Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
Well established Asian restaurant with an exceptional reputation for authentic food.
Fully-licensed with seating capacity for 65, it is regularly booked out. Reliable profit is from higher‑than‑industry average spend per customer. Over its 20 years, including the COVID-19 pandemic period, the business demonstrates resilience with dine-in, takeaway, and delivery. Recent months have had the highest sales on record. Latest sales exceed historic levels!
Situated in a dense, affluent residential area, the restaurant is on a busy road, highly visible for drivers and pedestrians, with ample parking nearby.
Authentic dishes are produced in the fully equipped kitchen using fresh and natural ingredients. All recipes are included. POS stores details for regular customers and their preferences… important Know Your Customer (KYC)! Chef and wait staff are in place for the new owner. Everything is ready for a smooth and easy hand-over.
This is an exceptional opportunity for a new owner who wants to acquire a well-regarded, profitable business with identified growth potential.
Current owner is retiring, so contact me immediately to discuss your plans and this business.
Listing ID: NSW10085
Broker: Gary Reed
Phone: +61 413 900 091
Email: gary.reed@linkbusiness.com.au
To complete an online confidentiality agreement, visit this business and enquire now at https://www.linkbusiness.com.au/businesses-for-sale/ca/NSW10085
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Keywords: Hospitality, Restaurant, Licensed, BYO, Asian
*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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