Price
$99,000
Profit *
Refer to Broker
Sales Revenue
$850,000
Location
Manningham City, Templestowe Lower
Category
Food/Hospitality, Restaurant
Listing #
ME03207
Profitable Licensed Chinese Restaurant – Prime North Eastern Suburb
Well-established 68-seater licensed Chinese restaurant situated in a high-demand north-eastern suburb of Melbourne. Ideally positioned in a bustling shopping complex alongside a major supermarket, bank, and a variety of other thriving retailers. Strong weekly takings of $14,000 to $18,000 with just six days of operation (closed Mondays). Generous 140 sqm premises with a fully equipped commercial kitchen. Long 17-year lease in place for long-term security. A fantastic opportunity for owner-operators or investors — easily adaptable to any cuisine. Don’t miss out on this rare find!
Listing ID: ME03207
Broker: Sanjay Agrawal
Phone: 0402 023 502
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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*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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