For Sale – Established Food Business | Randwick

FOR SALE – ESTABLISHED FOOD BUSINESS | RANDWICK

Asking Price: $75,000 + SAV

An excellent opportunity to acquire an established and fully equipped food business in a prime Eastern Suburbs location at an attractive entry price.

Currently operating as a popular Vietnamese takeaway, the business enjoys a prominent street-front position servicing the Randwick, UNSW and hospital precinct.

Continue the existing operation or potentially introduce your own food concept, subject to landlord and relevant approvals.

BUSINESS HIGHLIGHTS

- Asking price $75,000 + SAV

- Average weekly sales approximately $8,000–$9,000

- Fully fitted commercial kitchen

- High-exposure street-front location

- New 5-year lease

- Established repeat customer base

- Simple operation with low staffing requirements

- Genuine retirement sale

PRIME RANDWICK LOCATION

Surrounded by major customer generators including:

- UNSW

- Prince of Wales Hospital

- Sydney Children's Hospital

- Medical centres and healthcare professionals

- Residential apartments

- Retail and dining precincts

- Light Rail and major bus routes

The diverse catchment provides consistent trade from students, healthcare workers, local residents and professionals.

SUITABLE FOR

Existing Food Operators – Add another location without the cost of a complete new fit-out.

Couples or Family Operators – Hands-on owners can potentially reduce staffing costs and improve returns.

First-Time Buyers – Step into an established operation with equipment, customers and premises already in place.

New Food Concepts – Opportunity to introduce another takeaway or food concept, subject to approvals.

GROWTH OPPORTUNITIES

- Open Sundays and extend trading hours

- Introduce breakfast and coffee

- Expand catering to hospitals, offices and UNSW

- Grow Uber Eats, DoorDash and Menulog sales

- Refresh or expand the existing menu

The lease permits trading from 6:00am to midnight, 7 days a week, providing significant flexibility for a new operator.

GENUINE RETIREMENT SALE

After many successful years, the owner has decided to retire.

At just $75,000 + SAV, this is an affordable opportunity to acquire an established food business in a busy education, medical and residential precinct.

Enquire today for further information or to arrange a confidential inspection.

Contact:
Hank Chu
Sinosmart Business Brokering

Property Code: 258