PROFITABLE ASIAN RESTAURANT | MODERN FIT-OUT | STRONG CASHFLOW | LONG LEASE

$160,000
Description

PROFITABLE ASIAN RESTAURANT | MODERN FIT-OUT | STRONG CASHFLOW | LONG LEASE

- Gold Coast QLD

Short Summary

Profitable Asian restaurant with modern fit-out, loyal clientele, strong cashflow, long lease and genuine growth potential. Ready to operate.

Key Selling Points

  • Low Overheads
  • Low working capital requirements
  • Cashflow Positive
  • Strong year to year Growth
  • Low Rent
  • Long Term Lease in place
  • No Competition
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location
  • Short working week
  • Warm handover offered

An exceptional opportunity to acquire a well-established Asian restaurant with a loyal customer base, consistent cashflow and an outstanding reputation for quality food and service. This highly regarded business enjoys strong repeat patronage, excellent Google reviews and a well-established presence within the local community.

The current owner has further enhanced the business through substantial investment in new equipment and modern improvements, creating a stylish, efficient and fully equipped operation that is ready for immediate takeover. Buyers can step into a proven business with established systems, immediate income and minimal additional capital expenditure.

Ideally positioned within a busy suburban shopping precinct surrounded by a dense residential catchment, the business benefits from consistent foot traffic, ample customer parking and excellent visibility. The efficient premises of approximately 80 sqm has been thoughtfully designed to maximise workflow while comfortably servicing dine-in, takeaway and delivery customers.

FINANCIAL SNAPSHOT

  • Weekly Sales averaging approximately $8,000 (typically ranging between $6,000 and $10,000)
  • Weekly Net Profit approximately $2,300
  • Annual Net Profit approximately $115,000
  • Plus Owner’s Wage approximately $40,000
  • True Seller’s Discretionary Earnings (SDE) exceeding $155,000 per annum

Operating under a lean cost structure, the business maintains food costs of approximately 20% and weekly wages of approximately $1,600, delivering attractive returns for an owner-operator.

RECENT IMPROVEMENTS
Significant investment has already been completed, allowing a purchaser to commence trading immediately without further capital expenditure.

Recent upgrades include:

  • Modern refurbished interior
  • New commercial preparation table
  • New commercial refrigerator
  • New commercial grill
  • New commercial stove
  • Fully equipped commercial kitchen
  • Extensive refrigeration and freezer capacity
  • Plant and equipment with an estimated replacement value of approximately $200,000

All equipment is professionally maintained and presented in excellent working condition.

SIMPLE 6-DAY OPERATION
Trading only six days per week and operating approximately 50 weeks each year, the business offers an exceptional work-life balance while generating impressive returns.

The streamlined operation is ideally suited to:

  • Owner-operators
  • Couples
  • Family businesses
  • Experienced hospitality operators
  • Investors seeking a well-established operation

Experienced staff and established operating procedures provide a smooth transition for the incoming owner.

LEASE & SECURITY

  • Secure lease in place through to June 2031
  • Rent approximately $7,368 per month, inclusive of GST, outgoings and water

The long lease provides excellent security for future trading.

KEY FEATURES

  • Proven profitable business
  • True SDE exceeding $155,000 per annum
  • Modern fit-out with recently upgraded equipment
  • Plant and equipment valued at approximately $200,000
  • Fully equipped commercial kitchen
  • Approximately 80 sqm efficient premises
  • Prime suburban shopping centre location
  • Ample customer parking
  • Loyal repeat customer base
  • Excellent Google reviews
  • Established Facebook and Instagram presence
  • Existing customer database
  • Proven operating systems and exclusive recipes
  • Low food costs and efficient labour structure
  • Immediate income from settlement

GROWTH OPPORTUNITIES
Outstanding opportunities exist to further grow the business by:

  • Extending trading hours
  • Opening additional trading days
  • Expanding online ordering and delivery platforms
  • Introducing catering and corporate functions
  • Broadening the menu offering
  • Increasing local marketing initiatives
  • Leveraging the existing customer database
  • Continuing to grow the business’s social media presence

A motivated operator has genuine potential to increase both revenue and profitability while building on an already successful operation.

WHY BUY THIS BUSINESS?
Businesses of this calibre rarely become available.

Combining strong profitability, modern presentation, quality equipment, loyal customers, low operating costs and a secure long-term lease, this business offers an outstanding opportunity for an owner-operator, family business or experienced hospitality professional seeking immediate cashflow and future growth.

Whether you are expanding an existing hospitality portfolio or entering the industry with a proven operation, this business provides an exceptional platform with established systems, consistent earnings and significant upside.

Inspection is highly recommended.

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

Asking $160,000

Ref. no. BUY2632

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.


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Real Estate Agent's
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!
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Amy Wan
0498 229 813
Fluent English, Cantonese, Mandarin. Amy started her property consultancy career in 2001 and worked with a very prominent real estate agency with over 500 branches across China. During that time, she was based in Shenzhen China and was fortunately and repeatedly selected as the “best saleswoman of the year”. Amy started her own Real Estate business in 2005 and had two branches in one suburb in Shenzhen with around 30 sales persons working for her. She successfully built up the business to being one of the major players in the area with annual turnover of approx. AUD$2million. Her working philosophy is to nurture rapport with all her buyers and sellers and continuously connect with them even long after their related sales transactions are finished. Besides, she always likes to help them with non-business matters and treat them like her friends. As a result, she has successfully built up a network of connections with most of her businesses based on referrals. Amy has a deep and well connected network within the Chinese community both locally and abroad and seems to magically find buyers for every business whether it’s for her own client or one of our other team members! Amy is a highly motivated person and looks forward to helping connect you with the right results.
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