Summary
Weekly sales $22,000 - Net profit of $150,000pa - Run under semi-management - Great location - Minimal staff required - Ideal for Visa buyers - Sublease in place which reduces the rent by $550pw
Location Details
1042 Western Hwy
Reason for Sale
The business is suitable for either an experienced hospitality operator or a first time Visa buyer, as all procedures and written recipes are included in the sale of the business, plus the venue runs under semi management so no prior experience is required and full training can also be provided.
About the Business
Kimasu is a modern Asian Eatery that has become a local institution- delivering some of the best poke bowls, rice bowls, noodle bowls, sandwiches, loaded fries, waffles & bubble & milk teas in the West.
BUSINESS HIGHLIGHTS:
Weekly sales $22,000
Net profit of $150,000 pa
Modern fitout with seating for up to 40 inside
Run under semi-management (minimal vendor involvement 10 hrs pw approx.)
Large double shopfront, secure long lease with 12 years remaining
Great location in high foot traffic area within Westsprings Central
Minimal staff required – during peak times 3 in kitchen & 2 Front of House
Experienced team in place so no prior experience is necessary
Excellent commercial kitchen with large prep areas, grease trap, fryers & walk in cool room
All systems and procedures in place - ideal for Visa buyers
Simple and high profit business model with full training provided
Sublease in place to Noshy Bingsu Bar which reduces the overall rent down by $550 a week
PRICE: $295,000
Kimasu is distinctly Melburnian and has a built up a cult like following for its delicious modern Japanese inspired menu consisting of poke bowls, rice bowls, noodle bowls, sandwiches, loaded fries, waffles & bubble & milk teas. Located in a high foot traffic position at Westsprings Central in Caroline Springs. Kimasu is easily identified by its cool neon signs, refined minimal modern fitout and friendly and efficient service. Kimasu is open for dinner 7 nights + lunch from Thursday - Sunday. The venue has seating for up to 40 inside and the business also does a large amount of its sales via takeaway & Uber Eats delivery.
The menu at Kimasu is designed to have customers eating and out the door in a timer manner which is also great for turning over tables, particularly during peak times. The menu has a great selection of their signature poke bowls using a variety of different proteins, plus a great delicious range of sweet waffles, bubble & milk teas to finish. The business has a secure long lease in a double shopfront and with affordable rent, especially for its high-profile location within the busy hospitality precinct of Westsprings Central. From the 1st of October, Kimasu have just subleased a small unused space within the shop to Noshy Bingsu Bar, who are well-known for their shaved ice cream desserts. This sublease will complement the Kimasu offering perfectly as well as reducing the overall rent down by $550 a week, which will make Kimasu even more profitable over summer.
History
Strong profit margins, simple business model and consistently rated one of the top Poke Bowls in the West, make this opportunity to good to miss! With excellent online reviews, all the hard work in building up the Kimasu brand and reputation has been done. The business concept and fit out are both well thought out yet simple to run, making it the perfect model to possibly franchise and roll out multiple new stores with ease, if so desired. Call Karli to inspect 0409 965 540.
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