Located just minutes away from the heart of Moonah is this popular and well established Asian restaurant, surrounded by multiple business, schools and shops, positioned in a high traffic area. The The location is with great potential as it's near to the exit of Brooke Hwy when turning into suburb of Moonah and will be seen by almost all the locals passed by. The restaurant is fully equipped to serve customers day and night, with ample eat-in dining space to cater for large gatherings or special functions, enjoying a healthy turnover.
The restaurant has been well established, with the current owners building up a solid client base and fitting out the restaurant with all the necessary equipment to run the business with ease. All equipment is being sold with the business, consisting of a 900 litre grease trap, multiple fridges and freezers, a hot bar for serving hot food, huge double sink, gas cooktop with gas oven, multiple preparation tables including stainless steel benchtop, dining tables and chairs plus a tv screen.
There is also ample storage at the rear of the establishment along with bathroom facilities for diners. For the new owners of this establishment, there is HUGE potential to cosmetically makeover the shop area & frontage of shop, increase the dining space and extend trading hours to cater for breakfast, lunch and dinners, in addition to being setup to host special functions. Reach out to surrounding businesses and your client base, there are many opportunities to expand operations. Be your own boss, bring your creativity, your drive and passion and make this business your own.
There is also opportunity to create an outdoor garden dining experience, increasing your seating capacity and takings. Take advantage of the high traffic exposure and install your own signage to promote your business to the next level.
On the financial side, the restaurant has sustained turnover over the past financial years. There is a 6+2+2 long term lease in place, giving you peace of mind to focus on the running of the business. Expenses are controlled with the potential to increase revenues. Already established with Uber Eats and Hungry Panda, where some additional media exposure can assist to increase takings from these take-away services. Training will also be provided to the new owners.
All stock and equipment are included in the sale.
*****Highlights of the investment:
--Great location in increasingly popular suburb and stand-alone street frontage with high exposure
--Long term lease and competitive rent
--Potential to extend dining space both inside and outside
--Upgrading potential for shop-fitting and make it a gem and ins-style shop in Moonah
--Equiped commercial kitchen with all you need for fast food or dining food
--Backyard garden can be a potential have unique outdoor dining style
--Big potential in serving breakfast food with lots of trade business and furniture business surrounding(Currently the owner only do dinners from 5:00 pm )
--Cooking training will be provided if you'd like to continue Hunan Cuisine of Chinese food
