One of Melbourne's most respected and well known businesses is now available for sale.
Situated just 10 minutes outside the CBD in Melbourne's north west this iconic restaurant has been run by the same owner for 27 years. Its name is synonymous with tasty, cheerful and a value packed dining experience. It has been an institution in Melbourne's dining scene since 1989. Being centrally located and loved by locals for its extensive menu of contemporary and traditional Asian flavours. Finally the owner is looking to retire and is happy to leave a restaurant legacy such as this.
Business Information -
- Sales in excess of $22,000 per week.
- Large amount of apartments and area development underway in the local area.
- Significant goodwill and reputation attached to the name.
- Seats 80 patrons, Licensed and BYO.
- Does takeaway and delivery with bulk of sales being in house.
- Enjoys solid bookings year round and is very well known amongst the locals.
- Rent is cheap at only $1510 per week with a long lease.
- Recently renovated with nothing to spend.
- Vendor will consider all offers above $270,000
Asking price: $270,000
Melbourne, Victoria, Australia