Asset Sale and Long-term Lease Transfer - Indian Restaurant

15 days ago

1Sell

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Ricky Khurana
 

Summary

Over $200,000 Worth of Commercial Equipment and 4.5-Year Lease

About the Business

Asset Sale and Long-term Lease Transfer
Over $200,000 Worth of Commercial Equipment and 4.5-Year Lease
Wentworthville, NSW – The Rising New 'Eat Street' Hub

1SELL Listing ID: 1AU0324

This business is being offered for a rapid sale based on the significant value of its modern commercial fit-out and highly desirable long-term lease. This is not a business sale based on turnover, but a strategic Asset Acquisition for an operator ready to step straight into a premium, established site in the popular Wentworthville dining precinct.

The Opportunity:

• Asking Price: As Advertised
• Rental Bond: $15,947.69 incl GST (3 month’s rent)
• Stock at Valuation (SAV): NIL – included in Sale price
• Legal Costs: At actuals
• Asset Value included in the sale price: The equipment alone is valued at over $200,000.
• Massive Saving: Secure the entire premium kitchen and long lease for less than the replacement cost of the equipment.

Premium, Near-new Kitchen and Fit-out: The premises features an exceptional, oversized kitchen, previously operating as a Telegu Telangana Hyderabadi Cuisine. Also suitable for: Chinese / South-East Asian, Sri Lankan or Nepalese, Middle Eastern / Lebanese, Modern Italian / Pizzeria, Italian-Australian.

The kitchen is one of the key selling points:

• Huge 70m² approx. Kitchen Space
• Most of the equipment is less than 6 months old, is near-new and still under warranty.
• Major Equipment but not limited to: Optitech Fridges, Roband Bainmaries, Work Benches, Kingloc Fridges, Horizontal Freezers / Commercial Chest Freezer, All-worth Fridges, Dishwashing Benches, 2 LKK Gas Stoves, Walk-in Cool Room/Refrigerator, Walk-in Evaporator/Blower Unit, Commercial Upright Refrigerator/Freezer Stainless Steel, Commercial Cooking Line/Ranges/Stoves Stainless Steel, Stainless Steel Prep Table/Work Surface, Work Station, Rice Cooker Commercial/Large.
• Essential Infrastructure: Featuring a large commercial cold room, multiple stainless-steel work benches, and dishwashing benches.

Infrastructure Versatility: While currently fitted for high-volume Indian cuisine, the heavy-duty LKK gas ranges and expansive 80m² prep area make this site a 'plug-and-play' solution for Chinese Wok-cooking, Middle Eastern Grills, or a high-output Sri Lankan curry house. The flexible layout allows a buyer to easily pivot from a 100% takeaway model to a 30-seat boutique dining experience.

Prime Location: This is the foundation for your long-term success, located in Wentworthville - fast becoming a major food destination after Parramatta and Harris Park

Secure Lease:
• Long-Term Security: Current lease valid until 27 June 2029
• Flexible Space: The shop can be converted into a highly desirable 30-seater dining restaurant with minor modifications
• Operational History: The site has been established since 2009.

This is a rare opportunity in a high-demand location with strong infrastructure, consistent traffic, and clear growth levers. Due to the owners' health issues, the business is closed and the sale is strictly for the premium assets and long lease. Due diligence will focus solely on the assets and lease conditions. All interested and qualified prospects will need to sign a Confidentiality Deed to receive the detailed equipment list, the exact property address, and schedule an inspection.

For a confidential discussion, please contact:
Ricky Khurana – Business Sales Specialist

DISCLAIMER: E&OE - Errors & Omissions Excepted. Photos in this listing may be stock images for illustration purposes only and not images of the actual business or property for sale. Business-for-sale details are confidential and only available on acceptance of the Confidentiality Deed. The Purchaser is entirely responsible for their own due diligence and is not to rely on statements or warranties made by the vendor or anyone else on their behalf.

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