Popular Asian Restaurant Located in Busy Central Location! Vendor Finance TAP!

Popular Asian Restaurant Located in Busy Central Location! Vendor Finance TAP!

Preview Listing

Location Details :

Country

Australia

State

Australian Capital Territory

City

--


Industry :
Food/Hospitality - Restaurant ; Food/Hospitality - Takeaway Food ;

Financial Details :

Revenue

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EBITDA

--

EBITDA multiplier

-x

About the business

Due to an impending return overseas of the owners, this profitable modern Asian restaurant and fine tea bar is now on the market to be sold.

Since its establishment in January 2022, the restaurant has already achieved a cult following, excellent Google reviews, and a Local Business Award 2023 for Outstanding Restaurant. With an endless stream of customers from all over Canberra, it is especially popular among the locals.

The dishes are made with authentic and traditional ingredients allowing their customers to experience a long-established cuisine in a fine dining atmosphere. In addition to this, their fine tea is a truly unique experience and very popular with their customers. They also serve beer and wine.

With a high-quality and award-winning fit-out, the restaurant seats 40 inside and 12 outside. It is situated in a very busy and highly visible location on one of the main streets in the area.

Other Features:
- potential to increase hours as only open limited days and times to suit owner's lifestyle
- potential to expand the outdoor area which is already part of the lease
- bathrooms serviced by body corporate
- could be easily repurposed to any cuisine or theme

With the hard work already done establishing this unique and popular restaurant, this is a great opportunity for someone new to take over the reins and continue its success into the future.

Don't delay making an enquiry TODAY!

Sale Price $295,000 + SAV Negotiable

Note: Vendor finance is available to approved purchasers only.

For more information on this exciting opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

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