Profitable Asian Restaurant For Sale In Adelaide Cbd

Profitable Asian restaurant for sale in Adelaide CBD
Price: $495,000 +$15,000(stock approximately)

Financial Information:
• Turnover: $1.6M in FY2021
• Profit for owner operator(PEBITDA): $523,000 in FY2021
• Profit for investor(EBITDA): $463,939 in FY2021
• Rent percentage: 10.86% in FY2021
• Long lease: 5+5+5
• Liquor licence for 100 seats
• Size: 242 m2

Business Information:

• Asian restaurant and take away
• Simplified recipe and easy to manage
• Highly profitable with solid figures and proven history
• Quick return to your investment
• Locate in the heart of Adelaide CBD, the best location in the busiest commercial food street with large foot traffic.
• Long established with 8 years history
• Long lease 5+5+5 with 14 years left
• Liquor licences for 100 people
• Generous 242 m2 with spacious commercial kitchen, all plant & equipment included
• Non franchise brand without franchise fee
• Owner will pass all the valuable recipes. A comprehensive hand over will be completed.
• Suit for one family or two business partners.
• Partially under management. Vendor is in charge paperwork for 5 hours per week.
• This is a rare opportunity in the hospitality industry


Please ring Yiling Tang now at XXXXXXXXXX or send an email to obtain further information. She is not only a sales person, but also a business valuer and business advisor. You will be benefit with the information you take away.

Contact:
Business Broker: Yiling Tang (Investing Australia Business Sales & Valuations)
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Wechat: yilingt44
Address: 33 Warwick Street, Walkerville SA 5081
Website: XXXXXXXXXX

SA 6 Monthly Awards 2019 (Ray White)
South Australia Business Broker of the Year 2018 (AIBB)
REISA Awards for Excellence Business Broker Finalist 2018
The Most Difficult Sale Award 2018 (Benchmark Division)
AIBB SA State Chairman Award 2015