LONG ESTABLISHED, HIGHLY POPULAR & PROFITABLE CHINESE RESTAURANT IN A HIGHLY DESIRABLE LOCATION OF GOLD COAST
Posted by: Henry Chow | November 15, 2024
Description
Long established, highly popular & profitable Chinese Restaurant in a highly desirable location of Gold Coast
- Gold Coast QLD
Short Summary
This popular suburban restaurant established 45 years ago and the quality of foods & services are outstanding to continuously attract customers.
Key Selling Points
- Established brand
- Recession proof
- Low Stock requirements
- Long term Management and Staff in place
- Strong year to year Sales
- Strong year to year Growth
- Low Rent
- Long Term Lease in place
- No Competition
- Long-term Customers in place
- 80% Repeat Work
- Best Location
- High foot traffic location
- High visibility location
- Proven trading through Covid
This long established, well-known and profitable suburban Chinese restaurant is tucked away in a beach nearby location which is highly desirable and considered as one of the prestigious suburbs on the Gold Coast.
Shop size of above 300M situated in one of the most popular Gold Coast suburbs and lined with a mix of excellent menu, also with a Liquor license. Present owner took over in 2019 and has continued its success by offering best customer service and offering traditional quality of ingredients, all freshly prepared, making their handmade dumplings and signature Chicken and Prawn broth bases, along with their famous fired rice made with pork or prawn using a secret recipe.
This prominent business has weekly sales $15K per week trading mainly evenings with a liquor license. The current lease expires 2029 (including options) with a crazily cheap rent of $2,000 weekly. One full time owner is mainly responsible as “kitchen chef assistance” and another part time owner mainly works at the front. This business has generated close to $300K net profit to the couple annually factoring in their wages. They are reluctantly to offload due to retirement. With the lovely husband and wife who wish to go back to China for retirement, it is a perfect opportunity for the new hands-on operators to come in and to continue its success.
This business is perfectly suitable for the Visa 188A applicant or any motivated restauranteur who would like to bring this business to the next new height by strengthening its marketing, expanding its trading hours and introduction of a bigger menu.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $198,000
Ref. no. BUY2445
Confidentiality Agreement
Property Features
Real Estate Agent's
- About
- Bio
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- About
- Bio
- Recent Listings
- LONG ESTABLISHED, HIGHLY POPULAR & PROFITABLE CHINESE RESTAURANT IN A HIGHLY DESIRABLE LOCATION OF GOLD COAST
- SEMI-UNDER MANAGEMENT, PROFITABLE AND ESTABLISHED CHILDREN’S PLAYLAND & CAFE LOCATED IN THE MOST POPULAR SOUTHERN SUBURB OF BRISBANE
- UNDER MANAGEMENT & PROFITABLE MANUFACTURER – WHOLESALER & RETAIL / HEALTHY BEVERAGES
- LICENSED CAFE SERVING BREAKFAST AND LUNCHES CLOSE AT 2PM
- $200K PROFIT LONG-STANDING POPULAR VIETNAMESE RESTAURANT IN THE VICINITY OF BUSTLING INALA
- NO COOK REQUIRED – CRAZILY CHEAP RENT, WELL-ESTABLISHED, PROFITABLE AND “KITCHEN-LESS” CAFE WITH HUGE POTENTIAL TO GROW
- LONG ESTABLISHED, POPULAR & PROFITABLE KOREAN FAMOUS CHICKEN LEGEND TAKEAWAY IN A SHOPPING HUB OF BRISBANE’S BUSTLING SUBURB
- UNIQUE, POPULAR & PROFITABLE BBQ/HOTPOT BUFFET IN ONE OF THE BEST SUBURBS OF BRISBANE
- $1.5M TURNOVER PA. – LONG STANDING, UNDER MANAGEMENT & PROFITABLE ASIAN CUISINE WITH 12-YEAR LEGACY IN SUNNYBANK AREA
