About the Business

STOP FALLING FOR "UNDER MANAGEMENT" FAIRYTALES.

Most hospitality listings claiming to be "under management" are nonsense.

What they really mean is:
the owner is still plugging holes, covering shifts, fixing the kitchen, managing staff drama, and working 50 unpaid hours a week to hold it together.

This is not that.

This is a genuine under-management hospitality business with BAS-verified turnover, documented systems, trained staff, and real profit.

Asking Price: $330,000 + SAV
SAV approx. $10,000

Why this one is different

This is a modern Asian, daytime-led venue that is already operating with structure.

Not chaos.
Not owner dependency.
Not smoke and mirrors.

Current operating model includes:

Floor supervisor running day-to-day service

Three trained chefs covering the menu

Documented recipes and systems

Kitchen operation not reliant on owner presence

So if you are thinking:

"Looks great... but I'm not a chef."

Perfect.

You do not need to be.

This is not a business where the buyer has to stand on the pans and hold the whole thing together.

Your role is oversight:
team, KPIs, suppliers, compliance, admin, and growth.

That is exactly what makes this opportunity so rare.

The numbers that matter

Turnover: $890,000-$920,000 p.a.
Verified by BAS

Weekly Sales: Approx. $17,800 incl. GST

Under-Management Net Profit: Approx. $154,000 p.a.

Owner-Operator Net Profit: Approx. $225,000 p.a.

Read that again.

$225,000 in owner-operator profit for a $330,000 purchase price.

That kind of multiple is almost unheard of in hospitality when the numbers are real.

Rent: Approx. $900 + GST per week
That is only around 5.76% of turnover

Trading: 7 days daytime + 1 dinner service per week

Lease: Secure term through to September 2029 + option to 2034

The upside is real, but not required

This is not one of those listings where the whole valuation depends on fantasy.

You do not need to reinvent the business to make it stack up.

It already works.

You can keep it under management and continue operating as-is.

Or, if you want to push it further, there is clear upside through:

more dinner services

catering growth

tighter systems

procurement improvements

Confidential sale process

Business name and exact location are withheld.

Full IM and inspection details are provided to qualified buyers after signing a confidentiality agreement.

If you want a business that is actually under management, actually profitable, and actually defensible at the asking price, this is the one to look at.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**