Sold $98,000

Sunnybank most popular Asian charcoal BBQ restaurant (suitable for 188a visa applicant)

Short Summary

Most favoured meeting hub for super & BBQ night snacks with atmosphere of a bar offering high quality menu & traditional northeastern chinese cuisine

Key Selling Points

  • Established brand
  • No Stock requirements
  • Cashflow Positive
  • Cash Cow!
  • Strong year to year Sales
  • Low Rent
  • Long Term Lease in place
  • 80% Repeat Work
  • High foot traffic location
  • High visibility location

This popular BBQ restaurant established 2 years ago, located in a high foot traffic location of Sunnybank’s best area has become a popular meeting place for dinner and night snacks offering BBQ snacks and northeastern authentic chinese cuisine. This well-established fully licensed BBQ restaurant is also a favoured drinking place for the locals.

It offers spacious dining area with outdoor seatings, located in a small shopping centre in the Sunnybank area with huge residential population. Cheap rent of $70,000 pa. (inclusive) & this cash cow is popularly reputed as one of the famous dining hot spots.

This business is perfectly suitable for visa 188a applicant who has a solid passion to grow this business with the training provided.

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

Asking $98,000

Ref. no. BUY2281

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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!
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