Under Management - Large-Scale Food Venue Hospitality Opportunity - Southern NSW

Description

Business type: food and takeaway operation

Operating model: under full management

Sale structure: walk-in walk-out

Price: $1,000,000 plus stock

Business overview

This established food business has operated since 2000 and has built a strong local brand supported by a loyal base of repeat customers.

The operation is fully managed, with experienced staff and systems already in place. It may suit an owner seeking a managed investment or a buyer looking for a business that can be operated with limited day to day involvement.

Premises

Floor area: approximately 250sqm

Dine-in seating: approximately 50 customers

Fitout: premium and well maintained

Equipment: fully equipped and maintained

Additional capital expenditure: not currently required

Parking: abundant and free

Food offering

• Pizza
• Burgers
• Barbecued chicken
• Salads
• Coffee
• Seafood
• Dine-in meals
• Additional takeaway and food options

Operations

Management structure: fully managed

Managers: two experienced managers in place

Staffing: established team

Operating systems: established

Remote management: suitable

Customers and marketing

Customer base: loyal and established

Customer database: extensive

In-store customer data: established

Online customer data: established

SMS marketing potential: available

Digital marketing potential: available

Market position

Location: prime position

Foot traffic: consistent

Local competition: minimal within several kilometres

Market position: strong

Growth

• Increase revenue through targeted SMS campaigns
• Expand digital marketing activity
• Introduce catering services
• Develop group meal packages for local sports teams and events
• Expand delivery services
• Further develop online ordering
• Pursue the stated potential for sales growth of up to 10% with minimal operational changes

Sale

Walk-in walk-out basis: available

Stock: additional to the asking price

Asking price: $1,000,000 plus stock