Authentic handmade dumplings are offered at the cosy space with old exposed brick adorned with Asian characters and art.
They also have variety of small dishes to accompany.
It is fully licensed, but BYO is allowed with a corkage charge.
Business owner, his wife and mother, work full-time with casual staffs as required.
Opening hours:
7 days/week
Monday – Thursday and Sunday: 11:30 – 15:00, 17:30 – 21:00
Friday: 11:30 – 15:00, 17:30 – 22:00
Saturday: 11:30 – 15:30, 17:30 – 22:00
Key points:
- Size of the shop: 55 m2 indoor and 23 m2 outdoor.
- o Milk tea shop: 20 m2
- Lease: current to 31 May 2026 with Option – 1 x 5 years.
- o Milk tea shop: current to 30 Jun 2023 with option – 1 x 2 years.
- Monthly rent: $5,990.32 including GST.
- o Milk tea shop: $2,026.68 including GST.
- Annual rent increase: CPI
- Latest weekly sales for restaurant: around $22,000
- Latest weekly net profit for restaurant: around $7,200
Asking price: $350,000 + SAV ($4,000 – estimate)
For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.xxxxx: or
Please call Sunny on xxxxx
(The image used is for display purposes only and does not reflect the business advertised for sale.)
