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

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.