Summary
Own a thriving 40+ year Chinese restaurant with freehold in West Wyalong. Includes full fit-out, licensed bar, upstairs rooms, and secret recipes. Huge potential for growth or redevelopment.
Revenue
$490,734 pa
Rent
$0 pa
Expenses
$162,249 pa
Net Profit
$176,663 pa
Location Details
151 Main Street
Prime location at 151 Main Street, West Wyalong in the Riverina region. Positioned in the town's central business hub with high foot traffic, easy parking, and walking distance to key amenities like supermarkets, post office, and retail stores.
Potential
Located in the heart of West Wyalong’s bustling main street, this property offers outstanding growth potential. Expand trading hours, modernise the menu, or launch a delivery services to boost revenue. The upstairs area presents a unique opportunity for renovation into boutique accommodation, function rooms, or a private residence. With flexible space, a loyal customer base, and prime location near key amenities, it’s ideal for evolving into a multi-purpose hospitality hub or destination venue.
Skills
Success in this venture suits those with hospitality or restaurant management experience, strong customer service skills, and a passion for quality cuisine. Culinary expertise is a bonus, especially in Asian cuisine, but not essential with current systems and recipes in place. Business acumen, leadership, and the ability to oversee staff, ordering, and compliance are key. Ideal for owner-operators, family teams, or investors ready to build on an already thriving and reputable foundation.
Hours
Operating hours: Tuesday to Sunday, 12:00PM–1:30PM lunch and 5:30PM–8:00PM dinner. Closed Mondays.
Lease
No lease required — freehold sale includes the building, land, business, and all equipment. Own and operate outright.
Employees
Family-owned and operated with a small, reliable team of local staff assisting during service hours. Strong community ties ensure access to enthusiastic, trainable staff and a supportive local workforce ready to assist in daily operations.
Reason for Sale
After proudly operating this beloved family-run Chinese restaurant for over 40 years, the current owners are ready to retire and begin a new chapter in life. With deep roots in the West Wyalong community, this decision comes from a genuine desire to pass on a thriving business to someone passionate about hospitality. This is a rare opportunity to take over a well-established and successful operation, complete with property, loyal customer base, and everything needed to continue the legacy.
About the Business
This is a rare opportunity to own one of West Wyalong’s most iconic hospitality venues — a highly reputable, family-owned Chinese restaurant with a rich history spanning over four decades. Since opening its doors more than 40 years ago, the restaurant has built a strong and loyal customer base, becoming a much-loved institution in the heart of this vibrant Riverina town. Known for its authentic Chinese cuisine and warm, attentive service, it continues to thrive as both a local favourite and a destination for travellers seeking a quality dining experience in a welcoming country town setting.
The restaurant operates from a character-filled, heritage-listed building that once served as a hotel. Full of old-world charm and located in a prime position at 151 Main Street, the freehold property includes both the ground-floor restaurant and upstairs hotel-style rooms with renovation potential. With high foot traffic, excellent visibility, ample parking, and close proximity to supermarkets, the post office, newsagents, and other local services, it offers one of the best locations in town for hospitality or business ventures.
This turnkey operation is fully equipped and ready for a new owner to step in and trade immediately. Included in the sale are extensive commercial kitchen appliances such as wok burners, deep fryers, ovens, cool rooms, fridges, dishwashers, and stainless steel workspaces. Generous seating for up to 160 guests, separate dining areas, and a fully licensed bar add to the venue's appeal for dine-in service, events, and functions.
Currently trading six days a week (Tuesday to Sunday, with both lunch and dinner service), the business offers immediate income and operational stability. A small but reliable team of local students support the day-to-day service, reflecting the restaurant’s strong community ties and reputation as a local employer. With well-established systems in place, the business is suited to owner-operators, family teams, or hospitality investors alike.
Whether you’re looking to continue a well-established operation with a rich local history or create something new in a flexible, high-potential space, this business delivers on all fronts. With a proven track record, strong community support, a landmark location, and significant upside for growth, it offers the perfect foundation for your next hospitality venture.
The stated financials are based on 8.5 months of trade for the past FY.
Enquire now to arrange a private inspection and discover the opportunity for yourself.
History
This iconic Chinese restaurant has been a cornerstone of West Wyalong’s dining scene for over 40 years. Family-owned and operated since its inception, it has built a stellar reputation for authentic cuisine, warm hospitality, and strong community ties. Located in a heritage-listed building once used as a hotel, the business has evolved while maintaining its traditional charm. With decades of loyal patronage and consistent success, it stands as a testament to quality, dedication, and local legacy.
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