Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Mill Park
- State
- Victoria
- Price
- $89,000
- Category
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Fully Equipped Chinese Restaurant in Prime Area
$89,000
Mill Park, Victoria
Fully Equipped Chinese Restaurant in Prime Area
Currently on offer is a fully equipped Chinese restaurant in a prime location with high exposure on a busy main road. It has a spacious setup, featuring a commercial kitchen and ample seating for up to 160 customers at full capacity.*$936,000 average annual takings
*Main road location
*Fully-fitted 500 sqm premises
*$350,000 set-up cost
*Adaptable fit-out
*120 seats inside and 40 outside
Jeremy Gao and the team at LINK Melbourne are thrilled to bring this thriving Chinese restaurant to the market.
The business is part of a successful franchise that has been operating since 2012. The franchise now has a solid footprint in the Melbourne area, establishing itself as a leading Chinese restaurant chain.
Ideally positioned on a busy main road, the business is surrounded by residential, office and industrial establishments, exposing it to diverse demographics. The premises are immaculately fitted with a setup investment of $350,000, making the current asking price approximately only a quarter of the business’s establishment cost. Additionally, it has an adaptable fit-out that can be transformed into a Korean BBQ place, Mexican restaurant or other food-serving theme.
It features a full commercial kitchen, a big cool room, a freezer and ample seating for 120 inside and 40 outside. Disruptions to operations are not expected due to the business being well-equipped to support current operations.
The business is fully operated under management with two full-time, three part-time and three casual staff members. New owners may keep it under management or step into operations to drive growth.
To learn more about this exciting opportunity, contact me today!
Listing ID: ME03033
Broker: Jeremy Gao
Phone: 0452 606 199
Email: jeremy.gao@linkbusiness.com.au
Ref: ME03033
Timestamp: 20240918013003
Business Links / Tools
Last updated: 18th September 2024
Agency
LINK Melbourne / Tasmania
Contact
Jeremy Gao
LINK Melbourne / Tasmania- +61 3....
- +61 45....
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