- Categories: Food/Hospitality
Iconic Hobart CBD Burger Bar & Rooftop | Approx. $320k Fit-out | Offers Over $69,000 WIWO
The Standard Burger has traded from Liverpool Street, Hobart CBD, since 2014, occupying a prime position at the entrance to the Elizabeth Street Mall beside Myer, Cat & Fiddle Arcade, Wellington Centre and Bank Arcade.
The sale includes the fully fitted venue Walk-In Walk-Out, with an estimated $320,000 in commercial fit-out and equipment, including an open kitchen, walk-in cool room, licensed four-tap keg bar, commercial projector and sound system, POS system, arcade, and rooftop terrace with city views.
Also included are the established brand, recipes, social media accounts, and a 4.3-star Google rating from 630+ reviews.
This is an asset-value and turnaround opportunity. The business has recently traded below breakeven after labour and rent, with clear opportunities to improve earnings by reactivating delivery, increasing bar and rooftop trade, and aligning labour with sales.
Ideal for an experienced hospitality operator or group seeking a turnkey CBD venue.
Highlights:
- Landmark multi-level burger restaurant and licensed bar
- Prime Hobart CBD location
- Trading since 2014 with established brand
- Approx. $320,000 fit-out and equipment included WIWO
- Open kitchen, walk-in cool room, four-tap keg bar, arcade, projector & rooftop terrace
- High gross margins on scratch-made products
- Clear turnaround potential
- Fully licensed venue
- Best Offers Over $69,000 WIWO
- IM & financials available on signed Confidentiality Deed
Listing ID: TA00335
Ref: TA00339
