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.
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