Mwj9jhx3qardcgyhucla
Business NO.:
3412090
Status:
Active
Price:
$888,000
Plus SAV:
Yes
Updated on:
20/04/2024
Business Features:
Self-managed
Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.

Long Established Asian Restaurant With Enviable Reputation

Food/Hospitality | Business for Sale | Sunnybank

This restaurant's main focus is barbecued meats, i.e. port, duck, etc. with authentic Hong Kong flavours, but, they offer an extensive menu covering Cantonese dishes alongside Vietnamese favourites.

Bright and vibrant atmosphere helps customers enjoy the incredibly tasty dishes at thrifty prices.

Creation of a husband and wife team from Southern China, this restaurant has now developed a cult following among locals and workers from nearby offices.

Fifteen different kinds of 'pho', flavoursome vegetable clay pots and steaming wonton fresh soup filled with prawn and minced pork are some of mouth watering dishes they proudly offer.

Opening hours

7 days/week

11:00 am – 8:30 pm

Key points:

  • Size of premises: 209 m2
  • Lease: current to 1 September 2024
  • Current monthly rent: $26,011 all inclusive.
  • Staffing: 5 full-time and 6 casual staffs
  • Total sales for the financial year 2023: $2,700,000
  • Net profit before income tax for the financial year 2023: $450,000

Asking price: $888,000 + SAV ($35,000 – estimate)

For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or

Please call Sunny on

(The image used is for display purposes only and does not reflect the business advertised for sale.)

For more details, please email broker or call agents.


Level 1, 33 Queen Street, Brisbane, QLD 4000