Summary
Sales of $1.37M pa - Net profit of $243,000 p.a - Semi-managed with experienced team in place - 9 year lease and rent of $61K pa - Fully Licensed until 11pm for up to 74 patrons - Open 6 days
Location Details
161 Sydney Road
About the Business
Prime Brunswick Hospitality Gem - Location, Location, Location!
Nestled in the heart of Brunswick’s vibrant Sydney Road dining precinct, Hanoi Rose is a Melbourne favourite, serving up some of Melbourne’s best and most authentic Vietnamese cuisine with a modern twist. Known for its fresh, flavourful dishes and bustling atmosphere, this well-established eatery has cemented itself as a go-to destination for both locals and foodies across the city.
Impressive Fit-Out & Versatile Dining Space. Step inside to find a stylishly designed restaurant that perfectly balances warmth and sophistication. With seating for up to 74 patrons and a full liquor license until 11pm, 7 days a week, Hanoi Rose is a hotspot for group bookings and private functions. The spacious back room offers the perfect setting for large events, making it a versatile and in-demand venue.
Turnkey Opportunity – No Prior Experience Needed!
This is a seamless, ready-to-go business for any buyer—whether you’re an industry veteran or a first-time owner. No prior experience is required, as full training and handover will be provided. All recipes, supplier contacts, and day-to-day operating procedures are documented, ensuring a smooth transition and continued success for the next owner.
BUSINESS HIGHLIGHTS:
- Strong Sales – $1.37M+ in 2023/24 and growing year on year
- Highly Profitable – Net profit exceeding $243,000 p.a.
- Semi-managed – with an excellent and experienced team in place
- Loyal Customer Base – A local favourite with a stellar reputation
- Secure Lease – 3 x 3 x 3 years (commenced Nov 2023) with affordable $61K annual rent with 3.5% annual increases and a market review at the start of each new term
- Fully Licensed – Until 11pm, 7 days a week
- Quality Fit-Out – All equipment in excellent condition & included in the sale
- 6-Day Operation – Open 12pm - 9:30pm (Closed Tuesdays)
- Fully Equipped Commercial Kitchen – Includes grease trap, walk-in cool room & separate prep area
- Strong Social Media Presence – Great online reviews & industry write-ups
- Well Established - With an excellent reputation throughout Melbourne
- Unique Business Model – Provides a real point of difference & competitive advantage
- Full Financials Available – Once qualified, serious buyers can review all financial reports
Price: $450,000 + stock
To inspect call Karli 0409 965 540.
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