Summary
Prime Location Cheap Rent high turn over good reputation Good profit
Revenue
$1,000,000 pw
Net Profit
$380,000 pw
Location Details
It is situated in a prime location in a booming development suburb
Skills
people skills
customer service skills
communication skills
Hours
Monday to Sunday 11am to 7:30pm
Lease
5 + 5 years
Reason for Sale
other plan
About the Business
Prime Location: Situated in a booming development area surrounded by a medical center, childcare facilities, a supermarket, schools and university.
Consistent Popularity: A go-to spot for locals seeking authentic Asian dishes, including dumplings and noodles.
Convenient Hours: Open 7 days a week, Monday to Sunday, from 11:00 AM to 7:30 PM.
Affordable Rent: Rent is exceptionally low, at approximately 4% of total sales, with a secure 5+5 year lease in place.
Strong Financials:
Average weekly sales exceeding $20,000.
Net annual profit for the past three years averages nearly $400,000.
Well-Trained Team: Loyal and experienced staff ensure smooth operations.
Asking price $2988,000 +stock
History
6 years
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