ABBASS Business Brokers

Highly Profitable & Established Business in Salamanca Market for Sale

$250,000
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Hobart
$250,000
Cafe's, Restaurants & Takeaway

About the Business

Summary:
A rare chance to acquire a highly profitable and well-established food business in one of Tasmania’s busiest and most iconic markets. Operating successfully for 17 years, this easy-to-run business delivers exceptional profits with minimal hours, perfect for an owner-operator or investor seeking a lifestyle-friendly opportunity.

About the Business:
This long-standing food business is located in the heart of Salamanca Market, benefiting from exceptional foot traffic and a loyal customer base. It generates over $250,000 in annual revenue and an impressive $200,000 net profit, while operating mainly on Saturdays with minimal weekday hours.

Key Features:

  • Prime location at Salamanca Market with consistent high foot traffic and visibility

  • Highly profitable with minimal overheads and strong financial performance

  • Well-known brand with a loyal customer base built over 17 years

  • Full handover and training provided to ensure a seamless transition

  • Flexible working hours with the potential to expand into other states due to its high demand

  • Growth potential by optimising website to boost online sales, or expanding the menu

  • The current owner is ready to hand over and will fully support the new owner during the transition

Reason for Sale:
Owner is retiring.

Location