This is an exceptional opportunity to take over a well-established Vietnamese restaurant located in the heart of Adelaide city.
Seeking Genuine buyers, investors or chefs only.
This business ticks all the following boxes:
• High-exposure shop in premium location
• Surrounded by lots of residents, government offices, retail outlets and shopping malls
• Has been serving breakfast, brunch and late afternoon eatery for last 10 years
• Welcoming seating and dining areas with 50 seats inside and 15 outside
• Decent shop size with appx 100sqm, with fully-equipped kitchen
• Professional staff services and good customer reviews
• Long lease expires in 2027 with another 5 years renew
• A profitable business only asking for $270,000, with 2 years pay back period.
• With a turnover of over $1,050,000 in 2024 (only opening for 6 days per week without dinner) and plus one owner's annual net profit appx 10% of gross sale, this restaurant has remarkable value and potential to grow, if new owner operators can open dinners
• Besides, the Liquor License is a plus for formal meal or late night bar which will significantly increase the sales if put the Licence in use effectively.
The current owner is selling because he is devoting more time to his life style and family.
The vendor and the landlord require a statement of financial position provided by your accountant and a summary of your business experience to qualify your interest.
If you are interested in, please feel free to contact the following agent for more details.
James
0432 777 007
James.zheng@deltabusiness.com.au
Wechat: deltabusiness-sa
Facebook: Jimmy zheng
Disclaimer:
While every care has been taken to verify the accuracy of the details in this advertisement/profile of business, Zendam Real Estate Group T/A Delta Business-Adelaide CBD cannot guarantee its correctness. Prospective buyers need to take necessary actions to satisfy themselves of any relevant matters.
