RASHAYS Restaurant Loganholme Brisbane! $400k return to working owner operator! Brilliant Location!

RASHAYS Restaurant Loganholme Brisbane! $400k return to working owner operator! Brilliant Location!

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Location Details :

Country

Australia

State

Queensland

City

--


Industry :
Food/Hospitality - Restaurant ; Food/Hospitality - Supermarket ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

RASHAYS® currently has 32 locations across NSW, VIC & QLD, feeding over 60,000 customers per week who have grown to love their unique concept.

You will find RASHAYS serving up great food in a relaxed dining atmosphere. They have been giving the people of Australia exceptional casual dining experiences for more than two decades, earning a reputation for trust, quality, affordability and enjoyment.

Logan Hyperdome Shopping Centre is situated in Loganholme. It is the largest shopping centre in Logan City and one of the largest single storey shopping centres in Australia.
Event Cinemas operate a cinema complex within the centre, situated within eyesight of RASHAYS Loganholme.


Features of RASHAYS Loganholme include:

Large Restaurant and alfresco eating area boasting45 Tables 130 Chairs Inside and 14 Tables 50 Chairs Outside

Long Lease - expires 2032

Rent is $17,854 / month + GST.
Outgoings $5,090 / month + GST
Promotion Fund 5% of Rent (Capped at $10,000)

Approx 4 months Rental Bond is required

Established June 2021

Great and recent fit-out, including kitchen and bar

Franchise Fees 12% of Turnover (Includes Marketing)

Franchise Entry Costs - Included in asking price and includes training

Trading Hours Daily 8.00am 11.00pm

Turnover 2023/2022 was well in excess of $3,000,000

Low 3rd Party Deliveries. 5.2% of turnover. Potential to grow the business if desired!

Well trained staff comprising 3 Supervisors Front, 3 Supervisors Back / Kitchen, Casuals (varies)

Staffing The store is currently run by Supervisors with occasion input from the out-of-town owner. However, it is more suited to an owner operator who should realize great returns for their efforts.

Out of town owner working approx 15 hours per week in the restaurant


The Owner resides interstate. Distance to travel to travel is the primary reason for the sale

Return to an owner operator was in the vicinity of $400,000 EBITDA FY2023

Price is $950,000 + SAV (Estimate $35,000) and includes franchisors entry costs. Negotiable

For more information, please contact:

Reg Butler

0438 189 657

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Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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