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New Chinese Restaurant In Growth Corridor For Sale

Plainland, Queensland, Australia
Asking Price:
$495,000 + SAV (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Join a thriving Chinese restaurant group with five successful Golden Lor Restaurants and rapid expansion plans. These restaurants operate under a licensing agreement, eliminating the guesswork of opening a new establishment.

All the groundwork is complete: meticulously developed, tested, and proven menu and recipes, a strong brand with a loyal following, and established supplier relationships.

The newest restaurant is schedule to open in August 2024 and is part of a small development that has tenants such as McDonalds, The Coffee Club and Boating Camping and Fishing.

Situated on the Warrego Highway, 45 minutes west of Brisbane, Plainland is a popular pitstop with cafes and speciality stores for travellers.

We are seeking buyers who share the Golden Lor brand's passion for food, service, and culture and who are eager to grow with us.

Lease Details

10 year lease term with 1 x 10 year option Base rent $122,200 pa, 3% reviews with a 3 months deposit

Premises Details

Approx. 190 square metres. - Full commercial kitchen and store room. Outdoor seating area.

Opening Hours

Monday to Sunday 11:00 am to 2:30 pm and 4:00 pm to 9:00 pm

Opportunity

This is a great opportunity for people in the industry or wanting to get into the industry, to join a brand that has a great reputation and that has the menu, the suppliers and the locations in place.

Reduce the risk in opening a hospitality business and join a network of restaurants that provides training and mentoring.

**Weekly**

Rent $2,350