Local Chinese Restaurant/Takeaway in convenient busy Location

3 days ago

Private Seller

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Summary

In a bustling residential area with numerous shops and expanding resiention dwellings, the premises has a high volume of foot traffic.

Rent

$41,244 pa

Net Profit

$88,800 pa

Location Details

Randall Road

Potential

with loyal repeat customers that appreiate the locations long standing history of 28 years. There are menu expansion option available and teh low rent keeps overhead costs manageable

Hours

Business hours are up to the owner depending on traffic they get during different times of the day and week

Lease

Current lease to 31st Dec 2025 with the option of 1 x 5 years

Employees

Owner currently works full time with wages of $2,144 per week

Reason for Sale

Current owner wishes to retire

About the Business

This local Chinese Restaurant has been in business for 28 years and has been servicing they area of Wynnum since then. The local area has grown considerably over that time and continues to grow in terms of new residential dwellings and apartments being built every day.

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