Semi-Managed Chinese Restaurant In Glen Waverley – TKG 20 PW

Restaurant | Business for Sale | Glen Waverley

Listing No #3463268

This busy, semi-managed Chinese restaurant in Glen Waverley features weekly takings of approximately $20,000 and operates with night trading only.

Key details include:

- Location: Glen Waverley

- Weekly Revenue: Approximately $20,000

- Annual Rent: $80,000

- Lease Term: 5+5 years

- Premises: 140m² with a seating capacity of 80

- Equipment: Fully equipped commercial kitchen

- Operations: Semi-managed

- Trading: Night trading only

- Price: $220,000

For further information please contact the agent to schedule an in-person appointment, photo ID required. Information cannot be disclosed over the phone due to confidentiality.

Photos provided are for illustration purposes only and were not taken at the actual premises.

Disclaimer:

ARM Real Estate & Business broker cannot guarantee the accuracy of the information, we strongly advise all potential buyers to conduct thorough due diligence with their professional advisors.

For more details, please email broker or call agents.

Arm Real Estate & Business

Suite 3, 70-72 Kingsway, Glen Waverley, VIC 3150

Brian Chan

Business Address: Glen Waverley

Glen Waverley's Features:

1. Home median price ranks No.71 among 914 suburbs of Victoria.
2. Home median rent ranks No.150 among 914 suburbs of Victoria.
3. Top primary school Camelot Rise Primary School, Glen Waverley Primary School, Glendal Primary School, Highvale Primary School, Mount View Primary School, St Leonard's Parish Primary School, Wheelers Hill Primary School are in this suburb.
4. Top secondary school Brentwood Secondary College, Glen Waverley Secondary College are in this suburb.
5. The percentage of age 5 to 19 people(20%) is high.
6. People from Malaysia(4%) like to live in this suburb.
7. People from Hong Kong(2%) like to live in this suburb.
8. Many houses in this suburb are Fully Owned(59%).
9. People from China(4%) like to live in this suburb.
10. The percentage of age 60+ people(20%) is high.
11. People are well-educated (University or Tertiary education 7%).
12. There are more Separate house(90%) in this suburb.
13. Many people in this suburb are Professionals(12%).