*** UNDER CONTRACT ***
This is an exceptional opportunity to take over a well-established Vietnamese restaurant located in the heart of Adelaide city.
Seeking Genuine buyers, investors or chefs only.
This business ticks all the following boxes:
• High-exposure shop in premium location
• Surrounded by lots of residents, government offices, retail outlets and shopping malls
• Has been serving breakfast, brunch and late afternoon eatery for last 10 years
• Welcoming seating and dining areas with 50 seats inside and 15 outside
• Decent shop size with appx 100sqm, with fully-equipped kitchen
• Professional staff services and good customer reviews
• Long lease expires in 2027 with another 5 years renew
• A profitable business only asking for $270,000, with 2 years pay back period.
• With a turnover of over $1,050,000 in 2024 (only opening for 6 days per week without dinner) and plus one owner's annual net profit appx 10% of gross sale, this restaurant has remarkable value and potential to grow, if new owner operators can open dinners
• Besides, the Liquor License is a plus for formal meal or late night bar which will significantly increase the sales if put the Licence in use effectively.
The current owner is selling because he is devoting more time to his life style and family.
The vendor and the landlord require a statement of financial position provided by your accountant and a summary of your business experience to qualify your interest.
If you are interested in, please feel free to contact the following agent for more details.
James
[Phone Number Censored]
[Email Censored]
Wechat: deltabusiness-sa
Facebook: Jimmy zheng
Disclaimer:
While every care has been taken to verify the accuracy of the details in this advertisement/profile of business, Zendam Real Estate Group T/A Delta Business-Adelaide CBD cannot guarantee its correctness. Prospective buyers need to take necessary actions to satisfy themselves of any relevant matters.
Browse through the list of other high performing businesses for sale in Australia.
Inxpress shipping- freight- logistics franchise- huge growth potential- no experience required- limited areas available...
High-growth specialised cleaning franchise for sale – prime locations across australia – large exclusive territories – a...
A rare opportunity to acquire an established and well-known café/restaurant in the heart of glenelg's jetty road precinc...
Live your dreams in 2025 in a rural wonderland, just 60 minutes away from bustling adelaide cbd. support your family wit...
5 day city franchise coffee shop high profile cbd location $79,000+sav...
Quality mind ai | licensed practitioner opportunity | ai-powered behaviour change | australia-wide &global | fully onlin...
A trusted supplier of a specialist and unique range of mobility equipment including adjustable beds, lift chairs, mobili...
Established debt remedy licensing opportunity – four states available – nsw, wa, sa & nt – projected first-year income $...
An excellent opportunity is available to acquire this well-established asian grocery in mawson lakes. key features: ---...
Guaranteed profit (up to $5000 a month) - chem-dry carpet cleaning $10k+gst down...
The local guys carpet cleaning franchise for sale – prime territories across australia – ongoing support & training – hi...
Electrical test and tag franchise where you get paid well for your efforts! we have a turnover guarantee of $2,000 per w...
Electrical test and tag franchise where you get paid well for your efforts! we have a turnover guarantee of $2,000 per w...
Electrical test and tag franchise where you get paid well for your efforts! we have a turnover guarantee of $2,000 per ...
Pest control franchise where you get paid well for your efforts? a turnover guarantee of $2,000 per week! $39,900+ gst ...
We need more franchise partners asap! we offer an income guarantee of $2000 per week! $10,000 discount for next 10 new f...
5 dinners & 3 lunches city restaurant prime adelaide hospitality hotspot $285,000 + sav...
Just better care has been in operation since 2005, built on over 25 years in community care experience to become one of ...
Grab this rare opportunity, first time offered in south australia. be your own boss and build a valuable asset. become a...
Thriving gutter knight franchise for sale in south australia – high roi & growth potential...
5 day city health foods & healthy café $215,000 +sav ($80,000)...
Pound for pound, one of the best hospitality assets in the country....
Pound for pound, one of the best hospitality assets in the country....
Flagship scale, big screen, big upside qld opportunity...