Ref: 1777
Low Rent | Delivery Ready (4 Platforms) | Evening Trade | Only $40,000 + Inventory
A great chance to take over a Asian restaurant in Surfers Paradise, one of the Gold Coast’s busiest areas. The business has a 7-year history, with the current owner operating for 3.5 years. It’s set up for evening-only trading, has 4 delivery platforms already running, and is currently operated by 2 family members.
You can also change the menu to your own concept and adjust trading hours to suit your style.
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Restaurant Overview
- Location: Surfers Paradise, Gold Coast
- Established: 7 years
- Current owner: 3.5 years
- Floor area: approx. 80 sqm
- Seating: 8 indoor tables + 2 outdoor tables
- Operated by: 2 family members
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Turnover & Profit
- Weekly turnover: approx. $8,000
- Annual net profit: over $100,000 (includes family wages, as stated)
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Trading Hours
- Open 6 nights per week
- Hours: 5:00pm – 10:00pm
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Delivery
* Listed on 4 delivery platforms
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Rent & Lease
- Rent: $1,615/week (includes GST + outgoings + water, as stated)
- Rent increase: 3% per year
- Lease remaining: approx. 6 months
- Seller can assist with lease renewal, or buyer can re-sign with landlord at transfer (as stated)
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Costs
- Weekly stock cost: approx. $400
- Electricity: approx. $500/month
- Garbage fee: none
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Inventory
* Inventory value: approx. $3,000 (additional)
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Reason for Sale
Urgent sale due to health reasons.
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Asking Price
$40,000 + inventory
Ref: 1777
