Restaurant - North East Melbourne

11 days ago

Location:
Melbourne 3000 > Melbourne > Victoria

Investment level:
$150,000 (Negotiable)

Type:
Business

Industry:
Food & Drink > Coffee, Cafes & Restaurants

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Summary

Restaurant - Takeaway - Chinese Cuisine - North East Melbourne

Rent

$39,208 pa

Net Profit

$190,320 pa

Potential

Could do catering and events to boost sales- Could open 7 days. - Could use or rent out the rooms upstairs. - New supermarkets opening nearby in 2017.

Hours

5 days - Wed. - Sun. - 11.30 a.m. - 2.30 p.m. for lunch and 5 p.m. - 9 p.m. for dinner.

Lease

5 year lease commenced Dec. 2012. - No security deposit. -Standard C.P.I. increases. - New l

Employees

2 owners + 1 casual + 1 driver.

About the Business

Restaurant - Takeaway - Chinese Cuisine - North East Melbourne

SBX Business Code: SW1074
Restaurant - takeaway serving full range of Chinese cuisine including mains, takeaway dishes, entrees, etc. - Excellent designed dining area is perfect for family and private events. - Full kitchen - 60 seats inside.

Potential
Could do catering and events to boost sales- Could open 7 days. - Could use or rent out the rooms upstairs. - New supermarkets opening nearby in 2017.

Features
Long established for more than 20 years - Good location - Well known by locals - Loyal return customers. - Accommodation attached.

Premises
Neatly fitted out premises with an area of 100 sq. mts. and accommodation rooms upstairs not being used.

Location
Situated on main street North-East of Melbourne.

Trading Hours
5 days - Wed. - Sun. - 11.30 a.m. - 2.30 p.m. for lunch and 5 p.m. - 9 p.m. for dinner.

Lease
5 year lease commenced Dec. 2012. - No security deposit. -Standard C.P.I. increases. - New lease available.

Employees
2 owners + 1 casual + 1 driver.

Comments
The restaurant has 4 bedrooms and 1 bathroom upstairs not currently being used.

SBX Business Code: SW1074

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