Golden Opportunity Awaits: Own a Thriving Restaurant with Woolworth's Embrace

10 days ago

Private Seller

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Summary

We present an opportunity to acquire a well-established restaurant with a proven track record of success. Type: Asian food Seating Capacity:30 seats Reason for sell: Owner Retirement

Revenue

$7,000 pw

Rent

$800 pw

Expenses

$4,000 pw

Net Profit

$2,200 pw

Location Details

81-125 Princes Hwy
Seize this unique opportunity to own a top-rated restaurant with a stellar reputation, strategically located in a shopping center, embraced by Woolworth, and empowered with a self-owned online ordering system.

Potential

Embark on a remarkable opportunity to own a thriving restaurant nestled in the heart of a bustling shopping center, embraced by Woolworth, and offering the convenience of underground parking. With accolades such as being ranked #2 on Restaurant Guru and stellar ratings of 4.9/5 on Google Reviews and 4.8/5 on UberEats, this is your chance to step into a turnkey operation with unparalleled visibility. As we look towards the future, we are seeking a partner who can bring valuable catering opportunities to the table.

Skills

No Skills request: our commitment to a smooth transition extends to our team's willingness to assist in training new employees. Our experienced Chef, a cornerstone of our culinary success, is eager to stay on board, providing continuity in the kitchen and sharing the secrets behind our beloved recipes. We believe in fostering a collaborative environment to ensure the continued success of this culinary haven.

Hours

Monday-Saturday:11:00am-8:00pm

Lease

The initial lease term is 5 years, with the option to renew for an additional 5 years, providing long-term stability.

Employees

Currently, the restaurant is efficiently managed by 2 full-time staff and 1 part-time staff.

Reason for Sale

The owner is retiring and is seeking a passionate individual to carry on the legacy and take care of the business.

About the Business

Are you prepared to take the reins of a culinary gem? An unparalleled opportunity awaits to acquire a well-established restaurant with a stellar track record of success. Established just one year ago and currently holding the coveted #2 spot on Restaurant Guru, our restaurant boasts exceptional ratings of 4.9/5 on Google Reviews and 4.8/5 on UberEats. This turnkey operation is poised for a new visionary.

Key Features:

Woolworth's Embrace:

Strategically embraced by Woolworth, our restaurant stands out, attracting a diverse customer base. This partnership not only enhances visibility but also adds credibility and trust to our brand.
Underground Parking Convenience:

Elevate the dining experience with added convenience. Our establishment offers hassle-free parking with underground facilities, setting us apart and ensuring a seamless visit for our patrons.
Kitchen Excellence with Warranty:

Revel in the assurance of a fully equipped kitchen. The best part? All kitchen equipment comes with an active warranty, ensuring not only efficiency but also cost-effectiveness in our daily operations.
Lease Terms: 5 Years with Option to Renew:

Secure your investment with favorable lease terms. The initial 5-year lease, coupled with the option to renew for an additional 5 years, provides long-term stability for potential owners.
Efficient Staffing:

Currently managed by 2 dedicated full-time staff and 1 part-time staff, our restaurant operates smoothly, guaranteeing quality service and customer satisfaction.
Established Kitchen Excellence:

Benefit from a well-established kitchen celebrated for its efficiency and quality. Our culinary team has meticulously crafted a menu, earning us the prestigious #2 spot on Restaurant Guru.
Rave Reviews on Google:

Our commitment to excellence is echoed in our outstanding 4.9/5 Google Reviews. Diners consistently praise our delectable cuisine, impeccable service, and inviting atmosphere.
UberEats Success:

Tap into the digital market with confidence. Our strong online presence is exemplified by a remarkable 4.8/5 rating on UberEats, attracting a broad and diverse customer base.
Loyal Customer Base:

Enjoy the fruits of a loyal and growing customer base. Patrons are drawn to our restaurant for its outstanding reputation and a consistent commitment to delivering high-quality dining experiences.

History

Our choice to specialize in Asian noodles is rooted in a deep cultural understanding and a keen observation of the community's needs. As more residential buildings emerged in the area, we recognized the demand for a cuisine that is not only nutritious but also fast and convenient. In most Asian countries, noodle soup is a symbol of sustenance, representing a quick and fulfilling meal for busy individuals. Every Asian knows noodles, and our local patrons resonate with the comfort and familiarity that noodles bring to their dining experience.

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