Summary
Fully equipped Asian restaurant in Warwick. 85sqm, next to Hoyts. Full commercial kitchen, cool room, gas & grease trap. Rent $998/w + outgoings $178/w. 3 years lease. Genuine offers.
Revenue
$5,800 pw
Rent
$998 pw
Location Details
13 639 beach rd, Warwick
shop name : flavour spot
* Warwick, WA
* Shop 13/639 Beach Road Warwick, WA
* Inside the Hoyts Cinema building
Potential
Excellent opportunity for an owner-operator or experienced chef to grow an established hospitality business. Currently operating reduced trading hours due to family commitments, leaving strong potential to increase sales by extending trading hours, expanding delivery platforms, introducing catering, office lunch services or a refreshed menu. Suitable for various cuisines including Korean, Japanese, Chinese, Malaysian, café or takeaway.
Skills
Hospitality or food business experience is beneficial but not essential. The business is fully equipped and ready to operate immediately. Ideal for chefs, experienced operators or first-time business owners looking for a turnkey opportunity. Existing kitchen setup allows a smooth transition with minimal additional investment.
Lease
Approximately 3 years remaining. Renewal option available. Rent approx. $998/week plus outgoings $178/week.
Reason for Sale
The business is being offered for sale due to family commitments following the arrival of our newborn. As a result, we have reduced our trading hours and are looking for a new owner who can take over and realise the business’s full potential. This is a genuine sale and an excellent opportunity for an owner-operator or experienced hospitality business owner.
About the Business
This is a fantastic opportunity to acquire a fully equipped restaurant in the Warwick Entertainment Centre, next to Hoyts Cinema, with excellent exposure and plenty of customer parking.
The premises are approximately 85sqm and include a complete commercial kitchen with cool room, gas connection, grease trap, commercial gas fryer, grill, gas stove, commercial dishwasher, stainless steel preparation benches and all major equipment required to commence trading immediately.
The business is currently operating reduced trading hours due to family commitments, providing an excellent opportunity for a new owner to increase sales by extending trading hours, expanding delivery platforms, introducing catering or office lunch services, or developing their own menu and concept.
The premises are suitable for a wide range of food concepts including Korean, Japanese, Chinese, Malaysian, Asian Fusion, café, takeaway and many other cuisines (subject to landlord and council approvals).
Lease details:
• Approximately 3 years remaining on the current lease
• Renewal option available
• Rent approximately $998 per week
• Outgoings approximately $178 per week
The business is being sold as a walk-in, walk-out opportunity, allowing a purchaser to start operating immediately without the significant cost and time involved in establishing a new commercial kitchen.
History
The business has been established in Warwick and has built a loyal local customer base. It has operated as an Asian Fusion restaurant and continues to receive repeat customers. Due to family commitments and the arrival of our newborn, trading hours have recently been reduced. This presents an excellent opportunity for a motivated new owner to further develop and grow the business.
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