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Food Related Businesses in Parkdale Melbourne VIC

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Asian Restaurant For Sale In South East

Location:Parkdale, Melbourne, Victoria

Category:Food, Takeaway Food, Cafe and Coffee Shop

Asking Price:$99,000 + SAV

99000

  • Sales revenue : $8,000 pw
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Asian Restaurant For Sale In South East
  • Asian Restaurant For Sale In South East
  • Asian Restaurant For Sale In South East
  • Asian Restaurant For Sale In South East

Business description

Business key points:

- Takings over $8,000 pw

- Full Liquor License

- Full commercial kitchen with walk in cool room

- Operates only 6 evenings per week

- 50 seats inside and outside

- Same owner for 7 years

- Good reputation and Loyal customer base

- Huge opportunity to extend the hours to include lunch

- Good upmarket area, busy retail strip

This beautiful Asian Restaurant is located on a busy street amongst many supporting businesses.

The Kitchen is well equipped with 3 wok stations, deep fryer, stovetop deep freezer and walk in cool room and more.

There is nice large back yard that could well be converted into a beautiful courtyard.

Current seating is approximately 50 with potential to increase this if the buyer wants to use potential courtyard out back. The restaurant has a full liquor license

There is still ample room for an owner/operator to take this business to a next level.

Call Phil Booysen NOW on [Phone Number Censored] to inspect this restaurant.

Other Information

  • Is Business Relocatable?: no
  • Is Business Home Based?: no
  • Real Estate: Busy retail strip in upmarket area
  • Expansion: Opportunity exist to increase operating hours and utilize the back courtyard area Addition of service like delivery and catering Opportunity exist to increase operating hours and utilize the back courtyard area Addition of service like delivery and catering
  • Years Established: This business is established for 12 years. 7 with the current owner
  • Employees: 1 full time owners 5-6 casual staff
  • Trading Hours: 6 Days (Evenings only) Wed –Sun 5pm till Late
  • Support Training: Can be provided
  • Reason For Selling: Retirement
  • Lease Terms: New lease available $3,400 rent PCM
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