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Food & Hospitality Businesses for Sale in Glenelg, SA

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Food/Hospitality
GLENELG, SA
New
EXCEPTIONAL RESTAURANTS. ONE OUTSTANDING INVESTMENT
SA
Food/hospitality · Restaurant
Contact Broker
OPPORTUNITY.FOR SALE INDIVIDUALLY OR AS A COMBINED ACQUISITIONA rare opportunity to acquire two highly regarded, established hospitality businesses, each with a strong trading history, loyal customer following and proven financial performance.These well-presented venues offer an attractive combination of quality dining, strong hospitality concepts and established operations, making them compelling opportunities for experienced restaurateurs, investors or hospitality groups.VENUE 1 ESTABLISHED PREMIUM RESTAURANTEstablished: 1990sA highly established restaurant with decades of trading history and a strong reputation for quality food, service and customer experience.Highlights include:Long-standing and successful operationEstablished customer followingStrong reputation and repeat clienteleAttractive dining environmentProven functions and events potentialFully equipped and operationalExperienced team and established systemsFY2023 Financial PerformanceSales Revenue: $2,715,199Net Profit Before Tax: $318,966Normalised EBITDA: $374,682Gross Profit Margin: 66.34%VENUE 2 MODERN FOOD & BEVERAGE VENUEEstablished: 2021A sophisticated and well-established hospitality concept offering an engaging food and beverage experience, complemented by an attractive atmosphere and strong customer appeal.Highlights include:Contemporary hospitality conceptStrong food and beverage offeringEstablished customer baseAttractive presentation and fit-outMultiple revenue opportunitiesRegular customer engagement initiativesFully operational and turnkeyFY2023 Financial PerformanceSales Revenue: $1,417,332Gross Profit: $1,001,618Net Profit Before Tax: $267,826Adjusted EBITDA: $302,331Gross Margin: Approximately 70.6%WHY CONSIDER THIS OPPORTUNITY?Two Quality Hospitality Businesses with established market positionsProven Profitability with substantial historical revenueEstablished Customer Following and repeat businessPremium Presentation and fully equipped operationsTurnkey Investment with established systems and infrastructureFlexible Acquisition Structure purchase individually or acquire bothFurther Growth Potential under new ownershipFOR SALE: Contact BrokerContact the exclusive broker:Manish TripathiBenchmark Business Sales & ValuationsM: 0432 407 568If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6163 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations
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