Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Prime Location Asian Restaurant Business In Seaford For Sale

Seaford, Victoria, Australia
Asking Price:
$159,000 (AUD)
Sales Revenue:
$468,000 (AUD)
Cash Flow:
Available on request

This bright, profitable Asian restaurant business for sale offers a prime location on a very busy street in Seaford. With a high exposure location and easy access to public transport, there is plenty of parking for customers. One of the cheapest rents in the area!

Established for only 1 year vendor has had health issues and can no longer continue to run the business, this fantastic business turns over $8,000-$11,000 per week operating short evening hours only from Tuesday to Sunday, 5:30 pm - 9 pm

This business was fully renovated only 12 months ago and the vendor spent just under $200K including a brand new grease trap and a new kitchen. Large fully equipped full commercial kitchen and liquor license until 11 pm. Seating for 25 inside and 20 outside under cover.

Well-staffed, the current vendor works when he can due to his health, so this could remain a part-time investment for extra income, or run it full time and make the most of the profits.

Long lease of 5x5x5 began in 2021 and rent of $550 per week for a high exposure location & spacious premises.

Plenty of potential for further growth by adding delivery through Uber Eats & the like, but regardless make money from day one!

For further information please contact Senior Business Broker Petros Margaritis.

Ref: B14222

Property Information

Real Estate:

Lease

Lease Terms:

5x5x5 Commenced 2021

Leasehold Rent:

$28,600 (AUD) per annum

Location:

With a high exposure location and easy access to public transport, there is plenty of parking for customers. One of the cheapest rents in the area!

Premises Details:

Large fully equipped full commercial kitchen. Seating for 25 inside and 20 outside under cover.

Business Operation

Expansion Potential:

Plenty of potential for further growth by adding delivery through Uber Eats & the like.

Reasons for selling:

Health Reasons

Trading hours:

6 Days; Tue - Sun 5:30pm - 9pm

Employees:
1 FT Owner, 4 PT Staff
Years established:
3

Contact Absolute Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Absolute Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business