Summary
Located in Ringwood East shopping district, along main street. Medium size restaurant cafe can fit up to 42 patrons. Current liquor licence allows alcohol sales until 1am. Cheap rent.
Location Details
Ringwood East shopping district along main street with plenty of 2P street parking (free) from Monday to Saturday. Free parking after 5pm on weekdays and Saturdays. Free parking all day on Sundays.
Potential
Stable restaurant cafe business with regular customers.
Prime location on the main street shopping district which can attract many new customers.
Fully fitted and ready to operate.
Commercial kitchen setup.
Currently serving South East Asian cuisine, which can easily be converted to other cuisines.
New owner may be able to use the restaurant for any self-sponsored or employment visa (P.S refer to migration website)
Hours
Currently operating on 6-day basis, new owner can do the same or 7 days.
Lease
Current lease until December 2027, owner has agreed on renewing the lease for another 5 years.
Employees
Can be easily operated with 2-3 employees per shift.
About the Business
Good location restaurant cafe in the heart of Ringwood East, 5minutes drive to Eastland Shopping Centre, Costco and Ringwood Train Station; 500 metres to Ringwood East Secondary College.
Stable regular customers, high potential of attracting new customers as there is not any other competitors within the precinct.
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