- ATTENTION VISA APPLICANTS & CHEAP RENTAL HUNTERS – POPULAR ASIAN EATERY & TAKEAWAY WITH CRAZILY CHEAP RENT
- ATTN: REGIONAL AREA BUSINESS HUNTER – LUCRATIVE NAILS SALON AT HIGH FOOT TRAFFIC LOCATION
- PROFITABLE COURIER BUSINESS WITH A 2 TON CAPACITY DELIVER 9 VEHICLE & GUARANTEED WEEKLY INCOME WITH GROWTH POTENTIAL
- NSW REGIONAL AREA WITH $5.7M T/O pa. – LONG STANDING, HIGHLY PROFITABLE & SEMI UNDER MANAGEMENT SUPERMARKET
- ATTN: 491 APPLICANTS & CAFE HUNTERS – SUNSHINE COAST CRAZILY CHEAP RENT & HIGH PROFIT HAMBURGER/CAFE/TAKEAWAY 5 DAYS WORK
- $17K+ WEEKLY TURNOVER – BUSY, LONG ESTABLISHED & PROFITABLE BAKERY IN POPULAR PRECINCT
- ESTABLISHED HIGHLY PROFITABLE CAFE BAR IN A WATERFRONT SUBURB OF GOLD COAST
- ESTABLISHED, PROFITABLE & UNDER MANAGEMENT RETAIL/WHOLESALER – PACKAGING, DISPOSABLE TABLEWARE, HOSPITALITY & PARTY SUPPLY
- 37 YEARS OLD MASSAGE & ACUPUNCTURE ESTABLISHMENT OFFERING HOLISTIC NATUROPATHY SOLUTIONS WITH TAILORED NATURAL REMEDIES & SUPPLEMENTS
- UNDER MANAGEMENT, SUCCESSFUL & PROFITABLE YIROS BUSINESS FOR SALE IN THE NORTHERN SUBURB OF BRISBANE
- THRIVING BOUTIQUE OFFERING COLLECTORS’ ITEMS IN A COASTAL TOURIST HOTSPOT AT THE MOUTH OF BRUNSWICK RIVER
- SEMI-UNDER MANAGEMENT: LONG ESTABLISHED, PROFITABLE & BOOMING SEAFOOD CAFE LOCATED AT BRISBANE’S SOUTH WEST INNER NEIGHBOURHOOD NEARBY THE RIVER
- UNDER MANAGEMENT, HIGHLY POPULAR & PROFITABLE LANDMARK CAFE LOCATED AT THE UPMARKET AREA OF GOLD COAST (SUITABLE FOR 491 & 188A)
- ATTENTION CHEFS – A PROFITABLE & FUSION DRIVEN FINE DINER WITH MINIMUM INVESTMENT!
- ATTENTION TRADIES – WELL ESTABLISHED & PROFITABLE MINI BUNNINGS (BOLTS, NUTS & FASTENERS)
- WELL ESTABLISHED & PROFITABLE – FRIED CHICKEN, FISH & CHIPS & BURGERS BUSINESS LOCATED AT A NORTHERN BRISBANE PRIME LOCATION
- HIGHLY PROFITABLE & WELL-ESTABLISHED FISH & CHIPS BUSINESS CLOSE TO INDOOROOPILLY
- PROFITABLE, POPULAR & ESTABLISHED WATERFRONT PIZZA BAR – LIFESTYLE & GREAT INCOME/ONLY OPERATING 20 HOURS WEEKLY
- ATTENTION PASSIVE INCOME HUNTERS – THE “ONLY ONE” BUTCHER IN A BUOYANT SHOPPING HUB OF BRISBANE EASTERN SUBURB (RENT OR BUY)
- WELL ACCLAIMED, UNDER MANAGEMENT, PROFITABLE FLORIST LOCATED AT A UNIQUELY PRIME LOCATION OF GOLD COAST – REVENUE $1.25M PA
- UNDER MANAGEMENT INDUSTRIAL CAFE GENERATING 30% NET PROFIT – REVENUE $1.25M PA
- UNDER MANAGEMENT, HIGHLY PROFITABLE CAFE/BAR IN PRIME LOCATION OF SUNSHINE COAST – REVENUE $1M+
- CLOSE TO $1.3 MILLION ANNUAL SALES, UNDER MANAGEMENT, LONG ESTABLISHED & PROFITABLE CAFE IN BRYON BAY
- SEMI-UNDER MANAGEMENT (OWNER 10 HOURS WORK/WEEK), PROFITABLE & THRIVING SUSHI RESTAURANT IN THE TOURISTS HUB OF GOLD COAST (PERFECT FOR 491 & 188A)
- HIGHLY PROFITABLE NICHE, HAIR SALON IN THE VICINITY OF SUNNYBANK (PERFECT FOR VISA 188A)
- PROFITABLE & HIGHLY POPULAR LANDMARK CAFE FOR SALE (4 MINUTES TO SUNNYBANK), PERFECT FOR 188A APPLICANTS
- PROFITABLE, WELL-ESTABLISHED & HIGH EXPOSURE POULTRY RETAIL BUSINESS – BRISBANE NORTH (PERFECT FOR VISA 188A)
- UNDER MANAGEMENT, WELL-ESTABLISHED & PROFITABLE HEALTH FOOD & SUPPLEMENTS BUSINESS IN BUOYANT SUNNYBANKS AREA (SUITABLE FOR VISA 188A)
- WELL ESTABLISHED AND LUCRATIVE LANDSCAPE SUPPLIES BUSINESS IN GOLD COAST WITH CLOSE TO 3M ANNUAL INCOME
- OVER $1.2 MILLION ANNUAL SALES, SUPER PROFITABLE FISH & CHIPS LOCATED IN SUNSHINE COAST’S HIDDEN GEM BEACHFRONT
- PROMINENT & PROFITABLE JAPANESE & SUSHI RESTAURANT IN PROXIMITY OF SUNNYBANK (PERFECT FOR 188A APPLICANTS)
- LIFESTYLE OPPORTUNITY WORK 6 MTHS OFF AWARD WINNING MACADAMIA FARM
- GREAT WIWO DEAL – WELL ESTABLISHED CAFE OF BLEND PASSION AND PROFIT – 5 DAYS TRADE ONLY & NO CHEF REQUIRED!!
