Restaurants for Sale in Cleveland, QLD

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Restaurant

CLEVELAND, QLD

New

Attractive Waterfront Bar and Restaurant for Sale | Southeast Queensland

QLD

Food/hospitality · Restaurant

EOI Above $1,999,999 + Stock

BUSINESS SNAPSHOT- Stock Value: $60,000- ROI: 27% p/a- Earning Type: EBITDA- Years Trading: 19+- Net Profit: average $530,000- Rent is better than industry standards: 8.5% of annual revenue- Alfresco - Inside and Outside dining - Water viewsKEY DETAILS- Eclectic bar, restaurant and events centre- Functional layout- Relaxed, coastal venue- Excellent reviews- Under full management- Long lease- South-East Queensland - Coastal locationThis waterfront bar and restaurant for sale is attractive in more ways than one. Its not just good to look at. Its an appealing investment. Because you could earn your money back in the third year of ownership! And thats rare in hospitality.Under full management, this waterfront venue really pumps. Yet theres further room for growth. So express your interest now.Theres strong demand for quality food and beverage services in this coastal area. And by combining food, drinks, atmosphere and event services, this business meets the need for both everyday dining and special occasions. Theres an established customer base. A prime waterfront location. There are function and event capabilities. And theres potential for growth. All of which mean this business offers both immediate cash flow and long-term expansion opportunities. Altogether, a highly attractive acquisition.Interested to know more?Weve made it easySimply click on the Submit Confidentiality Agreement icon or Send Enquiry. Complete your contact details, sign and submit. The exclusive broker will be in touch. Hell be delighted to provide more information on this attractive waterfront bar and restaurant.FOR SALE: EOI Above $1,999,999 + StockContact the exclusive broker:Glenn IrvingBenchmark Business Sales & ValuationsM: 0402 754 641T: 1300 366 521If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6292 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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Red Rooster Cleveland

Cleveland, QLD, 4163

Food/hospitality · Restaurant

$150,000

Here is your chance to purchase an established Red Rooster Franchise in Brisbane's East.This long established coastal town business is centrally located in the City of Redland, Queensland*Red Rooster one of Australia's favourite & trusted brands with over 340 locations nationally and has a dynamic and high quality product range and is currently the fastest growing brand in the top 6 Quick Service Restaurant category. In 2020, Red Rooster introduced Crunchy Fried Chicken to the menu and the new offering has driven significant customer recruitment over the past 18 months, this in addition to new menu items, coupled with a refresh of the restaurant and an overall positive customer experience has also increased the frequency of existing customers visit the store. * Newly renovated front of house to latest brand Specifications* Favourable 10 year Lease in place with 2 x 5 year options* Located on busy corner site with excellent street access* Strong Sales year on year averaging around 29k per week* Easy to run location with hours to suit owners* 10 Year Franchise Agreement in place* Potentially a highly profitable business, especially to an owner operator* Experienced Management Team in place* No prior experience required* Full training and ongoing support provided by the Franchisor* Comprehensive national marketing program to deliver sales to your business* Recognised and respected franchise brands with over 340 stores nation wide * Trusted brands with a dynamic and high quality product range.* Bank Accreditation available with most major banksPriced at only 150k, this is an excellent opportunity to secure one of Australia's high profile, highly sought after Franchises. For more information, please contact our local Specialist Franchise Broker Rod Justin: rod.j@businessbrokersnetwork.com.au

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Restaurants for Sale in Cleveland, QLD

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