LINK Business Brokers Australia

About this Business for sale in Toowoomba & District

 

Opportunities like this are rare! 

For Sale, Profitable Steakhouse in Toowoomba with Commercial Hotel Liquor Licence.

Previously listed at $60,000 + SAV we are now raising the ‘steaks’ and calling for Expressions of Interest, this must be the best opportunity in QLD?! 

The owner is open to all reasonable offers! That’s right – submit an offer. Name your best reasonable price today!

Continue as a steakhouse or convert to a restaurant of your choosing.

The current liquor licence allows for one attached bottle shop and the potential for 2 detached bottle shops.

With a locally-sourced menu, great location and old country charm fit-out, there is plenty of opportunity here to extend service and offerings to grow the business.

Highlights include:

– Fully licensed
– 130 Seats
– Currently closed Sunday and Monday, and trades evenings only Tuesday to Saturday
– Strong social media following
– $92,491 Adjusted Net Profit in 2021
– $85,125 Adjusted Net Profit for six months July to December 2021

Current owners will provide support during the handover period to ensure a smooth transition.

To discover more about this opportunity call Justin Reisinger on 0422 846 310 and complete an online confidentiality agreement at linkbusiness.com.au/BR01237 to receive a full business summary.

Business Broker: Justin Reisinger
Ref: BR01237
Mobile: +61 422 846 310
Email: justin.reisinger@linkbusiness.com.au

LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
 

 

 

 

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*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.

Listing: #BR01237
Price: Refer to broker
Profit*: $92,491
Sales Revenue: $476,853
South East Queensland, Toowoomba & District
Food/Hospitality, Restaurant
*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.

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You may also be interested in...

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