Summary
Recently fitted-out with as-new fitout and equipment valued at over $240,000. 50 dine-in seats, a fully equipped commercial kitchen, spacious cool room, surrounded by high-rise and office buildings
Revenue
$30,000 pm
Rent
$7,241 pm
Expenses
$16,000 pm
Net Profit
$6,758 pm
Location Details
Ideally located in Parramatta, surrounded by high-rise apartments and office buildings, providing strong foot traffic and a solid customer base for both dine-in and takeaway trade.
Potential
With a full-size commercial kitchen and large cool room, the premises are well suited to a wide range of cuisines, including Thai, Chinese, Indonesian, Malay, and more.
Surrounded by office buildings and high-density residential towers, the business has strong potential to expand into corporate catering, private functions, parties, and events. The nearby hotels and residential complexes also present opportunities for partnerships and delivery growth. Located in the heart of Parramatta, next to new Meriton developments with excellent exposure
Hours
Currently open from Monday to Friday 10.30AM - 8.30PM
You can open weekend trading to boost revenue
Lease
Current lease expires 11/2028 with FIVE years option
Employees
Two staffs with business owner
About the Business
The business has been successfully trading as a Vietnamese restaurant for over 5 years, with 200+ Google reviews and a strong reputation among local customers.
The incoming owner can continue operating the current menu and leverage the existing customer base, or introduce a new cuisine and expand the menu to suit their own concept and business goals.
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