PROFITABLE & SPACIOUS ASIAN FUSION RESTAURANT | MULTI-CUISINE | LIQUOR LICENCE | LONG LEASE & LOW RENT | FUNCTION-READY

A rare opportunity to acquire a well-established, profitable & highly regarded Asian restaurant offering a unique blend of Korean, Japanese, Thai, Taiwanese, & Southeast Asian cuisines — all crafted under the guidance of an experienced & respected restaurateur.

This popular venue has earned a loyal following for its authentic flavours, warm ambiance, and consistent quality. The restaurant is both spacious & versatile, with over 130 sqm of combined indoor & outdoor dining space, accommodating up to 80 seated guests, making it ideal for large group bookings, events, & private functions.

This business was established in January 2021 and is located in a sought-after dining precinct with a reasonable rent of $1,300/week (including GST & O/G) & a lease up to 2026 with 5 years option. This business enjoys a commanding presence, a loyal and diverse customer base, & a reputation for excellence across multiple Asian cuisines, including Korean, Japanese, Thai, Taiwanese, & a variety of Southeast Asian flavours.

* Multi-Asian Cuisine Offering: A diverse & innovative menu that taps into the growing demand for authentic, high-quality Asian flavours – appealing to a broad demographic of food lovers, families, groups, & regular diners.
* Liquor Licensed Premises: Fully licensed to serve alcohol, adding value to the dining experience & significantly enhancing average customer spend.
* Large, Versatile Dining Space: Over 130m² of combined indoor & outdoor space, seating up to 80 patrons, making it ideal for casual dining, group bookings, or fully catered private functions.
* Proven Profitability: Strong and consistent weekly turnover with healthy margins. Clear operational systems in place make this a seamless opportunity for hands-on or semi-passive ownership.
* Favourable Lease & Rent: Secure long-term lease with exceptionally low rent, allowing for high-profit retention & educed business risk.
* Fully Equipped & Staffed: Turnkey operation with a fully fitted commercial kitchen, quality equipment, & experienced staff who can support new ownership from day one.
* Strong Online & Local Reputation: Excellent customer reviews, a well-maintained digital presence, and a loyal local following ensure consistent business throughout the week.
*High-Visibility Location: Situated in a high-foot-traffic precinct with strong residential catchment, ample parking, & complementary surrounding businesses.
* Function-Friendly Venue: With its generous space & ambiance, this restaurant is frequently used for birthdays, corporate events, & private bookings – offering an additional revenue stream.

This biz offers a strong return on investment & is well-positioned for further growth – through delivery expansion, extended trading hours, or increased marketing. Whether you're an experienced hospitality operator, an investor seeking a high-performing food business, or a 188A visa applicant looking for a profitable migration-compliant business, this opportunity ticks all boxes.

Contact Henry Chow

Asking $198,000 + SAV

Ref. no. BUY2524

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.