Licensed Upmarket & Spacious Chinese Restaurant Priced To Sell At $70000. Pba

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Caulfield North, Victoria 3161

$70,000

Key Features

AI generated. Contact seller to confirm.

Licensed upmarket and spacious Chinese restaurant
Seating capacity over 100
Creative Malaysian, Chinese and Japanese fusion cuisine
Trades Tuesday to Sunday; closed Mondays
Proven weekly takings evidenced by tax returns
Priced to sell $70,000 fixed plus SAV

Turnover: $23,000 to $25,000 per week
Net Profit: Not disclosed
Rent/Lease: $1320 per week + GST; Lease 1+3 years (longer available)
Stock Value: Not disclosed
Established: Over a decade

Business Details

Business Category Food Beverage Manufacturer Restaurant

Well known posh looking licensed Chinese restaurant located at Caulfield North.
Well supported in the areas and no near competition.
Cuisines are from a creative blend of Malaysian, Chinese and Japanese ingredients and herbs.
Trading 6 days and taking between $23000 to $25000 per week.
Trades from Tuesday to Sunday. Close on Monday.
Lunch 12 to 3 p.m except Tuesday and dinner 5.30 p.m to 10.30 p.m.
Seating capacity: 100+
Rent: $1320 per week+ GST
Lease: 1+3. Longer lease is available
Vendor is tired after over a decade in restaurant business.
Will provide tax return to genuine buyer showing takings exceed $20000 weekly.
Priced to sell at fixed price $70000 + SAV
Contact Agent Kenny on XXXXXXXXXX for further details.