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Restaurant business for sale in North Shore - Lower NSW

  • Restaurant
  • North Shore - Lower NSW
  • $195,000 (GST na)

Highly Profitable Asian Restaurant

Well established Asian restaurant with an exceptional reputation for authentic food.
$1M revenue (FY21)
$135K EBITDA (FY21)
Strong growth trend for FY22
Fully licensed
Dine-in for 65, plus takeaway and delivery
Currently 6 nights per week
Experienced qualified staff
Strong social media reviews
Loyal, returning customers
High spend per order
1+5 year lease, and 20-year relationship with the landlord

Fully-licensed with seating capacity for 65, it is regularly booked out. Reliable profit is from higherthanindustry average spend per customer. Over its 20 years, including the COVID-19 pandemic period, the business demonstrates resilience with dine-in, takeaway, and delivery. Recent months have had the highest sales on record. Latest sales exceed historic levels!

Situated in a dense, affluent residential area, the restaurant is on a busy road, highly visible for drivers and pedestrians, with ample parking nearby.

Authentic dishes are produced in the fully equipped kitchen using fresh and natural ingredients. All recipes are included. POS stores details for regular customers and their preferences important Know Your Customer (KYC)! Chef and wait staff are in place for the new owner. Everything is ready for a smooth and easy hand-over.

This is an exceptional opportunity for a new owner who wants to acquire a well-regarded, profitable business with identified growth potential.

Current owner is retiring, so contact me immediately to discuss your plans and this business.

Listing ID: NSW10085

Broker: Gary ReedPhone: +61 413 900 091Email: gary.reed@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at https://www.linkbusiness.com.au/businesses-for-sale/ca/NSW10085

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Hospitality, Restaurant, Licensed, BYO, Asian
Ref: NSW10085
Timestamp: 20220701030112

Business Highlights

Business ID2017891910
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  23 Jun 2022
Map for North Shore - Lower NSW
Map for North Shore - Lower NSWNorth Shore - Lower NSW

Business Highlights

Business ID2017891910
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  23 Jun 2022
Link NSW
201/28 Chandos Street St Leonards NSW 2065
Gary Reed
Link NSW
Gary Reed
Link NSW
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