Asian Restaurant Business for Sale Prime Location with Bar/Bistro Potential
This exceptional restaurant, strategically located at the intersection of two major roads in Rosebery, boasts unmatched visibility and foot traffic. Spanning a generous 145 sqm, the premises come complete with one parking space and a storage room, offering convenience for daily operations.
The dining setup includes 50 indoor seats and 20 outdoor seats, creating a welcoming and spacious environment for customers.
Key Features:
Affordable Lease: Current rent is only $7,500 per month (incl. GST), plus $1,800 quarterly outgoings.
Flexible Lease Terms: 1.5 years remaining, with the landlord open to negotiating an extension for future stability.
Fully Equipped Kitchen: Perfect for East Asian cuisine (Chinese, Japanese, Korean) or other culinary concepts.
Liquor License: Adds versatility and the opportunity to pivot the space into a bar or bistro.
Operational Details:
Opening Hours: Currently operating Thursday to Sunday evenings (6:00 PM - 10:30 PM).
Staffing: A streamlined and efficient team of 4 front-of-house staff and 3 kitchen staff.
Delivery Service: Covers the Green Square area, providing additional revenue streams and room for growth.
Business Potential:
This well-known local restaurant enjoys high foot traffic and a strong reputation, drawing a steady stream of dine-in customers. With its prime location and existing liquor license, the venue offers immense potential to be transformed into a bar, bistro, or hybrid dining and drinking establishment, catering to a broader audience.
Whether you're looking to enter the thriving East Asian dining scene or seeking a unique space to expand your hospitality portfolio, this opportunity is not to be missed.
Contact us today to learn more or schedule a viewing of this rare business opportunity.
Property Reference Number;131
