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Asian Restaurant For Urgent Sale For Sale

Gold Coast, Queensland, Australia
Asking Price:
$35,000 (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$50K - $100K (AUD)

This well-established Asian restaurant has been operating for many years, with the current owner running the business for approximately 2.5 years.

The premises were originally established as a Noodle Box store, so the kitchen is fitted with good-quality commercial equipment, including a large exhaust system and four commercial wok burners. The setup is ideal for both takeaway and dine-in operations.

The current menu mainly includes beef noodle soup, fried rice, dumplings and bubble tea.

Located on a busy street corner in a high-traffic area of the Gold Coast, the shop enjoys excellent street exposure and strong pedestrian traffic. The premises could also suit a variety of other takeaway, casual dining or beverage concepts.

Business Details

  • Indoor area: 67m²
  • Indoor seating: 4 tables / 16 seats
  • Outdoor seating: 4 tables / 16 seats
  • Bubble tea accounts for approximately 20–30% of sales
  • Open 6 days per week
  • Trading hours: 11:00 AM – 8:00 PM
  • 3 delivery platforms already operating
  • Currently run by two owners, with no external staff wages
  • Weekly sales: approximately $6,000–$7,000

Lease Details

  • Weekly rent: $1,417 including Outgoings + GST
  • Annual rent increase: 4%
  • Lease remaining: approximately 6 months + 2-year option

Reason for Sale

The owners are relocating to another city and are seeking an urgent sale.

Asking Price: $35,000, excluding inventory.

The owners will provide recipes and training to assist the new buyer with a smooth handover.

Property Information

Real Estate:

Lease

Location:

prime high street location

Business Operation

Management type:
This business is owner operated.