Riverway Snack Bar – Townsville

AU$200,000
June 27, 2024

Description

Discover Riverway Snack Bar, a beloved fish, chips, and burger shop with a rich history spanning over 40 years. For the past decade, the current owners have nurtured and grown this establishment, creating a large, loyal customer base.

Nestled in a prime location on the bustling Riverway Drive, this business enjoys exceptional visibility and accessibility. Located at Shop 3, 981 Riverway Drive, Rasmussen, the snack bar benefits from a high-traffic corner spot within a small complex. Ample parking options are available both at the front and rear, ensuring convenience for all customers.

The surrounding area is a thriving hub with a variety of complementary businesses, including Riverway Meats, Riverview Snack Bar, Lakeview Chinese Takeaway, Gumvale Store, Riverway Pharmacy, and Baked by Maree. This diverse mix of neighbouring shops enhances foot traffic and provides excellent synergy for the snack bar.

Renowned for its quality takeaway menu and delectable pizzas, Riverway Snack Bar has become a local favourite. The husband-and-wife team behind this successful venture proudly report an impressive net profit of $160,000. They manage the full-time operations together, supported by a dedicated part-time employee who has been with the business for nine years, working Wednesday and Friday nights.

The current operating hours are:

  • Monday: Closed
  • Tuesday: 4 pm – 8 pm
  • Wednesday to Sunday: 11 am – 2 pm; 4 pm – 8 pm

As the owners are looking forward to retirement, a unique opportunity arises for a new owner to build on their success and take the Riverway Snack Bar to even greater heights. This is your opportunity to own a thriving, profitable, well-loved business in an unbeatable location.

Why You Should Buy Riverway Snack Bar

  • Established Reputation: Over 40 years of serving high-quality fish, chips, burgers, and pizzas.
  • Loyal Customer Base: Strong, loyal following developed over the past decade.
  • Prime Location: Situated on busy Riverway Drive with high traffic and visibility.
  • Convenient Parking: Ample customer parking available at both the front and rear.
  • Profitable Operation: Generates a net profit of $160,000 with efficient operations.
  • Supportive Team: Includes a dedicated part-time employee with 9 years of experience.
  • Complementary Neighbours: Located near popular businesses that drive additional foot traffic.
  • Turnkey Opportunity: Well-established business ready for a new owner to continue its success.

Business Price
Riverway Snack Bar is being sold for $200,000 plus stock at valuation.

Confidentiality Agreement
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement.

Business Broker
Susan Butler – 0419 905 463
susan@beyond2000.com.au
www.beyond2000.com.au