Summary
Family-run Asian restaurant held for 14 years with loyal customer base, fantastic reputation in the local community and stable weekly income, even during COVID lockdowns. Seating capacity of 40 people
Location Details
8 Hannah Street, Beecroft
Beecroft is a beautiful and affluent suburb. The restaurant is conveniently situated opposite the Beecroft Train Station within the busy Beecroft Shopping Village which has a large carpark and is surrounded by family homes and new upmarket apartments
Potential
Restaurant has steady dine-in and takeaway trade. Takeaway orders are currently pick-up only because there are more than enough orders for the single chef to produce without adding delivery orders. This creates substantial potential for a new owner to expand into delivery services such as Uber Eats, Deliveroo or MenuLog
Skills
Ideally suited to a couple with experience running a small restaurant with additional part-time or casual staff added when needs arise. New owners would need to include a qualified chef with the required NSW Food Safety qualifications
Existing owners are willing to provide an extensive handover/training period to ensure the success of the new owner
Hours
Currently open 7 nights and 3 days
Lease
Existing lease matures in April 2023 but includes a 5-year Extension Option
Employees
2 Full Time (owners) and 2 casual staff on Fridays and Saturdays
Reason for Sale
Vendors would retire if suitable offer is presented
About the Business
• Reasonable rent under existing lease and Extension Option period, if exercised
• Fully-equipped modern kitchen rebuilt in 2009
• Well-decorated and intimate dining setting with seating capacity for 40 guests
• Steady dine-in and takeaway trade
• Potential to grow and option to convert to any cuisine type
Vendors are open to offers. Please contact Alice on 0410 313 838 for more information or expressions of interest
History
Current owners have held the restaurant for 14 years but the Asian restaurant has been operating at the site for over 30 years
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