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Established Restaurant In Cranbourne For Sale

Cranbourne, Victoria, Australia
Asking Price:
$250,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

Established Business for sale

Well established (over 5 years) prominent Malaysian /Indian/ Asian restaurant for sale in a prime location in Cranbourne.

# On average weekly takings $10,000-$12,500 with a significant capacity and potential for growth. The investment made will without fail yield within a year.

Key features include
⁃ Main Street frontage
⁃ Busy area with filled with local office staff
⁃ High foot traffic.
⁃ directly Opposite the main shopping centre.
⁃ Ample car parking, on street, private rear parking as well as a public parking of 100 cars.

#Operational specifications
Currently the business is fully operational with 5 staff. This would be ideal enterprise for as an owner operated business or a new venture for a husband wife team.

#Invesment Return
Currently the estimates take home pay is around $175,000-$200,000 per annum. There is significant potential to improve with an introduction of a breakfast option as we currently only open for lunch and dinner. (Some shifts - closed due to staff shortages)

#Growth Potential
Apart from Breakfast, additional ongoing growth is possible with an all-day coffee option.

#Customer base
The business has a very loyal customer base from the nearby suburbs. 80% of the current business obtained is takeaway. We are also very prominent on all the delivery platforms!

#Shop features
Fully equipped commercial kitchen with burners, woks, hot plates, Large cool room, freezer room, Shed for storage and many other kitchen equipment. Recently modified and fully operational from the starting date! Up to date modern decor to suit any style of restaurant.

# CHEAP RENT
Rent and outgoings amounts to $700 per week plus GST

#Security features
Security systems; CCTV system; Fully fenced; Sensor lighting

We are selling this little gem purely due to staff shortages. As we currently own several restaurants, we are unable to place requires staff for this restaurant.

Asking $250,000/- negotiable on price.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5X5X5

Leasehold Rent:

$37,500 (AUD) per annum

Location:

⁃ Main Street frontage
⁃ Busy area with filled with local office staff
⁃ High foot traffic.
⁃ directly Opposite the main shopping centre.
⁃ Ample car parking, on street, private rear parking as well as a public parking of 100 cars

Business Operation

Employees:
5
Years established:
5

Contact Seller

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