This is an excellent opportunity to acquire a well known, reputable Chinese restaurant, on the market for the first time in 20 years!
Located on a busy main road in Melbourne’s highly sought after south eastern suburbs, this business is a go-to dining destination for locals in the area, known for their tasty traditional food, friendly staff, and great service. With the high density residential location rapidly growing, you can expect takings to increase year on year!
The 150sqm premises has been well equipped and fitted including a full commercial kitchen, walk in coolroom and freezer, and seating for 65.
Key features include:
*Taking $12,000 per week
*Open 6 days per week for lunch and dinner, closed on Mondays
*Very high profits
*Huge growth potential through the introduction of delivery and catering services
*Affordable rent at $800 per week
*Secure 6 year lease in place
*Staff and customer parking available
*BYO liquor licence
For more information please contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
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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.