Business Display

Mcgraths Hill, New South Wales

Lone Star Rib House Franchise – McGraths Hill

SOLD
Listing ID: 1651

BUSINESS DESCRIPTION

Bargain opportunity. No need to spend $500k on a new franchise with no income! Hit the ground running with this one. $100k profit in approx. 6 months last year.

Established in August 2017, located in the fast-growing North West of Sydney, close to a new residential development, which will bring around 13,000 more residents.
A new cinema complex coming soon. This is an outstanding Franchise opportunity.

-T/O $1 million  + a year
-Rent per month - $10,000 + GST, excellent lease in place until 2027
-444m2 leasehold restaurant, seating 240 customers across 2 levels, Plentiful parking
-Known for its Texas-style dishes, including ribs, steaks and burgers
-Currently part time owner operated/ part time management - (experienced staff member keen to step into full- time management if required.) One full-time cook, ten casual staff.
-Mon - Fri 5pm - 9pm, Sat & Sun 11.30am - 9pm
-Full training from Franchisor

Huge Scope for increased sales and profit via full time owner operator, serving lunch 7 days, untapped area for home delivery and breakfast.

Price: $88,000

BUSINESS FEATURES


Map Location ( get directions )

Mcgraths Hill, New South Wales