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Restaurant business for sale in Illawong

  • Restaurant
  • Illawong NSW 2234
  • $38,000

Renowned Hong Kong-Style Seafood Restaurant for Sale in Illawong Village, Sydney South

Renowned Hong Kong-Style Seafood Restaurant for Sale in Illawong Village, Sydney South

Summary:
A fantastic opportunity to acquire a beloved Hong Kong-style seafood restaurant located in Illawong Village, Sydney South. Operating for several years, this restaurant has built a loyal customer base and is a favorite among local retirees. With a total area of 217 square meters, the establishment boasts a spacious kitchen and dining area, providing an inviting atmosphere for patrons.

Key Features:

Specialized Cuisine: The restaurant specializes in Hong Kong-style seafood, offering a rich and diverse menu that caters to the multicultural population of the area.
Prime Location: Situated in the only shopping and dining village in Illawong, providing ample free parking for customers.
Large Customer Base: The restaurant is highly favored by local retirees and has strong local customer loyalty.
Minimal Competition: The largest and most comprehensive Hong Kong-style Chinese restaurant in the area, with no direct competitors nearby.

Potentials:

Menu Expansion: Opportunity to expand the menu to include more diverse dishes, attracting a wider range of customers.
Marketing Opportunities: Increased marketing efforts and promotions could further boost visibility and sales.
Catering Services: Introducing catering services for local events and functions could provide additional revenue streams.

Operation Hours:

Operated by the owner and 2-3 employees, with three people working daily.

Lease Details:

Monthly Rent: $10,200 (including GST and outgoings)
Lease terms are negotiable.

Key Financials:

Available upon request.

Reason for Sale:

Owner looking to retire.

Contact:
For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405888800.

Disclaimer:
All information provided is deemed reliable but is not guaranteed and should be independently verified. Potential buyers are encouraged to conduct their due diligence before proceeding with any purchase.

ANND Commercial Real Estate
ANND Commercial Real Estate
Suite 2201,233 Castlereagh St
Sydney, NSW 2000

Business Highlights

Business ID2019012952
Floor Area217m²
Category
Last updated  23 Sep 2024
Map for Illawong NSW 2234
Map for Illawong NSW 2234Illawong NSW 2234
Inspections
Documents
ANND Commercial Real Estate
ANND Commercial Real Estate
Suite 2201,233 Castlereagh St
Sydney, NSW 2000

Business Highlights

Business ID2019012952
Floor Area217m²
Category
Last updated  23 Sep 2024

Co-Brokers

Jeffrey Lei
ANND Commercial Real Estate
Call
0405888800
ANND Commercial Real Estate
Call
0401848745

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