LINK Business Brokers Australia

About this Business for sale in Melbourne

This is an excellent opportunity for anyone looking to get into the Hospitality industry with no experience required. The large 200sqm premises is fully equipped and fitted including a full commercial kitchen, seating for 120 customers, and includes an 11pm liquor license. The brand name is extremely well known and popular, simple to run, and with all systems and processes already in place is perfect for a first time operator.

Located in the very heart of the shopping and dining precinct of Richmond, the restaurant holds excellent street exposure, and is in a very high foot traffic position.

Key features:

*Taking $42,000 per week
*Open 7 days per week, lunch and dinner
*Reasonable rent at $1,919 per week
*Great long lease in place
*Dumplings and sauces supplied and delivered to the restaurant from a central kitchen
*Easy to operate
*11pm Liquor license
*Low cost of goods & high profit margins
*Full training provided

For more information please contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
Email: jeremy.gao@linkbusiness.com.au

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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: #ME01688
Price: $1,100,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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...

Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)

Melbourne
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Food/Hospitality

Stunning Cafe Oasis in the Heart of Richmond $189,000 (16652)

Melbourne
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Antepia Sweets and Cafe $148,000 (16656)

Melbourne
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