BEST ASIAN RESTAURANT NET PROFIT $170K PA 5 NIGHTS ONLY NO BREAKFAST NO LUNCH – IDEAL FOR VISA! CAN DO QUICK SETTLEMENT!

Posted by: Nicole Nguyen-Iffland | May 9, 2024

Sold $199,000

Description

Best Asian Restaurant Net Profit $170k pa 5 Nights Only No Breakfast No Lunch - Ideal for Visa! Can do Quick Settlement!

Sold - Gold Coast QLD

Short Summary

Very popular restaurant in rich suburb. Very CHEAP rent! Excellent location and Fitout.

Key Selling Points

Short hours
Low Overheads
Low Stock requirements
Cashflow Positive
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Growth
Strong year to year Profits
Low Rent
High Profit Margins
No Direct Competition
Strong Social Media following
Ideal for 491 Visa

You can do any food you like in this restaurant with full commercial kitchen. First class fitout. Very high class feel and attractive for wealthy customers. Nothing more to spend! You can make double your money if you open for breakfast and lunch too! Very good reputation. No direct competition. Ideal for Chef and Family.

Property is also available for purchase if you want to sell the business and earn rental income later down the track when you’re ready to retire. This is a very good buy for such good income!!!

Asking Price $199,000 plus stock at value 5k to 10k approx.
Property also available for additional $749k.

Landlord is also the Seller of this business so we can make a quick settlement for Visa Buyers!

Contact Nicole Nguyen-Iffland 0423 161 995 | Giang Nguyen 0404 007 202

Asking $199,000 + Stock at Value 5k to 10k

Ref. no. BUY2299

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CONFIDENTIALITY AGREEMENT. Interpretation: (a) "Recipient" means the party referred to in this Confidentiality Agreement and includes all parties described in any Items Schedule and/or Contract of Sale, and/or Heads of Agreement, and/or Purchase Agreement, and/or Deed, and/or any Agreement which results in the Recipient, and/or heirs, and/or executors, and/or administrators, and/or successors and/or assigns either directly or indirectly having any consideration and/or interest in the Business and/or Property (hereinafter referred to as "Agreement"); and in the event the Recipient uses a new or related legal entity, or has a change in identity or name; or a Controller, or Liquidator, or Administrator, or Trustee, or Executor is appointed, then the Recipient shall refer to the new or related legal entity, change in identity or name, or the Controller, Liquidator, Administrator, Trustee, or Executor as the case may be. 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Nicole Nguyen-Iffland

0423 161 995

Fluent English. Since 2004, Nicole has become a familiar name and face in business sales within the Gold Coast and surrounding areas and receives referrals daily from Sellers, Accountants, Solicitors and even Buyers to help business owners sell their business. Nicole’s background is similar to Peter being a husband and wife team. Everything from previously owning an Import Wholesale business through to managing a Take-Away Shop, Agricultural Farm and Online Marketing Business. Today, she manages and oversees Gold Coast Business Brokers and works closely with the team to make sure everyone is working together to get businesses sold and our 5 Star Rating stays exactly there!

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BEST ASIAN RESTAURANT NET PROFIT $170K PA 5 NIGHTS ONLY NO BREAKFAST NO LUNCH – IDEAL FOR VISA! CAN DO QUICK SETTLEMENT!

Description

Best Asian Restaurant Net Profit $170k pa 5 Nights Only No Breakfast No Lunch - Ideal for Visa! Can do Quick Settlement!

Sold - Gold Coast QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent

Nicole Nguyen-Iffland

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