- Price: $295,000 + SAV
- Categories: Food/Hospitality
Rare Opportunity Profitable Vietnamese Restaurant for Retirement Sale in Northern Suburb Adelaide!
Price: $295,000 + Stock ($10,000)
Are you ready to step into a thriving culinary venture? This is your chance to own a highly profitable Vietnamese restaurant that's been a beloved staple in the community for over a decade!
First Time on the Market!
Don't miss out on this exclusive opportunity to acquire a restaurant that has been cherished by patrons for years. With a retirement sale, it's the perfect time for a new owner to take the reins and continue its legacy of excellence.
Highly Profitable Business
Experience steady net profits with an impressive averaging above $250,000.The turnover in FY2022 alone was a remarkable $923,523, showcasing the restaurant's strong financial performance.
Super cheap Rent
With low overhead costs, including super cheap rent at only 4% approximately, you'll enjoy maximum profitability from day one.
Ideal Owner-Operator Business
This is not an investment opportunity. It's a chance for an owner-operator to thrive.
Spacious and Convenient Location
Spread across a generous 200m2 space, including a fully equipped commercial kitchen, this restaurant offers ample room for growth. Plus, its strategic location in a northern suburb ensures less competition and easy access for customers.
Liquor License and Loyal Customer Base
With a liquor license and seating for over 60 guests, this restaurant caters to both dining and socializing needs. Benefit from a stable and loyal customer base, drawn to the authentic Vietnamese cuisine and inviting atmosphere.
Family-Friendly Operation
Operational six days a week, with a closed day on Monday, lunch and dinner served Tuesday to Friday and dinner only on Saturday and Sunday. This restaurant is ideally suited for a family to operate together. Enjoy the flexibility of managing your own schedule while serving delicious meals to your community.
Smooth Transition Assured
Rest assured, the current owner is committed to facilitating a smooth transition for the buyer. With assistance provided during the handover period, you'll be well-equipped to continue the restaurant's success seamlessly.
Price and Inclusions
For just $295,000 plus stock ($10,000), you'll acquire not only a profitable business but also all plant and equipment necessary for operation. It's an incredible value proposition for aspiring restaurateurs seeking a turnkey opportunity.
Don't let this opportunity slip away! Contact the agent Yiling Tang today to learn more and schedule a viewing. Your journey towards owning a thriving Vietnamese restaurant starts here!
