$128,000

Prominent & Profitable Japanese & Sushi Restaurant in proximity of Sunnybank (Perfect for 188A Applicants)

Short Summary

Popular & profitable Japanese cuisine & sushi business located in the most popular shopping hub of Sunnybank area with stable $11-$13K weekly sales.

Key Selling Points

  • Low Overheads
  • Low working capital requirements
  • Cashflow Positive
  • Strong year to year Sales
  • Strong year to year Profits
  • Low Rent
  • Long Term Lease in place
  • Simplistic business
  • Long-term Customers in place
  • 80% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location

This crowd-pleasing eatery is one of the most famous Japanese sushi restaurants in Southern Brisbane & situated in a prime location of the popular Sunnybank proximate shopping hub enjoying tremendous street exposure, visibility and foot traffic.

The business’s shop size is around 70M and has a seatings of close to 55 (inside and outside). There is a spacious commercial kitchen, ample storage, and a long lease in place (3×3) and supported by an effective and friendly landlord.

The restaurant not only offering classic sushi menu, but also traditional Japanese dishes and its fresh, delicious, and affordable Japanese cuisine attracts many customers as well as has a huge local loyal customer base.

Weekly sales are between $11,000 to $13,000 (might be lower during school term breaks) generating great annual income of close to $150,000 net profit for the owner. Rent is $1100 weekly including O/G. There are also many growth opportunities such as expanding quick grab-and-go takeaway meals for busy customers at lunch time etc.

This business is perfect for the Visa 188A applicants as it is easy to manage with reliable and experienced staff in place and all specialty menus have easy and systemised recipes.

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

Asking $128,000

Ref. no. BUY2363

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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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