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Food, Beverage & Hospitality business for sale in Dandenong

  • Food, Beverage & Hospitality
  • 49 Outlook Drive Dandenong VIC 3175
  • Contact Agent

Chinese Restaurant With Dine-in And Takeaway Established 37 Years

Phone enquiries - please quote property ID 21311.

This is an exceptional opportunity to purchase this well-known and well respected Chinese Restaurant in Dandenong, south eastern suburbs of Melbourne which has been in operation for 37 years. Restaurant is located in a retail shopping strip including supermarket , medical services, 24/7 gym , etc.

Currently run by a husband and wife team and one part time staff, trading only 20 hours per week (Wednesday to Sunday from 5.00pm to 9.00pm) a huge opportunity exists for new owners to trade additional hours. Owners are looking to retire so please take this opportunity to secure your future and have time spare.=

This is a sound and profitable business with gross takings approx. $5000 per week, low rent available with an existing and loyal client base and would suit a family run business. Additional opportunity exists for new owners to tap into Uber Eats, Menulog etc.

Majority of revenue is generated from takeaway with the balance from dine-in. There is seating for 45 people in total.

The price for existing business is $75000 and will suit a young family with children .Price could be negotiated with the current economic climate .

Main items include:-
* Walk in cool room (approximately 2m square)
* Combination Steam Oven In excellent condition
* 5 burner wok table
* Stainless Steel Bench Tops
* Commercial dishwasher
* Cash register
* Tables, chairs, cutlery, crockery, tablecloths
* Existing Website in place.
* BYO licence

Following purchase of the business a lease of 3 or 5 years with options is available, rental is approximately $450 per week plus GST and outgoings.

Great opportunity exists to purchase an established and profitable Chinese restaurant business . Hurry to secure your future.Those who are looking to further their investment can also purchase the freehold plus all fittings and business for a modest price of $450000 plus GST . GREAT OPPORTUNITY SO BE QUICK TO SECURE YOUR FUTURE.

Owners are more than happy to help in the transition period to ensure a good take-over. The business is well supported by the locals, so a smooth transition is recommended.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property

Business Highlights

Business ID2015419847
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Last updated  27 Sep 2019
Map for 49 Outlook Drive Dandenong VIC 3175
Map for 49 Outlook Drive Dandenong VIC 317549 Outlook Drive Dandenong VIC 3175
No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property

Business Highlights

Business ID2015419847
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  27 Sep 2019
No Agent Property
Suite 1a, 608 Hawthorn Rd Brighton East VIC 3187
No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property
No Agent Property - VIC

No Agent Property - VIC

No Agent Property

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