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A Unique Three In One Eatery In Hobart For Sale

Tasmania, Australia
Asking Price:
$275,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Categories: Food/Hospitality
On offer is a unique opportunity to acquire an Italian deli, Mexican restaurant and New York-style pizza shop for the price of one. Whilst operating as separate entities, all three concepts are under one roof and are owned by the same owners. The concepts share a single kitchen and collectively offer catering services, diversifying the current owners' revenue streams. As such, this acquisition opportunity is suited for motivated operators ready to simultaneously take on three turnkey operations and drive them to their next level.

*Three-in-one Operation
*FY2024 Sales Forecast: $1,034,535
*Prime location
*Secure lease until 2027
*Robust workforce in place
*Fully equipped premises

Farzin Hesari and the team at LINK Tasmania are thrilled to present an Italian deli, Mexican restaurant and New York-style pizza shop to the market.

These three businesses occupy a single tenancy within a prime commercial hub frequented by white-collar employees, students, and creatives. The unique concept is best suited for the location, which also hosts events and functions for up to 600 guests, resulting in excellent exposure to a captive market.

While each concept operates independently, they are a single entity sharing a full commercial kitchen under the same ownership. To diversify revenue, the current owners offer catering services, offering food and beverages from the three concepts' menus.

Each concept has its own space, and the kitchen is fitted with near-new plants and equipment, such as a grease trap, a kitchen canopy, cool rooms, and a large pizza oven. All are owned outright and are in excellent condition. Notably, the venue is immaculately fitted and fully licensed, boosting the business's revenue potential.

Given the concepts' three-in-one structure, staff members are enabled to work together, minimizing overhead costs. The business collectively has around 12 skilled staff members, including prep and service kitchen staff, FOH staff, and baristas.

The concepts have their own website integrated with online ordering functionality. Each has its own Facebook and Instagram accounts, enabling them to engage with the target market effectively.

With three distinct food concepts merged under one roof, the business is well-positioned to cater to a wide range of tastes, enhancing its appeal and potential for increased revenue.