Long Standing Restaurant - Vibrant Dining Destination
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About this business
In the broker's words
Full description, as written by the brokerLong Standing Restaurant - Vibrant Dining Destination in Wellington Point
An exceptional opportunity to acquire a well-established, profitable, and highly regardedrestaurant in the heart of Wellington Point . Since opening in 2011 and under current ownership since 2024, this Restaurant has built a loyal customer base and a stellar reputation, making it a standout in the local dining scene. Currently being run under management.
Business Highlights:
- Prime Location: Situated in a bustling shopping strip with high visibility and organic foot traffic, attracting both spontaneous walk-ins and loyal locals.
- Consistent Revenue: FY 2025 revenue of approximately $399,000, with a forecasted $346,000 for 2026.
- Unique Dining Experience: Offers vibrant, festive Mexican cuisine with signature large-format meals like BBQ Steak Fajitas, BBQ Chicken Nachos, specialty pork ribs, burritos, quesadillas, and more.
- Strong Takeaway & Delivery: Robust online presence and delivery service servicing the Wellington Point area.
- Operational Efficiency: Fully staffed with a skilled team, managed seamlessly with minimal owner involvement-only five hours of weekly administrative oversight required.
- Turnkey Fit-Out: High-quality, colorful decor, and premium kitchen equipment-cost to replicate today estimated at $150,000, saving significant capital for the new owner.
- Licensed and Family-Friendly: Features a dedicated children's menu, licensed Margarita Bar, and a versatile layout - including alfresco dining options-that enhance customer experience.
Growth Potential:
- Extend trading hours or introduce new promotions.
- Enhance marketing via social media platforms (Facebook & Instagram) to increase visibility.
- Expand menu options or introduce new offerings to attract broader audiences.
- Leverage the existing location and reputation to grow revenue further.
- Financial and Operational Details:
- Strong supplier relationships with consistent stock on hand (~$10,000).
- 3-year lease, currently halfway through.
- Fully equipped with POS systems (Apple iPads), docket printers, sound system, and essential kitchen appliances.
- Business is family-friendly, licensed, and operating as a predominantly staff-run operation.
Why Invest?
This is a rare opportunity to step into a thriving restaurant with a proven track record, a vibrant ambiance, and significant growth potential. Whether you're an experienced operator or looking to expand your portfolio, Rodeo Mexican Restaurant offers a fantastic foundation for continued success.
Price: $110,000 plus SAV
**Images used for illustration purposes only
Key facts
Details are as stated by the broker.
- Business type
- Takeaway
- Established
- 2011 (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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