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Listing Id: 33974 Last Refreshed: 07/11/2024 Total Views: 4 Broker Ref: 22662

Thriving Chinese Restaurant and Bar in Bustling Box Hill

Melbourne City, MelbourneFood Manufacturers
Asking Price: $450,000
Business For Takeover
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Overview

  • Premise Type N/A
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  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

* Well-established and spacious Chinese restaurant and bar situated in the heart of Box Hill, a Chinese-dominated suburb.
* Prime location surrounded by shopping centers, apartments, and retail shops, offering high growth potential.
* Sale initiated due to owner's retirement, presenting an excellent opportunity for a new owner to take over and expand.
* Generous shop size of approximately 500sqm, accommodating around 150 patrons comfortably.
* Interior features over 25 large tables, complemented by 5 function rooms for various events.
* Convenience of 8 on-site parking spaces, supplemented by ample street parking and nearby public parking facilities.
* Equipped with a substantial commercial kitchen, including walk-in cool room, commercial freezer, 7 Asian woks, 12 filter canopies, fridges, and dishwasher etc.
* Additional preparation room for efficient workflow and food preparation.
* Liquor license and food permit included in the sale, streamlining the transition process.
* Currently operated by an elderly couple generating a stable income.
* Significant potential for further growth in the hospitality and catering sectors.
* This restaurant and bar offer a blend of established success and untapped potential, making it an enticing investment opportunity.

For more details, please contact Gaby today on 0433 297 367 or email at gaby@mercba.com.au.
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