Strategically Located Japanese Takeaway For Sale

This well-established Japanese takeaway is located in North Melbourne opposite a busy shopping centre. It operates in a modern 120sqm space and derives an average weekly turnover of $14,000, equating to approximately $728,000 annually.

*Secured 12-year lease
*Rent at just $1,346 per week
*Weekly takings of $14,000
*Prime location in front of a shopping centre
*Easy-to-manage business model
*High-quality fit-out valued at $450,000

On offer is a well-established Japanese takeaway located in North Melbourne, opposite a busy shopping centre. The business operates in a 120sqm space with a modern fit-out, reflecting a significant investment. With an average weekly turnover of $14,000, this equates to approximately $728,000 annually, demonstrating strong financial performance.

The takeaway specialises in sushi, deriving Uber sales of $2,500 to $3,000 and counter sales of $7,500. Given the existing gas connections, it could expand its menu by adding hot food options. Currently, the business is managed by one full-time staff member, along with two part-time and two casual staff members, ensuring efficient service during trading hours.

The lease is favourable, with a term of 3+3+3 years that commenced on 15 January 2023. Rent is competitively priced at $1,346 per week, with additional outgoings, including council fees, water and other expenses, totalling around $1,437 per month.

Strategically situated in a mixed zone, the business benefits from a diverse customer base, including local schools, offices and factories. This creates a diverse customer base. The business trades seven days a week from 8:00 am to 8:00 pm, having significant foot traffic and visibility, which enhances its growth potential.

Listing ID: ME03079
Broker: Jeremy Gao
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03079
Timestamp: XXXXXXXXXX 0002