Ave. Weekly sales $50k over 16 months
Kotara NSW
Last asking price $495,000
Sold June 2023
Food & Drink
Average Monthly Nett Profit of $15.9k for owner operator
Change in Family Circumstances force sale
One of Ausytralia's busiest Lone Star Rib House locations located in the ultra busy Kotara complex.
Over $1 mil spent on fit out.
Opportunity for an Owner Operator to grag hold of this business and improve food costs and labour costs - Which equals more profit
Current owner has been based in Sydney and spent minimal time in store.
Lone Star Rib House is a Texan themed Rib and Steak House providing exceptional value for money in a relaxed family atmosphere.
The enticing menu offers American-style favourites such as prime grain fed beef, thoroughly basted beef, lamb and pork ribs, salads, seafood and burgers.
Lone Star Rib House stands out from the crowd. Good ol' fashioned Texan hospitality is the cornerstone of the concept which makes customers feel that they are friends for life.
The very first Lone Star Rib House store opened at Tuggerah on the NSW Central Coast. Located at the Westfield Shopping Centre, the restaurant has become a well-known, local destination and is fast becoming a community favourite.
The Franchisor has over 15 years' experience in franchising and offers you full support in all areas of ongoing operation.
The franchisor will manage the fit out and grand opening of the restaurant.
The franchisor has a relationship with a major Australian bank to offer approved applicants automatic 50% finance unsecured plus balance if required secured at competitive rates, and the company provides ongoing support with group purchasing arrangements, national advertising and operations.
Join the Lone Star Rib House family and you'll receive:-
• full support from both the National Head Office and the State Master Franchisees in your area
No experience is necessary as full training, and advertising support with local state and national campaigns is provided
Please contact us now
Pictures for purpose of advert only