Established Sushi Restaurant with a Real Train on the Mooloolaba Esplanade

Preview Listing

Location Details :

Country

Australia

State

Queensland

City

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Industry :
Professional - Brokerage ; Professional - Internet ; Professional - Property/Real Estate ; Technology - Online Services ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Phone enquiries - please quote property ID 19990

A fantastic opportunity as this modern Japanese restaurant, sushi train, and take away comes up for sale for the first time since the owners opened in early 2011. It is the only sushi train on the esplanade and has minimal competition. In the 7 years it has been running, a strong local trade has been developed. The business relocated, just around the corner from the original premise almost 2 years ago and included a brand new custom shop fit out.

The business is family owned and run with the husband and wife team taking a step back in the last 2 years, only working minimal hours. It operates 7 days a week from 11am to 8pm but has great potential for increased opening hours and liquor licensing.

The restaurant is located in one of the Sunshine Coasts most popular tourist destinations and experiences busy holiday periods. Major events such as the Sunshine Coast Marathon, Iron Man Series, Mooloolaba Triathlon, and New Years Eve are also major draw cards that bring increased crowds to the direct area.

Current lease ends in November 2019 with favourable renewal conditions.

Supply of all recipes and full training for handover available on request.

This is a regrettable sale, but one that needs to happen fast as the owners are both heading into new career paths.

Only serious buyers need inquire.

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$180,000

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