Brochures

$600,000

Famous and well-established Yum Cha restaurant in Gold Coast’s tourist hub

Short Summary

Well-established and famous Yum Cha restaurant located in a top tourist location of Gold Coast. Fully under management with zero owner’s involvement.

Key Selling Points

Established brand
Under Management
Non-hands on Owner
Strong year to year Growth
70% Repeat Work
A1 Location
High foot traffic location
High visibility location

This business is perfectly suitable for visa 188a application.

This famous yum Cha restaurant is located in the tourist hub of Gold Coast and has a reputation for fine Chinese cuisine.
The business has stable full time managers and well trained staff with zero involvement from the owner. Weekly income is very stable and above $30k with annual net profit close to $350k.
Any seasoned investor will find this opportunity attractive given with the financial return and passive income advantages.

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

Asking $600,000

Ref. no. BUY2227

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Property Features

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!

Famous and well-established Yum Cha restaurant in Gold Coast’s tourist hub

Confidentiality Agreement

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Property Features