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Shanghai Calling - Delicious Dumpling Shop In Mount Eliza For Sale

Mount Eliza, Victoria, Australia
Asking Price:
$100,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Looking for a restaurant that stands out from the crowd and draws customers in just by its position and looks? – then Shanghai Dumplings is the one for you! Occupying a prominent corner position above busy Mount Eliza Way and encased in an attractive glass bubble it is impossible to ignore.

Offering a wide variety of dumplings and buns the restaurant menu also features an extensive range of noodle and rice dishes to please all tastes. The business is currently open for lunch and dinner six days per week (closed Tuesdays) and is owned and managed by a couple with the assistance of casual staff.

The couple, who began operating the 90 square metre (approx.) restaurant three and a half years ago, just prior to COVID-19, invested $400,000 in a full refurbishment of the premises, installing a brand-new commercial kitchen, including a walk-in cool room and freezer. Due to other business interests and the prospect of retirement they are now ready to move on, leaving new owners to benefit from their hard work.

New owners will be able to enjoy a long lease (6 x 4 years) and a reasonable rental of $5,700 -.-.-. (including GST). Features of the premises include disabled toilet, two designated parking spaces at rear, ample storage and attractive furniture.

The kitchen will suit any Asian style cuisine (there are four woks, fryer, streamer, huge canopy, under-bench fridges, double sinks and mop sink). The premises would equally be suitable as a café, given its prominent views and outdoor al fresco area. The business has a licence to BYO.

So, if you are looking to balance business with lifestyle then you can’t go past Mount Eliza with its village atmosphere, affluent locals and proximity to the beach. This is an opportunity not to be missed. If you would like more information or to arrange an inspection, please call Alan from Maguires Real Estate.

Price: $100,000 including all plant and equipment

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