- Self-managed
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$200K PROFIT LONG-STANDING POPULAR VIETNAMESE RESTAURANT IN THE VICINITY OF BUSTLING INALA
This family owned and run business has been successfully operated by the existing owners for over 10 years generating remunerative returns for them YoY. Annual netting of $200K after the wages of two owners with impressive averaged weekly sales of $17K, this business has proven to be a lucrative venture with consistent growth.
The restaurant nested in the vicinity of bustling Inala with low weekly rent of $1500 inc O/G & GST with term of lease ending 2032. This business offers proven track record of profitability with an excellent reputation for its delicious cuisines and great services supported by a stable customer base. It is a popular spot for high standard catering, wedding reception and social events as it can accomodate up to 180 persons. This restaurant has established itself as a favourite among locals and visitors alike supported by a team of experienced and capable staff (kitchen & front) managed by the owners.
The reason to offload is owners intend to retire after years of hard work building up this business on a trajectory of success and look for a motivated buyer with entrepreneurship to continue its success. Besides, this business is suitable for couple or family operators. The restaurant has a team of great staff and processes in place, which makes it an ideal opportunity for a couple or family looking to run their own business and reap the rewards of their hard work. This business is also perfectly suitable for the 188A Visa applicants.
Contact Henry Chow
| Amy WanAsking $250,000
Ref. no. BUY2449
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.
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