Prime Location Asian Restaurant Business For Sale

Seaford, Victoria 3198

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Prime location on busy street
  • Fully renovated 12 months ago
  • Large commercial kitchen and liquor license
  • Seating for 45 customers
  • Long lease with low rent
  • Potential for delivery services
  • Turnover: $8000-11000 per week
  • Net Profit: Not disclosed
  • Rent/Lease: Lease in place
  • Stock Value: Included
  • Established: 1 year

Business Details

Business Category Restaurant Takeaway

Make an offer vendor is not well and needs to sell!
This bright, profitable Asian restaurant business for sale offers a prime location on a very busy street in Seaford. With a high exposure location and easy access to public transport, there is plenty of parking for customers. One of the cheapest rents in the area!

Established for only 1 year vendor has had health issues and can no longer continue to run the business, this fantastic business turns over $8,000-$11,000 per week operating short evening hours only from Tuesday to Sunday, 5:30 pm - 9 pm

This business was fully renovated only 12 months ago and the vendor spent just under $200K including a brand new grease trap and a new kitchen. Large fully equipped full commercial kitchen and liquor license until 11 pm. Seating for 25 inside and 20 outside under cover.

Well-staffed, the current vendor works when he can due to his health, so this could remain a part-time investment for extra income, or run it full time and make the most of the profits.

Long lease of 5x5x5 began in 2021 and rent of $550 per week for a high exposure location & spacious premises.

Plenty of potential for further growth by adding delivery through Uber Eats & the like, but regardless make money from day one!

For further information please contact Senior Business Broker Petros Margaritis on XXXXXXXXXX .

Ref: B14222

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Petros Margaritis

Bsale ID: 584120