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Fully Equipped Chinese Restaurant in Prime Area

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Price $89,000
Profit *

Refer to Broker

Sales Revenue

$936,000

Location Whittlesea, Mill Park
Category Food/Hospitality, Restaurant
Listing # ME03033
Jeremy Gao Headshot

Jeremy Gao

Business Broker

Melbourne

+61 3 9819 4211

+61 452 606 199

[email protected]

Mill Park Restaurant Business for Sale
Mill Park Restaurant Business for Sale

About this Business for sale in Mill Park

Currently on offer is a fully equipped Chinese restaurant in a prime location with high exposure on a busy main road. It has a spacious setup, featuring a commercial kitchen and ample seating for up to 160 customers at full capacity.

*$936,000 average annual takings
*Main road location
*Fully-fitted 500 sqm premises
*$350,000 set-up cost
*Adaptable fit-out
*120 seats inside and 40 outside

Jeremy Gao and the team at LINK Melbourne are thrilled to bring this thriving Chinese restaurant to the market.

The business is part of a successful franchise that has been operating since 2012. The franchise now has a solid footprint in the Melbourne area, establishing itself as a leading Chinese restaurant chain.

Ideally positioned on a busy main road, the business is surrounded by residential, office and industrial establishments, exposing it to diverse demographics. The premises are immaculately fitted with a setup investment of $350,000, making the current asking price approximately only a quarter of the business’s establishment cost. Additionally, it has an adaptable fit-out that can be transformed into a Korean BBQ place, Mexican restaurant or other food-serving theme.

It features a full commercial kitchen, a big cool room, a freezer and ample seating for 120 inside and 40 outside. Disruptions to operations are not expected due to the business being well-equipped to support current operations. 

The business is fully operated under management with two full-time, three part-time and three casual staff members. New owners may keep it under management or step into operations to drive growth.

To learn more about this exciting opportunity, contact me today!

Listing ID: ME03033
Broker: Jeremy Gao
Phone: 0452 606 199
Email: [email protected]

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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Jeremy Gao

Business Broker
Melbourne
+61 3 9819 4211
+61 452 606 199
[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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