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Under Management Asian Noodle Bar Restaurant Business For Sale

Richmond, Victoria
Asking Price:
$500K - $1M (AUD)
Sales Revenue:
$1,020,000 (AUD)
Cash Flow:
Available on request

A very busy Asian Noodle Bar and Restaurant Business located in Richmond - a very popular and well known area for Asian food.

Well located on a main road through the area with easy access by public transport - a tram stop is just metres away from the door.

- Very busy restaurant turning over $85,000 per month.
- Trades 7 days: 9am to 10pm.
- Seating capacity of 45 inside.
- Run Under management with 2 full time staff and 7 part time staff as needed.
- Rent of $5,600 per month which includes a 3 bedroom apartment upstairs that is rented out, reducing rent costs.
- Secure Lease of 3x3.

Perfect investment opportunity as the restaurant is run under management and experienced staff are in place to continue operations. New owners do not need restaurant experience.

Property information

Real Estate:

Lease

Lease Terms:

Rent of $5,600 per month which includes a 3 bedroom apartment upstairs that is rented out, reducing rent costs.

Location:

A very busy Asian Noodle Bar and Restaurant Business located in Richmond - a very popular and well known area for Asian food.

Premises Details:

Seating capacity of 45 inside.

Business Operation

Expansion Potential:

Perfect investment opportunity as the restaurant is run under management and experienced staff are in place to continue operations.

Competition / Market:

Well located on a main road through the area with easy access by public transport - a tram stop is just metres away from the door.

Reasons for selling:

More Stores

Trading hours:

Trades 7 days: 9am to 10pm.

Employees:
Run Under management with 2 full time staff and 7 part time staff as needed.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

New owners do not need restaurant experience.

Contact Information

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