Padbury, Western Australia 6025
$160,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Well-established Chinese restaurant
- Operated by the same owner for 38 years
- Generates a net profit of over $160,000 annually
- Fully equipped high-capacity kitchen
- Brand-new 5-year lease offered by the seller
- Opportunity to expand or change the menu
- Turnover: Not disclosed
- Net Profit: $160,000
- Rent/Lease: Lease in place
- Stock Value: Included
- Established: 38 years
Business Details
Business Category Cafe Catering Restaurant Takeaway
An incredible opportunity awaits to take over a well-established Chinese restaurant located North of the River in Perth. This business has been successfully operated by the same dedicated owner for the past 38 years and is now available for the first time due to retirement.
🔹 Strong Profitability
The restaurant generates a net profit of over $160,000 annually, offering a secure investment for an experienced operator or family-run team.
🔹 Fully Equipped, High-Capacity Kitchen
The business comes with a massive commercial kitchen, including a walk-in cool room and walk-in freezer with a new compressor valued at over $15,000. This versatile setup provides the perfect platform to expand or change the menu to suit Vietnamese, Japanese, or any other cuisine.
🔹 Attractive Lease Terms
The seller, who is also the landlord, is offering a brand-new 5-year lease to the incoming buyer, ensuring long-term security and stability.
This is a rare chance to acquire a reputable, profitable, and well-equipped hospitality business with deep roots in the local community. Whether you continue with the current concept or bring a fresh new vision, the foundation is already in place for your success.
📞 Enquire today – opportunities like this with nearly four decades of goodwill don't come often!
Bowen - Your local Business broker in Perth
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