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Well Known, Reputable Chinese Restaurant & Takeaway. $440,000 (16197)

$440,000

St Kilda, Victoria

Well Known, Reputable Chinese Restaurant & Takeaway. $440,000 (16197)

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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Features

Business Snapshot

  • Price: $440,000
  • Net Profit: $3,500
  • Lease Options: 5+5 (commenced 2017)

Business Links / Tools

Last updated: 12th March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 St Kilda
State
 Victoria
Price
$440,000
Category
  • Restaurant
  • Takeaway Food

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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