$1.5M TURNOVER PA. – LONG STANDING, UNDER MANAGEMENT & PROFITABLE ASIAN CUISINE WITH 12-YEAR LEGACY IN SUNNYBANK AREA

A long-established and renowned Asian restaurant in Sunnybank's vicinity ideally located in one of the Asian bustling food hubs next to the main road with ample car parks and heavy foot traffic all day. This stable and profitable business boasts a stellar reputation and a loyal customer base. With its prime location and strong profitability, this is a fantastic opportunity for a savvy investor or operator.

The restaurant was established 12 years ago under management supported by a crew of experienced full time & causal kitchen and frontend staff offering delicious food and great service. Over the decades, it has built a solid reputation as a go-to spot for locals and visitors alike, with many loyal customers returning time and again. Located in one of the most popular shopping centre in the Sunnybank area, this business benefits from a high-traffic area, providing constant visibility and a steady flow of customers.

The lease is supported by an easy going landlord with reasonable rent $3,500/week (inclusive O/G & GST). Weekly income ranged between $32,000 to $28,000 with an averaged stable weekly income of $30,000 bringing a substantial remunerative weekly net profit of $6,000 (ball park) and annual net profit of close to $300,000 to its owners.

The owners are reluctantly offloading this high quality asset but due to overseas commitments and this business presents a tremendous opportunity for growth. A motivated new owner who is ready to put in the time and effort could expand operations to serve breakfast tapping into a wider market and significantly increasing revenue. With its established name and existing customer base, the potential for increased profitability is huge.

This is a perfect business for Visa 188A applicants or an experienced restaurateur or an aspiring business owner. This is a turnkey opportunity that comes with a proven track record of success. With everything in place, including a loyal customer base, prime location, and profitable operations, it just needs motivation and dedication to take it to the next level.

Contact Henry Chow

Asking $398,000 + SAV

Ref. no. BUY2441

DISCLAIMER:

The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

For more details, please email broker or call agents.