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Refer to Broker
$1,040,000
This is an excellent opportunity for anyone looking to get into the Hospitality industry with no experience required. The large 180sqm premises is fully equipped and fitted including a full commercial kitchen, seating for 100 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 on a busy shopping strip in the heart of St Kilda, a thriving tourist destination, the restaurant holds excellent street exposure, and is in a very high foot traffic position.
Key features:
*Taking $20,000 per week
*Open 7 days per week, lunch and dinner
*Reasonable rent at $2,311 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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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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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