Under Management Asian Cafe and Restaurant Business for Sale

7 days ago

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Internal Ref: B13524

Summary

This Asian Restaurant/Cafe Business for Sale has an excellent location in an arcade on the main road in Toorak.

Revenue

$7,500 pw

Rent

$1,142 pw

Hours

Trading 7 days - Monday to Friday 10am-9pm. Weekends 11am-9pm

Lease

3x3x3

Employees

Run under management - 2 FT and 1 PT staff

Reason for Sale

Family

About the Business

This Asian Restaurant/Cafe Business for Sale has an excellent location in an arcade on the main road in Toorak. It is easily accessible by public transport and there is huge amounts of passing traffic daily. This cafe has a corner location facing the car park, which provides plenty of parking space for customers.

Serves Vietnamese cuisine and other Asian delicacies in a sizeable, well fit out dining room.

Open from 10am to 9pm it does a good lunch and dinner trade. Only serves Vietnamese coffee at the moment, so there is potential to introduce breakfast service and a coffee machine.

• Seating capacity of 30 inside and 6 outside
• Huge commercial kitchen and walk in coolroom
• Signed up with Uber eats for delivery service
• Run under management with 2 full time and 1 part time staff
• Trades 7 days: Monday to Friday 10am to 9pm, Saturday and Sunday 11am to 9pm
• Turnover of approx. 7,500 per week
• Rent of $1,142 per week including GST and outgoings
• Lease options of 3x3x3

Makes a great investment, as it is run under management and experienced staff are in place to continue operations. Would also make a good family business to own and operate.

Well worth an inspection.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on on 9566 7300 or elle@absolutebb.com.au

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