FITOUT AND EQUIPMENT CONDITION: Used – Like New.
GACH / BANH MI BY GACH – NEWMARKET RANDWICK
Asking price: $178,000
Acquire a contemporary hospitality fitout and agreed business assets at Shop G12, 162 Barker Street, Newmarket Randwick. This Vietnamese takeaway opportunity suits an experienced, hands-on operator looking for an existing fitted premises in a residential and dining precinct near Randwick’s health and education community.
FITOUT AND ASSETS
Proposed inclusions, subject to the final agreed sale contract, include custom joinery and service counters, refrigerated display, UNOX combi oven, bench refrigeration, freezer, bain-marie, stainless-steel preparation and sink areas, dishwasher, Square Register POS hardware and KDS screen, together with agreed transferable goodwill. The rented coffee machine is excluded.
TRADING HOURS
Monday to Saturday: 7.00am–7.00pm.
Sunday and public holidays: 9.00am–6.00pm.
REASON FOR SALE
The owners invested in creating a contemporary hospitality space in Newmarket Randwick. With commitments across other businesses, they are unable to dedicate the staffing resources and hands-on hospitality expertise this operation requires. They are offering the fitout and agreed assets to an incoming operator with the experience and capacity to develop the next stage of the business.
CONCEPT OPPORTUNITIES
Continue the Vietnamese takeaway operation or assess a new food and beverage concept. The current permitted lease use is Vietnamese food trading as Banh Mi by Gach. An incoming operator’s own brand or alternative concept requires landlord consent, regulatory approvals and confirmation of equipment and services suitability. Opportunities such as coffee, bubble tea, juices, desserts, pre-orders and catering are ideas to assess, not approved uses or sales forecasts.
LEASE AND PREMISES
The supplied lease specifies an original eight-year term and annual 4% rent reviews. The October 2026 TGC invoice records monthly retail rent and general outgoings of $4,503.89 including GST ($4,094.45 excluding GST). This is the invoiced occupancy cost for October, not a fixed future cost; rent reviews, outgoings adjustments and any turnover rent remain subject to the lease. Remaining lease term and assignment conditions are subject to due diligence. A Class 6 occupation certificate for the existing food premises was issued on 3 February 2026. Business sale only; freehold property is not included.
SERIOUS BUYER ENQUIRIES
Private inspections by appointment. Further trading information can be discussed privately with serious prospective purchasers progressing their enquiries. Contact the seller to request the buyer profile and discuss the opportunity. Buyers should independently assess financial performance, lease terms, approvals and the agreed asset schedule.