Business ID XB160416
This is a rare opportunity to acquire the complete setup of a once-thriving Vietnamese restaurant in the heart of Kew, Victoria. Little Pho Tuck Shop was a beloved local spot known for its authentic cuisine, but due to a workplace accident that resulted in serious injuries to the owner, the family has made the difficult decision to sell.
Key Details:
- Location: Prime position in Kew, Victoria, an affluent suburb with strong foot traffic and loyal clientele.
- Asset Sale: This is a sale of plant & equipment and lease the business is not being sold as a going concern. No financials will be provided.
- Comprehensive Setup: The sale includes an extensive holding of Plant & Equipment, everything required to operate a restaurant.
- Weekly Takings (When Trading): Averaged $12,000 per week before the business ceased trading.
- Lease Details:
3 years remaining on the current termOption for an additional 5-year termMonthly rent: $5799 + GST - Turnkey Ready: Although not currently trading, the business is fully equipped and ready for a new owner to restart operations.
- Reason for Sale: Owner unable to continue due to injuries from a workplace accident.
This is a fantastic opportunity for a motivated buyer looking to capitalize on an already-established brand and location. Don't miss your chance to bring this Kew favourite back to life.
Contact us today for more details and to arrange a viewing!
Contact: Cameron Ryan on 0411 145 114 - cameron@xcllusive.com.au
Asking Price: $95,000 WIWO (all offers considered)
Property Code: 4125
