$49,500 WIWO

Profitable & Spacious Asian Fusion Restaurant | Multi-Cuisine | Liquor Licence | Long Lease & Low Rent | Function-Ready

Short Summary

Well-established, popular and profitable Asian fusion restaurant – known for its vibrant menu, spacious dining layout, and impeccable service.

Key Selling Points

  • Established brand

  • Cashflow Positive

  • Strong year to year Sales

  • Strong year to year Profits

  • Low Rent

  • Long Term Lease in place

  • 80% Repeat Work

  • Best Location

  • High foot traffic location

  • High visibility location

A rare opportunity to acquire a well-established, profitable & highly regarded Asian restaurant offering a unique blend of Korean, Japanese, Thai, Taiwanese, & Southeast Asian cuisines — all crafted under the guidance of an experienced & respected restaurateur.

This popular venue has earned a loyal following for its authentic flavours, warm ambiance, and consistent quality. The restaurant is both spacious & versatile, with over 130 sqm of combined indoor & outdoor dining space, accommodating up to 80 seated guests, making it ideal for large group bookings, events, & private functions.

This business was established in January 2021 and is located in a sought-after dining precinct with a reasonable rent of $1,300/week (including GST & O/G) & a lease up to 2026 with 5 years option. This business enjoys a commanding presence, a loyal and diverse customer base, & a reputation for excellence across multiple Asian cuisines, including Korean, Japanese, Thai, Taiwanese, & a variety of Southeast Asian flavours.

* Multi-Asian Cuisine Offering: A diverse & innovative menu that taps into the growing demand for authentic, high-quality Asian flavours – appealing to a broad demographic of food lovers, families, groups, & regular diners.
* Liquor Licensed Premises: Fully licensed to serve alcohol, adding value to the dining experience & significantly enhancing average customer spend.
* Large, Versatile Dining Space: Over 130m² of combined indoor & outdoor space, seating up to 80 patrons, making it ideal for casual dining, group bookings, or fully catered private functions.
* Proven Profitability: Strong and consistent weekly turnover with healthy margins. Clear operational systems in place make this a seamless opportunity for hands-on or semi-passive ownership.
* Favourable Lease & Rent: Secure long-term lease with exceptionally low rent, allowing for high-profit retention & educed business risk.
* Fully Equipped & Staffed: Turnkey operation with a fully fitted commercial kitchen, quality equipment, & experienced staff who can support new ownership from day one.
* Strong Online & Local Reputation: Excellent customer reviews, a well-maintained digital presence, and a loyal local following ensure consistent business throughout the week.
*High-Visibility Location: Situated in a high-foot-traffic precinct with strong residential catchment, ample parking, & complementary surrounding businesses.
* Function-Friendly Venue: With its generous space & ambiance, this restaurant is frequently used for birthdays, corporate events, & private bookings – offering an additional revenue stream.

This biz offers a strong return on investment & is well-positioned for further growth – through delivery expansion, extended trading hours, or increased marketing. Whether you’re an experienced hospitality operator, an investor seeking a high-performing food business, or a 188A visa applicant looking for a profitable migration-compliant business, this opportunity ticks all boxes.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $49,500 WIWO

Ref. no. BUY2524

DISCLAIMER:

The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.

Confidentiality Agreement

























  • Drop files here or

    Accepted file types: jpg, gif, png, pdf, Max. file size: 200 MB.



    • Thank you!

      We post regular updates on Facebook. Make sure you don't miss out on opportunities by following us on Facebook!












    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
    Read More