Sunshine Coast Well-Known High Profit Asian Restaurant for Sale $250000+stock

8 days ago

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Summary

Prime Location Cheap Rent high turn over good reputation Good profit

Revenue

$868,000 pa

Net Profit

$250,000 pa

Location Details

It is situated in a prime location in a booming development suburb

Skills

people skills
customer service skills
communication skills

Hours

Mon to Thurs 11am to 2:30pm; 4:30pm to 7:30pm
Fri 11am to 2:30pm ; 4:30pm to 7:45pm
Sat and Sun 4pm to 7:30pm

Lease

Ends 04/02/2034

Employees

12 casual staff

Reason for Sale

other plan

About the Business

Prime Location: Situated in a booming development area in Sunshine Coast 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 Thursday 11am to 2;30pm; 4:30pm to 7:30pm Friday 11am to 2:30pm; 4:30pm to 7:45pm ; Saturday and Sunday 4pm to 7:30pm
Cheap Rent monthly base rent $3731.42 +GST + outgoing $572.16 +GST
Lease ends 04/02/2034
rent increase 3% per year
Strong Financials:
Year 2025 turn over is about $868,000
Year 2025 net profit is about $250000
Well-Trained Team: Loyal and experienced staff ensure smooth operations.
Asking price $250,000 +stock

History

7 years

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