Highly Profitable Asian Restaurant

Business For Sale Sydney NSW Region, New South Wales

Business Category Restaurant

$195,000

Description

Highly Profitable Asian Restaurant

Well established Asian restaurant with an exceptional reputation for authentic food.
• $1M revenue (FY21)
• $135K EBITDA (FY21)
• Strong growth trend for FY22
• Fully licensed
• Dine-in for 65, plus takeaway and delivery
• Currently 6 days per week
• Experienced qualified staff
• Strong social media reviews
• Loyal, returning customers
• High spend per order
• 1+5 year lease, and 20-year relationship with the landlord

Fully-licensed with seating capacity for 65, it is regularly booked out. Reliable profit is from higherthanindustry average spend per customer. Over its 20 years, including the COVID-19 pandemic period, the business demonstrates resilience with dine-in, takeaway, and delivery. Recent months have had the highest sales on record. Latest sales exceed historic levels!

Situated in a dense, affluent residential area, the restaurant is on a busy road, highly visible for drivers and pedestrians, with ample parking nearby.

Authentic dishes are produced in the fully equipped kitchen using fresh and natural ingredients. All recipes are included. POS stores details for regular customers and their preferences… important Know Your Customer (KYC)! Chef and wait staff are in place for the new owner. Everything is ready for a smooth and easy hand-over.

This is an exceptional opportunity for a new owner who wants to acquire a well-regarded, profitable business with identified growth potential.

Current owner is retiring, so contact me immediately to discuss your plans and this business.

Listing ID: NSW10085

Broker: Gary ReedPhone:  XXXXXXXXXX Email:  XXXXXXXXXX

To complete an online confidentiality agreement, visit this business and enquire now at  XXXXXXXXXX

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Hospitality, Restaurant, Licensed, BYO, Asian
Ref: NSW10085
Timestamp: XXXXXXXXXX 0110
Contact Seller

Bsale ID: 583209
Broker REF: NSW10085

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