Busy Chinese takeaway store in QV Food Court - Melb CBD

Yesterday, 12:04pm

Location:
Melbourne 3000 > Melbourne > Victoria

Investment level:
$250,000

Type:
Franchise Resale

Industry:
Retail > Food outlets

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Summary

Looking for your own modern store in a fantastic CBD location. Option to keep the Panda Panda name or rebrand with your name. Only 1 year old fitout and equipment. Store is not a franchise.

Royalties

$0 pm

Rent

$5,159 pm

Marketing Fees

$258 pm

Location Details

Melbourne CBD - QV Building food court. Level 1.
Modern and busy food court location in the popular QV complex on corner of Swanston St & Lonsdale St.

This store is located in the main food court on Level 1 - Shop 031. High foot traffic area. 7 day trading.

Marketing support

This is an independant business that is not part of a franchise group. Owner determines own marketing.

QV centre also provides shopping centre based promotions that are paid for from the $258 per month promotions levy payable to the landlord.

Training provided

Training and handover period is flexible and negotiable.

Skills

Chinese takeaway business - only need basic wok skills for cooking

Length of Agreement

6 year Lease commenced September 2016. Approx 5 years remaining.

About the Opportunity

The business is currently operated as the Panda Panda Chinese kitchen.

The store is located in a high visibility and high foot traffic food court area on Level 1 of the QV Centre - a sensational location for a takeaway business.

The store was constructed new about a year ago and is being offered for sale with all existing equipment and fitout.

New owners may take over the Panda Panda business name or may rebrand with a new name. The permitted use for the store under the current lease is for a Chinese food business. Alternate cuisine types would need landlord approval.

The rent is very cheap for such a quality location and there is almost 5 years left on the lease.

The current business is always busy and is performing well but has been operating under remote management so their is further upside for the new owner to be more hands on and drive the business harder.

Year Business Established

2016

Site locations

1

History

Commenced trading in late 2016

Independant store - not part of a franchise.

The current owners of Panda Panda are also the owners of the Thailander food franchise located in the same food court. Thailander is offering new franchise stores across Melbourne CBD and metro shopping centre locations.

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