Brochures

$169,000

MOST POPULAR ASIAN TAKEAWAY IN PACIFIC FAIR - WELL ESTABLISHED, PROFITABLE & SEMI UNDER MANAGEMENT

Short Summary

Famous, profitable & semi under management Asian takeaway situated in the highest foot traffic location at Pacific Fair’s bustling food court.

Key Selling Points

Under Management
As close to Passive Income as you can get!
Low Overheads
Cashflow Positive
Long term Management and Staff in place
Strong year to year Growth
Strong year to year Profits
Simplistic business
No Competition
90% Repeat Work
Best Location
High foot traffic location
High visibility location
Booming Business!

This popular Asian eatery has earned a strong reputation for excellence operating under a semi under management model nested in the busiest food court in Gold Coast’s Pacific Fair Shopping Center. It has been established long time and trading under a well-loved and widely respected name, benefiting from its high promotional activity and its delicious menu as well as a strong brand identity. It is not a franchised business.

Owner works there part-time only to help as a relief and is supported by a full time staff and a number of causal staff offering the friendliest service and mouthwatering selections of sizzling dishes, noodles, fired rice, dumpling and buns etc. Most of the food are freshly made on site and use only the finest produce for its wide range of tasty selections.

No chef is required as all the preparation procedures are in place and created with most simplicity to adhere to the “anyone can run it” operational philosophy. The entire menu is formulated by highly qualified eatery professionals with the best experience in the industry providing the classic and seasonal choices range menus to suit the local foodies.

This business is the popular destinations not only for the locals and tourists, but also the delivery staff of Uber Eats & DoorDash etc. Given with its location, the monthly rent is reasonably ballpark at $17,000 (inclusive of GST, Promo & O/G). This business generates $30,000 weekly sales during peak season and $15,000 weekly sales during slow periods. An averaged of $17,000 weekly income brings about over $230,000 annual netting to the owner (including owner’s wage of $1,800/weekly).

Due to family decision to relocate overseas, the owner is reluctantly to offload and committed to offer a “hassle-free” handover and post settlement training to the buyer. The business is perfectly suitable for the 188A Visa applicants or motivated entrepreneur who wants to create best ROI in the Gold Coast booming hospitality domain.

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

Asking $169,000

Ref. no. BUY2473

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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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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!

MOST POPULAR ASIAN TAKEAWAY IN PACIFIC FAIR - WELL ESTABLISHED, PROFITABLE & SEMI UNDER MANAGEMENT

Confidentiality Agreement

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Property Features