Business ID: XB165140

Management operated | Vendor Finance considered.

A great opportunity to acquire a profitable, management-operated licensed restaurant. Operating under a recognised national hospitality brand, the business has an established customer base, experienced team, and strong financial performance, while requiring minimal day-to-day involvement from the current owner.

The business operates from an impressive purpose-built hospitality venue of approximately 600sqm, featuring spacious dining areas, a fully equipped commercial kitchen, licensed bar facilities, and extensive on-site customer parking. A substantial solar installation also assists in reducing operating costs.

Business Highlights

   -  Management-operated with minimal day-to-day owner involvement.

   -  FY2026 revenue of approx. $1.5m

   -  FY2027 sales increase of approx. 6.5%, excellent result in the current climate.

   -  An owner/operator will enjoy a return of $250k to $300k pa.

   -  Strong function, event, and group booking capabilities.

   -  Experienced chefs supported by an established front-of-house and kitchen team.

   -  Significant solar installation assisting with operating efficiency.

   -  Strong function, event, and group booking capabilities.

   -  Further opportunity for an active owner-operator to increase profitability and maximise utilisation of the substantial venue.

   -  Flexible lease terms available to an incoming purchaser.

   -  Vendor finance may be considered for a suitable purchaser, subject to mutually acceptable terms.

The current owner will provide up to two weeks of training and handover following settlement to assist with a smooth transition.

This business is ideally suited to an experienced hospitality operator, husband-and-wife team, existing restaurant group, or investor seeking a profitable operation with an experienced team already in place and further potential for growth.

Asking Price: $395,000 plus SAV

Property Code: 4788

Profitable Licensed Restaurant – Latrobe valley Area