Absolute Business Brokers Phone : 03 9566 **** Chris Panagiotidis
03 95 ****

Large Restaurant With Commercial Kitchen For Sale

Listing Id : 269238

Location : Victoria - Dandenong -Melbourne

Category : Restaurant, Food, Takeaway Food

Asking Price : 150,000

Business description

This long established Chinese Restaurant Business for Sale is a hidden gem in the Dandenong Ranges. Established 42 years, it is well known among locals for its good food and good service.

Has an excellent main road location in Upwey, with plenty of parking for customers and is also close to the train station.

Large dining room with seating capacity for 70 people.

Has a commercial kitchen and a walk in cool room

Does a brisk takeaway business as well

Currently has short trading hours of 4.5 days: Wednesdays to Saturdays 12 - 10pm, Sundays 4 to 10pm. Closed Mondays and Tuesdays.

Vendor works with 1 full time staff and 6 part time staff

Turning over approx $8,000 per week

Rent of $984 per week

Lease terms of 3x3

Current vendor wants to retire after running the business for 32 years.

Lots of potential in this business as the current owner has done no marketing and only trades 4 and a half days. New owners could increase trading days or sign up with a food delivery App such as Uber eats or Menulog.

Perfect for an entrepreneur to build on this restaurant which already has a great reputation in this area.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on on 9566 7300 or elle@absolutebb.com.au

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