- WELL ESTABLISHED, UNDER MANAGEMENT & PROFITABLE CAFE BAR SITUATED IN THE MOST POPULAR SUBURB OF GOLD COAST
- CHEAPEST RENT & PROFITABLE CAFE IN THE PICTURESQUE GOLD COAST – NO CHEF REQUIRED!
- OVER $1.2 MILLION ANNUAL SALES, UNDER MANAGEMENT & PROFITABLE CAFE LOCATED IN AN EPOCHAL POSITION OF BRISBANE CBD
- 14 YEARS ESTABLISHMENT, RESPECTED & PROFITABLE HAIR SALON IN BRISBANE INNER CITY
- UNDER MANAGEMENT, PROFITABLE & BEST RECOGNISED CAFE LOCATED IN THE HUB OF SUNNYBANK & PERFECT FOR 188A VISA APPLICANTS
- REPUTABLE, 21 YEARS & VERY PROFITABLE CHINESE TAKEAWAY BUSINESS IN A POPULAR & GROWING SUBURB OF BRISBANE
- HIGH PROFITABLE & EXTREMELY POPULAR 23 YEARS OLD THAI RESTAURANT
- ESTABLISHED 20 YEARS, OLD FASHIONED SERVICE CAFE WITH BEST PIE IN TOWN AROUND EIGHT MILES PLAINS
- PIZZA HUT IN EXCELLENT LOCATION WITH STRONG GROWTH AND PROFITS
- WELL ESTABLISHED INNER CITY CAFE WITH HUGE POTENTIAL TO GROW (PERFECT FOR VISA 188A)
- UNDER MANAGEMENT & LONG ESTABLISHED BUTCHER BUSINESS IN SUNNYBANK (SUITABLE FOR 188A VISA APPLICANTS)
- UNDER MANAGEMENT & PROFITABLE CAFE IN GOLD COAST’S MOST AFFLUENT AREA. PERFECT BUSINESS FOR VISA 188A & 491.
- BUSY AND PROFITABLE NOODLE BOX IN GOLD COAST
- ATTENTION – 491 APPLICANTS / BOOMING MOBILE AND COMPUTER REPAIR SHOP (SUITABLE FOR 491 VISA APPLICANTS)
- THRIVING FAST FOOD BUSINESS IN THE CBD BRISBANE
- PREMIUM COMPUTER & MOBILES SUPPLIER
- LONG ESTABLISHED B2B WHOLESALE DISTRIBUTOR OF SNACK FOODS & IMPORTED CONFECTIONARY
- FAMOUS AND WELL-ESTABLISHED YUM CHA RESTAURANT IN GOLD COAST’S TOURIST HUB
- COURIER FRANCHISE RESALE SOUTHPORT
- SUNNYBANK BUSIEST HEALTH PRODUCTS STORE
- PROFITABLE DAYTIME ONLY INDUSTRIAL TAKEAWAY – FINISH AT 1 PM & NO WEEKENDS WORKS
- HIGHLY PROFITABLE AND SUCCESSFUL FRUIT AND VEG BUSINESS (SUITABLE FOR 188A VISA APPLICANT)
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