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Fully Managed Restaurant And Karaoke Bar For Sale

Box Hill, Victoria, Australia
Asking Price:
$299,000 (AUD)
Sales Revenue:
$1,300,000 (AUD)
Cash Flow:
Not applicable

For Sale

Well-established Restaurant and Karaoke Bar in Box Hill. Prime location on a busy commercial street with high volumes of foot and vehicle traffic for great visibility.

Amazing setup with a funky atmosphere, this is the restaurant with a point of difference.

Full commercial kitchen with charcoal setup for Chinese BBQ. The varied menu based on Chinese cuisine offers perfectly cooked, lamb skewers, chicken wings and grilled chicken. High profit and easy to operate, a great investment opportunity with solid potential to grow the business further!

7 days a week from 5 pm till midnight. Fully Licensed. Long lease 5x5x5 commenced 2021.

Setup is across 2 levels with 50 seats downstairs and 30 seats upstairs across 3 private rooms. High end Sonos sound throughout and great karaoke setup in the main room upstairs.

Private rooms are booked out every night.

* Prime busy location
* Large premises across 2 levels
* Taking $20,000-$25,00p/w
* 15 years long secure lease
* With full liquor license
* Fully under management
* Easy to operate
* High profit and Lots of potential

Ref: B14578

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 Commenced 2021

Location:

Well-established Restaurant and Karaoke Bar in Box Hill. Prime location on a busy commercial street with high volumes of foot and vehicle traffic for great visibility.

Premises Details:

Full commercial kitchen with charcoal setup for Chinese BBQ. The varied menu based on Chinese cuisine offers perfectly cooked, lamb skewers, chicken wings and grilled chicken. High profit and easy to operate, a great investment opportunity with solid potential to grow the business further!

Business Operation

Reasons for selling:

Other Business

Trading hours:

7 days a week from 5 pm till midnight

Employees:
Fully under management 4 FT Staff, 3 PT Staff
Years established:
11