Location:
Brisbane City 4000 > Brisbane - Greater > Queensland
Investment level:
$298,000 (Negotiable) + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
This long established, profitable & famous Vietnamese restaurant is one of the popular restaurants in the Vietnamese’s community around Inala.
$200,000 pa
This family owned and run business has been successfully operated by the existing owners for over 10 years generating remunerative returns for them YoY. Annual netting of $200K after the wages of two owners with impressive averaged weekly sales of $17K, this business has proven to be a lucrative venture with consistent growth.
The restaurant nested in the vicinity of bustling Inala with low weekly rent of $1500 inc O/G & GST with term of lease ending 2032. This business offers proven track record of profitability with an excellent reputation for its delicious cuisines and great services supported by a stable customer base. It is a popular spot for high standard catering, wedding reception and social events as it can accomodate up to 180 persons. This restaurant has established itself as a favourite among locals and visitors alike supported by a team of experienced and capable staff (kitchen & front) managed by the owners.
The reason to offload is owners intend to retire after years of hard work building up this business on a trajectory of success and look for a motivated buyer with entrepreneurship to continue its success. Besides, this business is suitable for couple or family operators. The restaurant has a team of great staff and processes in place, which makes it an ideal opportunity for a couple or family looking to run their own business and reap the rewards of their hard work. This business is also perfectly suitable for the 188A Visa applicants.
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