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Food, Beverage & Hospitality business for sale in Greensborough

  • Food, Beverage & Hospitality
  • Greensborough VIC 3088
  • $140,000 (GST na)

Greensborough's Booming Vietnamese

Are you looking for a profitable Vietnamese restaurant in an ideal location grossing $800,000 plus p.a ? On offer is an extremely successful dine-in and takeaway business bringing the tastes of Vietnam to the busy shopping district of Main Street Greensborough.

The business operates six days a week 11:00 am 10:00 pm. The food is very popular with locals that frequent the area and the employees of the many surrounding businesses. Dinner time is especially busy with locals wanting to dine out. The large size restaurant can accommodate over 90 people at one sitting.

The key business features are:

Majority of customers are regulars and there are a lot of them.
Steady significant turnover taking $15-18 K p/w.
Kitchen, furniture and fit-out are in great condition.
Liquor license.
Full commercial kitchen.
Inside and outside seating.
Downstairs office area.
Large delivery and storage area that can be sub-leased.
Located on the main road among major retailers, bus, train station and near Greensborough plaza with excellent exposure.

Why is this business successful?

Family owned and operated business that opened in 2012. The restaurant is well-known for generous, consistent quality meals at very reasonable prices. The restaurant is equipped to cater for functions and banquets boosting sales. The business has a liquor licence until 11:00 pm. The only reason the owners are selling is to concentrate on starting a family.

Located on the main road sees large volumes of cars, pedestrians and buses passing by, the restaurant is attracting new customers who become regulars after their first visit. The Greensborough location is expanding and with it comes major retailers bringing in shoppers from outside of the area. The surrounds are fast becoming trendy and popular in the evenings. The restaurant is in close vicinity to the Greensborough Plaza, The WaterMarc pools, Hoyts Cinemas and all the major banks. The success of this business is highly likely due to its population growth and development.

Staff are extremely friendly and helpful, new diners to Vietnamese cuisine enjoy their experience and have left great Google reviews. There are 2 part-time cooks, 4 casual wait staff and two owner-operators.

If you are looking for a profitable Vietnamese restaurant in an ideal location to expand or to own and operate, this business is a local favourite with a good clientele and excellent word of mouth.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.

Further Price Drop: 140,000 + SAV

Finn Business Sales
Greater Melbourne

Broker: Daniel Callegari | Mob: 0415 378 434 |

* Some pictures used are for advertising purposes only. Actual business images may not be shown.

Business Highlights

Business ID2015745730
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Last updated  11 Oct 2019
Map for Greensborough VIC 3088Greensborough VIC 3088
The Finn Group
Po Box 1484 Sunnybank Hills QLD 4109

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