YEARLY INCOME APPROX. $1.2M, LONG ESTABLISHED, UNDER MANAGEMENT, PROFITABLE & POPULAR VIETNAMESE EATERY IN ONE OF THE MOST BEAUTIFUL SUBURBS IN BRISBANE

Posted by: Henry Chow | April 14, 2025

$350,000 + Stocks

Description

Yearly Income approx. $1.2M, Long Established, Under Management, Profitable & Popular Vietnamese Eatery In One Of The Most Beautiful Suburbs In Brisbane

- Brisbane QLD

Short Summary

Under Management & Profitable Vietnamese Takeaway/Restaurant nested in one of most expensive suburbs in Brisbane with a median house price of $1.5M.

Key Selling Points

Under Management
Recession proof
Low Stock requirements
Cashflow Positive
Non-hands on Owner
Long term Management and Staff in place
Strong year to year Sales
Strong year to year Growth
Strong year to year Profits
Long Term Lease in place
High Profit Margins
Simplistic business
No Competition
80% Repeat Work
Best Location
High foot traffic location
High visibility location
Constantly knocking back work!
Short working week

This popular Vietnamese Eatery was setup in 2016 from scratch by its present owner and has earned not only an enviable reputation in the community, but also has been generating remunerative passive income for the owner with close to $1,200,000 sales income pa. with an annual netting of close to $380,000 (including the fees that the owner took to distribute to his family trust).

The business is located in the most buoyant district of Brisbane, situated in a heavy foot traffic spot in a busy street full of popular restaurants of different cuisines and neighbouring with popular local retail outlets, cafes and cinema. The shop’s position helps the business with the highest foot traffic and tremendous visibility whilst it attracts many regular and new customers due to its goodwill, reputation and most appetising food which brings the fresh flavours of Vietnam with a mouth-watering menu of authentic fare. Its signatures dishes and famous Vietnamese iced coffee, house-made lemon iced tea and young coconut juice are the best sellers through the years.

The restaurant is managed by an experienced full time Manager supported by a team of full time kitchen and customer services professionals. The owner is not required to be there and usually he only performs administration works or acting as an “All Rounder” in the absence of a staff member.

The shop has a long lease till 2026 June with 2×5 years options and a reasonable rent of $1,850 per week (inclusive of O/G and GST). Given with its popularity which boosts the reputation of the location overall, the landlord is very supportive and accommodating. This business only trades 6 days and close 4 weeks for holidays annually. There are rooms for future expansions such as more trading days and introduction of Uber Eats and online ordering etc.

Owner has a family reason to relocate overseas hence the selling and it is a perfect business for a motivated hospitality business person to continue its success and bring it to the next level of greatness. Also, this business is perfect for a migrant investor (Visa 188A) who is required to buy a profitable and “easy to manage” local business in order to satisfy his migration application requirement.

The seller is committed to offer an easy handover and smooth transitional period along with post settlement education to the buyer.

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

Asking $350,000 + Stocks

Ref. no. BUY2492

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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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(3) In the event of my/our making any disclosure to any employee or third party, I/We undertake to procure that such employee or third party prior to such disclosure agree to be bound by the terms of the Confidentiality Agreement in writing prior to disclosure of the Confidential Information or any part thereof and a copy of such written acknowledgement shall be filed with the Agent immediately prior to such disclosure. (4) In the event that after consideration of the Confidential Information, I/We do not purchase or make an investment in the Business/Property, I/We will forthwith return the said Confidential Information together with any copies, notes thereof (or any part thereof) or any documents containing extracts reproduced there from made by or on behalf of us, and delete all electronic records. Furthermore, I/We will maintain the confidentiality of such information and not use the same for any purpose. 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Property Features

Real Estate Agent's

About
Bio
Recent Listings

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!

About
Bio
Recent Listings

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.

Henry Chow April 14, 2025 Comments Off

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YEARLY INCOME APPROX. $1.2M, LONG ESTABLISHED, UNDER MANAGEMENT, PROFITABLE & POPULAR VIETNAMESE EATERY IN ONE OF THE MOST BEAUTIFUL SUBURBS IN BRISBANE

Description

Yearly Income approx. $1.2M, Long Established, Under Management, Profitable & Popular Vietnamese Eatery In One Of The Most Beautiful Suburbs In Brisbane

- Brisbane QLD

Confidentiality Agreement

Thank you!

Property Features

Real Estate Agent's

Henry Chow

Amy Wan

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