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Flourishing Italian Restaurant For Sale In Hervey Bay

Queensland, Australia
Asking Price:
$200,000 + SAV (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Thats not a word used to describe many restaurants these days. But the pandemic opened up a whole new market for this popular Italian restaurant for sale.

Its well established and well located. Surrounded on three sides by holiday accommodation and on the fourth, by the beach. Restaurant locations dont come much better than that!

Bookings are essential

Boasting 80 seats, this smarty presented Italian restaurant for sale, is generously proportioned. So there was plenty of room to reduce capacity to comply with social distancing requirements. Yet still serve lots of customers. Its common for this business to turn every table twice on busy nights.

But its the takeaway business that took off last year.

Instead of being defeated by new restrictions, the enterprising owners invested in marketing to promote their new business model.

And it worked a treat.

Hervey Bay has been an increasingly popular tourist destination for years. And demand is mainly from the domestic market. International border closures have therefore not impacted this region as much as others.

Being in the middle of a host of accommodation providers, this restaurant receives a constant stream of referred guests. And, by writing such glowing reviews, those guests refer others. Its a self-perpetuating cycle. They come for the authenticity of gnocchi, fettuccine, pizza, and pasta made from scratch. Served in a friendly and engaging manner. Its no wonder bookings are essential.

Look at some of the features:
- Established for more than ten years

- Beachfront location

- Very well regarded by locals and tourists alike

- Flourishing dine-in and takeaway trade

- Generating annual revenue of more than $800,000, and

- Profit to the owners of over $200,000.

If youre looking for a restaurant for sale, you need to look at this one. Under confidentiality, the exclusive broker will be pleased to share all you need to know about this flourishing Italian restaurant.

FOR SALE: $299,000 + SAV

For further information on this opportunity, please contact:
Steve Plant

Business Broker

Benchmark Business Sales and Valuations

M: ---- --- --- T: ---- --- --- E: [email protected]

If you'd like to know more about the business go to our ----------.-----------------.---.----- use the reference: benchmark_74_1051 to search for the business.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Cafe, Restaurant, Hospitality, Food and Hospitality, Coffee, Cafe and Restaurant

Listing ID: benchmark_74_1051

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