Redland Bay is a township some 35 km south-east of
Brisbane. In the
2011 census, Redland Bay recorded a population of 13,624 people.
Redland Bay has remained a farming and fishing-based area until the mid-20th century when some of the farms were subdivided and improved
transport infrastructure made it possible for residents.
The township has long been the port for vessels plying the bay islands including,
Lamb Island and
North Stradbroke Island, home to several thousand residents enjoying an
idyllic, sub-tropical lifestyle.
The Franchise is situated on a small roadside shopping centre on Broadwater Terrace, with great roadside exposure.
The fit-out is current until late 2020 and well maintained
Staffing consists of Manager + 10 casual employees
Owners hours are Nil (The store is primarily run under management)
Based on the FY2018 result, the potential return was in the vicinity of $85,000 EBITDA to a fulltime owner operator
Full financials available