This Asian/Vietnamese restaurant and takeaway business for sale has an excellent location in Windsor/Prahran – a well known dining area. There is a good residential and business/commercial mix in the area and a number of learning and training institutes and a community centre nearby. It is easily accessible by public transport and there is ample parking for customers.
• The beautifully fit out dining room has seating capacity of 75 with seating for 12 more outside.
• Has a liquor licence until 1am.
• Trading 5 days per week nights only, 5 to 10pm.
• Established only 3 years and showing solid turnover of $10,000 per week.
• 75% of turnover is from food and 25% from alcohol.
• Run under management with 3 Full time staff and 5 Part time staff.
• Large storage area upstairs with 3 rooms (could be converted in to a residence).
• Rent of $1,269 per week for a city fringe location.
• Secure lease of 5×5.
Plenty of potential in this business – new owners could choose to keep operating as is or change to any other cuisine, choose to work in the restaurant themselves and save on staff costs. The large upstairs area could be used as a residence or rented out to reduce rent costs.
For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300 or via email at firstname.lastname@example.org