Vietnamese Restaurant -Wollongong -Net Profit $5,000 per week

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Private Seller Viet's Eatery

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Summary

A very busy Vietnamese restaurant is located in the center of Wollongong, and it retains profits of $5,000 to $8,000. Low rent, which is perfect for a family to run.

Revenue

$6,000 pw

Rent

$875 pw

Expenses

$200 pw

Net Profit

$5,000 pw

Location Details

234 Crown Street
It is located near the shopping center with heavy traffic and easy parking.

Potential

An excellent location in the heart of Wollongong to run your own family business, with low rent, high customer flow, and huge room for development.

Skills

Training available

Hours

Currently trading 6 days a week (9:00 AM – 8:30 PM, Friday to Wednesday)

Lease

New Lease with the landlord from 3 to 5 years

Employees

None

Reason for Sale

The owner wants to retire.

About the Business

- Positioned in the heart of the Wollongong

- Short walk from the train station and bus station

- Surrounded by successful cafés, retailers, and shopping center

- Currently trading 6 days a week which can be textend to 7 days a week for the owner

- Potential to open café service from 6:00 AM to cater to busy tradesmen/early clients

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