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Restaurant - Asian - Vietnamese Cuisine - Restaurant - Vietnamese - Paddington Location - Sales $24,500 P.W. For Sale

Brisbane, Queensland, Australia
Asking Price:
$340,000 (AUD)
Sales Revenue:
$1,274,000 (AUD)
Cash Flow:
$535,184 (AUD)

Restaurant serving Asian - Vietnamese cuisine including noodles, rice dishes, Vietnamese style salads, rice paper rolls. - BYO license. - Spacious dining area with modern high class shop fit-out which cost over $400k.- Full commercial kitchen equipped with walk-in cold room, walk-in freezer room, wok burners, grill plates, exhaust canopy, grease traps, deep friers. - 64 seats inside - 46 seats outside.

Potential
Could add website to accept online booking. - Could join online ordering systems (e.g. Menulog, Foodora) for deliveries / bookings / takeaways- Could apply Lic license to boost sales

Features
Very strong sales and still growing - Long lease - Popular and well-known - Great location

Premises
This business has an area of approx. 113m2 with modern shop fit-out

Location
Situated in a local shopping centre surrounded by high density residential in City Fringe suburb.

Trading Hours
6 days - Tues. - Sun. - 11 a.m. - 230 p.m. - 5 p.m. - 10 p.m.

Lease
Current lease expires Dec. 2022 + 5 + 5 year options - 3% increases p.a. - 3 months bond

Employees
2 owners (60 hours & 30 hours) + 3 fulltime chefs + 5 parttime kitchen hands + 6 parttime waiters

Comments

Property Information

Location:

Situated in a local shopping centre surrounded by high density residential in City Fringe suburb.

Business Operation

Expansion Potential:

Could add website to accept online booking. - Could join online ordering systems (e.g. Menulog, Foodora) for deliveries / bookings / takeaways- Could apply Lic license to boost sales

Trading hours:

6 days - Tues. - Sun. - 11 a.m. - 230 p.m. - 5 p.m. - 10 p.m.

Employees:
2 owners (60 hours & 30 hours) + 3 fulltime chefs + 5 parttime kitchen hands + 6 parttime waiters
Years established:
2009

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