First Time in Decade: Landmark Waterfront Japanese Business

Price

Refer to Broker

Profit *

Refer to Broker

Sales Revenue

$2,400,000

Location

Hobart - Greater Area, Hobart

Category

Food/Hospitality, Restaurant

Listing #

NSW12284

Hobart Restaurant Business for Sale
Hobart Restaurant Business for Sale Slide 2
Hobart Restaurant Business for Sale
Hobart Restaurant Business for Sale Slide 2 Thumbnail

About this Business for sale in Hobart - Greater Area, Hobart

For the first time in over a decade, a rare opportunity to acquire a highly profitable, owner independent Japanese cuisine business in one of Tasmania's premier waterfront locations. Celebrated for a unique signature product and a fiercely loyal following, the business runs day to day under an experienced management team and is offered to qualified buyers by Expressions of Interest.

Highlights:

  • Strong financials: approximately $2.4m in annual sales at around 72% gross margin
  • Genuinely owner independent, run by a long tenured management team with no owner on-site
  • A unique, rare signature product that competitors cannot source through conventional supply
  • Deeply loyal customer base, with approximately 85% repeat custom built on word of mouth
  • Secured 15 year lease on a high footfall, premium waterfront site
  • Diversified revenue across dine-in, takeaway and delivery
  • Highly systemised and scalable: proven systems, design, quality and intellectual property, with the potential to replicate the concept nationally and internationally
  • Strong industry tailwinds and multiple clear growth levers

Sale terms:
Offered by Expressions of Interest. Business (asset) sale, 100% cash at completion. A comprehensive Information Memorandum is available to qualified parties on signing a Confidentiality Deed.

Enquiries (in strict confidence):

Broker: Farzin or Megan
Phone: 0401 009 469 (Farzin) | 0406 482 253 (Megan)
Email: [email protected]

Broker: Aaron Windsor
Phone: 0419 354 412
Email: [email protected]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Email Alerts

Want to know what's for sale?

Register your details and receive priority email notifications about businesses for sale that meet your preferred price range, location or industry.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.