Interstate investor secures Queensland Hungry Jack's restaurant for $6.1 million

Agents say the sale highlights how investors are finding the fast food sector attractive due to its steady expansion and profitability over the years, making it a dependable and stable business choice.

“Despite ongoing interest in smaller chains and independent operators, many investors still prefer to invest in established brands such as Hungry Jack’s,” Sam Polichronis of Colliers Queensland Executive Investment Services says.

“Private investors, self-managed super funds, interstate investors and those institutional-grade investors looking for secure investments have been actively driving the demand for these sorts of assets in recent years.”

Polichronis adds: “Essential service sectors play a crucial role in daily life and are more resilient to economic conditions, making them a less risky investment with a reliable income source and capital growth potential, making them a popular choice among investors.”

The Kallangur restaurant, which has been operating since 2012, sold to a client of Colliers Queensland who prefers to remain anonymous.

It is located on a busy street and neighbouring businesses include 7-Eleven, Ampol and ALDI.

“As one of the largest freestanding Hungry Jack’s in Queensland that is consistently exceeding turnover rent figures and has options until 2042, this offered a fantastic investment opportunity,” says Hunter Higgins, the National Director of Investment Services for Colliers Queensland.