LINK Business Brokers Australia

About this Business for sale in North Shore - Lower

Well established Asian restaurant with an exceptional reputation for authentic food.

  • $1M revenue (FY21)
  • $135K EBITDA (FY21)
  • Strong growth trend for FY22
  • Fully licensed
  • Dine-in for 65, plus takeaway and delivery
  • Currently 6 days per week
  • Experienced qualified staff
  • Strong social media reviews
  • Loyal, returning customers
  • High spend per order
  • 1+5 year lease, and 20-year relationship with the landlord

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

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*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.

Listing: #NSW10085
Price: $195,000
Profit*: $135,000
Sales Revenue: $1,000,000
Sydney Region, North Shore - Lower
Food/Hospitality, Restaurant
*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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You may also be interested in...

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