Established Chinese Restaurant
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About this business
In the seller's words
Full description, as written by the sellerThe business generates revenue through dine-in dining, takeaway orders and online food delivery platforms, offering a popular range of Chinese dishes. Income comes from local residents, repeat customers and tourists visiting the Sunshine Coast.
**Established Chinese Restaurant for Sale - Sunshine Coast, QLD** An excellent opportunity to acquire a well-established Chinese restaurant in a popular coastal tourist area on the beautiful Sunshine Coast. Operating since 2018, this business has built a loyal local customer base while also attracting visitors and holidaymakers. **Business Highlights:** - **Annual revenue:** Approximately $650,000. - **Asking price:** $140,000 + SAV (negotiable for genuine buyers). - **Trading hours:** Currently operating just six evenings per week, offering potential to expand into lunch service. - **Rent:** Approximately $4,000 per month plus outgoings. - **Seating capacity:** Approximately 56 seats, including indoor and outdoor dining. - **Fully equipped commercial kitchen:** Established facilities and equipment included in the sale. - **Liquor licence:** Licensed premises, subject to relevant transfer approvals. - **Long-term lease:** Current lease with renewal options extending to 2034, subject to lease terms. - **Multiple revenue streams:** Dine-in, takeaway and online food delivery services. **Growth Opportunities** The business currently focuses on dinner service, offering opportunities for an experienced operator to introduce lunch trading, expand takeaway and delivery services, and develop additional menu offerings. Located in an established coastal tourism area surrounded by residential communities and holiday accommodation, the restaurant benefits from both local residents and visitors. **Reason for Sale** The owners are selling due to a change in career direction. **Enquiries Welcome** This is an opportunity for experienced hospitality operators, couples or families looking to acquire an established restaurant business. Further business information and financial records are available to genuinely interested buyers following the signing of a confidentiality agreement (NDA). **Private sale - No business broker commission.** Please contact us to discuss this opportunity or arrange a confidential inspection.
Key facts
- Reason for selling
- Moving
Location
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