's loyal following and reputation through stronger digital marketing and promotion - all representing tangible, achievable upside for an incoming owner.

**Weekly**
Sales $44,800
Rent $2,500

Gse Hospitality Brokers

Enquire Now

3 + 9 = ?

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