About the Business

STOP BUYING “UNDER MANAGEMENT” FAIRYTALES.

This one is the real deal.

Modern Asian, daytime-led hospitality business running under management , with BAS-verified turnover of $890k–$920k and approx. $154k net profit p.a. under the current model.

Asking: $330,000 + SAV (approx. $10,000).

Here’s what makes it different:

Most “under management” listings quietly depend on the owner doing 50 hours a week for free.

This one doesn’t.

Floor supervisor runs day-to-day service

Three trained chefs cover the full menu

Recipes are documented

Kitchen does not rely on owner presence

So if your first thought is:
“Yeah but modern Asian is intimidating… I’m not a chef.”

Good. You shouldn’t be.

This is a systemised operation where the buyer’s job is oversight, not cooking: people, KPIs, suppliers, compliance and admin/catering enquiries.

The numbers buyers actually care about:

Turnover: $890,000–$920,000 p.a. (BAS verified)

Weekly sales: approx. $17,800 (incl. GST)

Net profit: approx. $154,000 p.a. (current model)

Rent: approx. $900 + GST per week (around 5.76% of turnover)

Trading: 7 days daytime + 1 dinner service weekly

Lease: secure term to Sep 2029 + option to 2034

Upside (optional, not “wishful thinking”):

Keep it as-is and run it under management — or:

add more dinner services, grow catering, tighten systems and procurement.

Confidential sale process (non-negotiable)

Business name and exact location are withheld.
Full IM + inspection details provided to qualified buyers after signing a confidentiality agreement.