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Restaurant Business With Best Set Up Melbourne Cbd For Sale

Melbourne CBD, Victoria, Australia
Asking Price:
$400,000 (AUD)
Sales Revenue:
$780,000 (AUD)
Cash Flow:
Available on request

Take advantage of this amazingly set up restaurant business in the heart of the Melbourne CBD.

This business has the best location with excellent high exposure location at the entrance to a 3 level shopping centre and block of serviced apartments. It is located in the theatre district and Chinatown. It is the perfect place for residents in the apartments or people going to the theatres to grab a quick meal or takeaway.

The restaurant is very well set up. It is a large, bright and welcoming restaurant with seating capacity for 30 and large shopfront windows. Well equipped kitchen with new equipment (only 6 months old). The kitchen has a 2-wok burner and specially designed canopy as well as a big cool room (3.6x3.6m), a coffee machine, ice machine and Double Decker Rational Combi oven.

Currently running as a Vietnamese restaurant and takeaway food place, new owners can take over and continue with Vietnamese food or change to any cuisine.

Before lockdown, this restaurant/takeaway was turning over $15,000 per week. With restrictions easing, turnover has already steadily increased.

Rent for this large premises in such a high exposure location is $9,000 per month including GST and outgoings. With lease of 5x5x5 commenced June 2018.

Currently run under management with 4-7 part time staff and trading 5 days: Monday to Friday 6am to 3pm.

Offers plenty of scope for future growth potential when all restrictions are lifted, as there is opportunity to extend trading hours, or partner with an online food delivery service.

This restaurant is a must see.

For more information and to arrange an inspection contact Chris Panagiotidis.

Property Information

Location:

This business has the best location with excellent high exposure location at the entrance to a 3 level shopping centre and block of serviced apartments

Premises Details:

Amazing set up with seating capacity for 30 and large shopfront windows. Well equipped kitchen with new equipment (only 6 months old).

Business Operation

Expansion Potential:

Offers plenty of scope for future growth potential when all restrictions are lifted, as there is opportunity to extend trading hours, or partner with an online food delivery service.

Reasons for selling:

Family

Trading hours:

Trading 5 days: Monday to Friday 6am to 3pm.

Employees:
Under management with 4-7 part time staff
Years established:
Established 1 year

Contact Information

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