Only Malatang & Chinese shop within 30 km area, surrounded by busy eateries in the main food block. High foot traffic, 30m to bus station, 100+ parking spots, located in the CBD of Wollongong.
- Asking Price:
- $88,000 (AUD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years
- Leasehold Rent:
-
$62,400 (AUD) per annum
- Location:
-
Located on Crown Street in Wollongong CBD, within the city’s main dining strip. High foot traffic from nearby offices, retail, student housing, residential towers, and WIN Stadium. Only 30m from a major bus station and surrounded by over 100 street parking spaces.
- Premises Details:
-
Modern, fully fitted restaurant with a complete commercial kitchen, dining area, and customer seating. Includes 16 tables, 30 chairs, and three 3-seat sofas. Air-conditioning, ventilation, cabinets, lighting, and all fixtures included. Premises is well maintained and ready to operate immediately.
- Planning Consent:
-
Licensed for food business use. Commercial kitchen, extraction, and food preparation fit-out already approved.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Potential to expand through extended trading hours, delivery platforms, catering, student meal deals, social media promotions, and late-night trading during events. Opportunity to introduce more menu items such as stir-fry or noodles to capture additional market segments.
- Competition / Market:
-
Very limited competition. Fewer than five Chinese restaurants in Wollongong, and this is the only Malatang restaurant within 30 km. Strong differentiation with exclusive franchise recipes and authentic imported ingredients.
- Reasons for selling:
-
Owner returning to China for family commitments and unable to continue managing the business locally. Excellent opportunity for a new operator to take over a simple, profitable, and fully equipped restaurant.
- Trading hours:
-
Open 7 days:
11:30am – 2:30pm
5:00pm – 9:00pm
- Employees:
- 5
- Years established:
- 10+ years at this location.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
ncludes franchise fee, exclusive recipes, authorised flavour base, and ingredient supply from a longstanding Chinese Malatang brand Yigancheng.
Other Information
- Support & training:
-
Full training and handover provided. Includes recipe training, franchise flavour guidance, equipment usage, supplier contacts, and operational procedures. Beginner-friendly—no chef skills required.
- Furniture / Fixtures value:
- $120,000 (AUD) - included in the asking price
- Inventory / Stock value:
- $8,000 (AUD) - included in the asking price
