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Summary
FOR SALE – ESTABLISHED FOOD BUSINESS | RANDWICK | Prime Location | Strong Customer Catchment Asking Price: $75,000 + SAV An excellent opportunity to acquire an established and fully equipped food bu
Location Details
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About the Business
FOR SALE – ESTABLISHED FOOD BUSINESS | RANDWICK
Asking Price: $75,000 + SAV
An excellent opportunity to acquire an established and fully equipped food business in a prime Eastern Suburbs location at an attractive entry price.
Currently operating as a popular Vietnamese takeaway, the business enjoys a prominent street-front position servicing the Randwick, UNSW and hospital precinct.
Continue the existing operation or potentially introduce your own food concept, subject to landlord and relevant approvals.
BUSINESS HIGHLIGHTS
- Asking price $75,000 + SAV
- Average weekly sales approximately $8,000–$9,000
- Fully fitted commercial kitchen
- High-exposure street-front location
- New 5-year lease
- Established repeat customer base
- Simple operation with low staffing requirements
- Genuine retirement sale
PRIME RANDWICK LOCATION
Surrounded by major customer generators including:
- UNSW
- Prince of Wales Hospital
- Sydney Children's Hospital
- Medical centres and healthcare professionals
- Residential apartments
- Retail and dining precincts
- Light Rail and major bus routes
The diverse catchment provides consistent trade from students, healthcare workers, local residents and professionals.
SUITABLE FOR
Existing Food Operators – Add another location without the cost of a complete new fit-out.
Couples or Family Operators – Hands-on owners can potentially reduce staffing costs and improve returns.
First-Time Buyers – Step into an established operation with equipment, customers and premises already in place.
New Food Concepts – Opportunity to introduce another takeaway or food concept, subject to approvals.
GROWTH OPPORTUNITIES
- Open Sundays and extend trading hours
- Introduce breakfast and coffee
- Expand catering to hospitals, offices and UNSW
- Grow Uber Eats, DoorDash and Menulog sales
- Refresh or expand the existing menu
The lease permits trading from 6:00am to midnight, 7 days a week, providing significant flexibility for a new operator.
GENUINE RETIREMENT SALE
After many successful years, the owner has decided to retire.
At just $75,000 + SAV, this is an affordable opportunity to acquire an established food business in a busy education, medical and residential precinct.
Enquire today for further information or to arrange a confidential inspection.
Contact:
Hank Chu
Sinosmart Business Brokering
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