About the Business

Popular and Profitable Restaurant & Bar for Sale – Prime Chinatown Precinct, Melbourne CBD
This iconic restaurant and bar in Melbourne's vibrant Chinatown precinct is a rare opportunity for investors or hospitality entrepreneurs. With a seating capacity of 70, the business is renowned for its quality food, beverages, service, and ambience, and enjoys a strong and loyal customer base within the Melbourne community.

* Outstanding Reputation: Google reviews rating of over 4, based on 2,000 reviews.

* Prime Location: Situated in a bustling area with high foot traffic and a vibrant late-night atmosphere.

* Operational Hours: Open 7 days a week until late. Enjoy special lunch service from Friday to Sunday, with the potential to extend trading hours

* Permanent liquor license: Holds a rare 3am, 7-days a week liquor license

* Secure Lease: Current lease extends until 2031

* Strong Financial Performance: Under management with EBITDA of $800k in FY24. Average gross margin of 72% across the last two financial years.

* Growth Opportunities: Potential to expand lunch service to weekdays and leverage social media marketing for broader reach.

Contact: Albert Li
Phone: +61 2 8059 6815
Email: [email protected]