Iconic Chatswood Small-Scale Restaurant - Long Lease, Turnkey Opportunity

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Summary

Seize this rare chance to secure a fully equipped restaurant space in the heart of Chatswood. Hu's Inn has been established since 2013 and has a proven track record as a popular culinary destination

About the Business

Seize this rare chance to secure a fully equipped restaurant space in the heart of Chatswood. Hu's Inn has been established since 2013 and has a proven track record as a popular culinary destination and is now available for the first time.

The site offers a turn-key operation featuring a compact yet highly efficient 27sqm shop equipped with a fully functional kitchen. Designed for maximum versatility, the layout supports both dine-in and takeaway services, boasting a total capacity of 26 seats (16 indoor and 10 outdoor).

The cost to set-up a similar type of shop in Chatswood will be ranging in the $200K, so at this price it is an ideal, low-risk entry point for an operator looking to establish a presence in one of Sydney's premier dining precincts without the capital intensity of a large-scale fit-out. New owner is free to change to whatever cuisine they want.

Lease is in place until 2030 and the annual rent is $73521.71 inc GST.


Note: Only the shop assets (fit-out, equipment) is for sale, not the business. Please fill out the confidentiality agreement to get a copy of the lease and other information. 

Equipment list

- 2 air conditions fitted (1 MITSUBISHI Heavy Industry in dining area & 1 GREE in kitchen area)

- 2 Goldstein GAS 20L deep fryers

- 1 Goldstein 4 burner cooktop

- 2 ROBAND hot plates

- 1 STOCKMAN ice machine

- 1 BOEMA 2 group head coffee machine

- 1 HAIER chest freezer

- 1 WESTINGHOUSE dual sided fridge (half freezer, half fridge)

- 1 ANVILLE Commercial under bench fridge

- 1 ANVILLE glass display fridge (currently not used as fridge but storage, can be repaired if wish to utilise it)

- 2 Tiger & 1 Cuckoo rice cookers

- 1 SMEG Microwave

- 1 NESPRESSO coffee machine

- 1 CHUBB OMNI safe (bolted into ground)

- NRMA B2B Alarm system

- Surveillance camera & recording system installed

To find out more on the business, please contact Canaan on the enquiry button or contact on [email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Canaan is a licensed business broker with over 13 years of experience in selling all types of businesses throughout NSW

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