Join a thriving Chinese restaurant group with five successful Golden Lor Restaurants and rapid expansion plans. These restaurants operate under a licensing agreement, eliminating the guesswork of opening a new establishment.
All the groundwork is complete: meticulously developed, tested, and proven menu and recipes, a strong brand with a loyal following, and established supplier relationships.
The newest restaurant is off to an impressive start, generating approximately $30,000 in weekly sales since its recent opening.
We are seeking buyers who share the Golden Lor brand's passion for food, service, and culture and who are eager to grow with us.
The shopping centres $80 million redevelopment is now complete! As well as adding some stylish new touches, the centre has more than doubled in shopping space, adding 15 new speciality retailers, a new medical centre, a new McDonalds family restaurant and a full line Coles supermarket.
Lease Details
8 years plus 1 x 5 year option, 4% rent reviews, 3 months Deposit, Rent $68,010 pa
Premises Details
Approx. 120 square metres. Central toilets, full commercial kitchen and store room. Outdoor seating area.
Staff Details
The business is currently with four front of house and five kitchen staff - three are full time staff
Opening Hours
Monday to Sunday 11:00 am to 2:30 pm 4:00 pm to 9:00 pm
Opportunity
This is a great opportunity for people in the industry or wanting to get into the industry, to join a brand that has a great reputation and that has the menu, the suppliers and the locations in place.
Reduce the risk in opening a hospitality business and join a network of restaurants that provides training and mentoring.
** Weekly**
Sales $30,000
Rent $1,307
Wages $8,500
