STOP FALLING FOR "UNDER MANAGEMENT" FAIRYTALES.
Most hospitality listings claiming to be "under management" are nonsense.
What they really mean is:
the owner is still plugging holes, covering shifts, fixing the kitchen, managing staff drama, and working 50 unpaid hours a week to hold it together.
This is not that.
This is a genuine under-management hospitality business with BAS-verified turnover, documented systems, trained staff, and real profit.
Asking Price: $330,000 + SAV
SAV approx. $10,000
Why this one is different
This is a modern Asian, daytime-led venue that is already operating with structure.
Not chaos.
Not owner dependency.
Not smoke and mirrors.
Current operating model includes:
Floor supervisor running day-to-day service
Three trained chefs covering the menu
Documented recipes and systems
Kitchen operation not reliant on owner presence
So if you are thinking:
"Looks great... but I'm not a chef."
Perfect.
You do not need to be.
This is not a business where the buyer has to stand on the pans and hold the whole thing together.
Your role is oversight:
team, KPIs, suppliers, compliance, admin, and growth.
That is exactly what makes this opportunity so rare.
The numbers that matter
Turnover: $890,000-$920,000 [Web Link Censored].
Verified by BAS
Weekly Sales: Approx. $17,800 incl. GST
Under-Management Net Profit: Approx. $154,000 [Web Link Censored].
Owner-Operator Net Profit: Approx. $225,000 [Web Link Censored].
Read that again.
$225,000 in owner-operator profit for a $330,000 purchase price.
That kind of multiple is almost unheard of in hospitality when the numbers are real.
Rent: Approx. $900 + GST per week
That is only around 5.76% of turnover
Trading: 7 days daytime + 1 dinner service per week
Lease: Secure term through to September 2029 + option to 2034
The upside is real, but not required
This is not one of those listings where the whole valuation depends on fantasy.
You do not need to reinvent the business to make it stack up.
It already works.
You can keep it under management and continue operating as-is.
Or, if you want to push it further, there is clear upside through:
more dinner services
catering growth
tighter systems
procurement improvements
Confidential sale process
Business name and exact location are withheld.
Full IM and inspection details are provided to qualified buyers after signing a confidentiality agreement.
If you want a business that is actually under management, actually profitable, and actually defensible at the asking price, this is the one to look at.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
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