Rare Opportunity Profitable Vietnamese Restaurant for Retirement Sale in Northern Suburb Adelaide!
Price: $295,000 + Stock ($10,000)
Are you ready to step into a thriving culinary venture? This is your chance to own a highly profitable Vietnamese restaurant that's been a beloved staple in the community for over a decade!
*First Time on the Market!
Don't miss out on this exclusive opportunity to acquire a restaurant that has been cherished by patrons for years. With a retirement sale, it's the perfect time for a new owner to take the reins and continue its legacy of excellence.
*Highly Profitable Business
Experience steady net profits with an impressive averaging above $250,000.The turnover in FY2022 alone was a remarkable $923,523, showcasing the restaurant's strong financial performance.
*Super cheap Rent
With low overhead costs, including super cheap rent at only 4% approximately, you'll enjoy maximum profitability from day one.
* Ideal Owner-Operator Business
This is not an investment opportunity. It's a chance for an owner-operator to thrive.
* Spacious and Convenient Location
Spread across a generous 200m2 space, including a fully equipped commercial kitchen, this restaurant offers ample room for growth. Plus, its strategic location in a northern suburb ensures less competition and easy access for customers.
* Liquor License and Loyal Customer Base
With a liquor license and seating for over 60 guests, this restaurant caters to both dining and socializing needs. Benefit from a stable and loyal customer base, drawn to the authentic Vietnamese cuisine and inviting atmosphere.
* Family-Friendly Operation
Operational six days a week, with a closed day on Monday, lunch and dinner served Tuesday to Friday and dinner only on Saturday and Sunday. This restaurant is ideally suited for a family to operate together. Enjoy the flexibility of managing your own schedule while serving delicious meals to your community.
* Smooth Transition Assured
Rest assured, the current owner is committed to facilitating a smooth transition for the buyer. With assistance provided during the handover period, you'll be well-equipped to continue the restaurant's success seamlessly.
* Price and Inclusions
For $295,000 plus stock ($10,000), you'll acquire not only a profitable business but also all plant and equipment necessary for operation. It's an incredible value proposition for aspiring restaurateurs seeking a turnkey opportunity.
Don't let this opportunity slip away! Contact the agent Yiling Tang today to learn more and schedule a viewing. Your journey towards owning a thriving Vietnamese restaurant starts here!
