Highly Profitable & Established Business in Salamanca Market for Sale
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.
