Secure a fitted-out restaurant site in one of Adelaide's best-known dining precincts - with the business already trading and profitable.
The premises
Leasehold restaurant of approximately 40 seats in the Chinatown precinct, beside a very large Chinese supermarket and close to the Central Market. Fully equipped commercial kitchen with a high-pressure wok burner, six- and eight-burner gas stoves, dough and meat preparation equipment and eight refrigeration units. Freshly repainted in December 2025, with a flexible layout.
The lease
Term to 30 November 2030. Base rent $61,500 + GST, stepping to $63,000 + GST from 1 December 2026, then fixed 4% annual increases - a known rent path for more than four years. Assignment subject to landlord consent.
The business
Established Shaanxi-style noodle house trading six days, lunch and dinner. FY2026 sales of $567,000 at a 68.8% gross margin, with net profit up 45%. Both owners work in the business and are paid through the payroll, giving owner earnings of about $194,000 for a working couple (about $111,000 for one working owner). Most orders come through the business's own OrderBuddy online ordering, plus HungryPanda and Fantuan; Uber Eats and DoorDash are still to be switched on.
Selling for health reasons, with full handover. Asking $200,000 + stock at valuation.
Enquiries: Shweta Sharma, [Phone Number Censored], [Email Censored] Confidentiality agreement required before the Information Memorandum is released.
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