SOLD

UNDER OFFER - Vietnamese Restaurant (Asset Sale) Little Pho Tuck Shop – Kew, VIC

Kew VIC
UNDER OFFER - Vietnamese Restaurant (Asset Sale) Little Pho Tuck Shop – Kew, VIC

Last asking price $35,000

Sold February 2025

Food & Drink

Business ID XB160416

This is a rare opportunity to acquire the complete setup of a once-thriving Vietnamese restaurant in the heart of Kew, Victoria. Little Pho Tuck Shop was a beloved local spot known for its authentic cuisine, but due to health issues, the family has made the difficult decision to sell.

Key Details:

   -  Location: Prime position in Kew, Victoria, an affluent suburb with strong foot traffic and loyal clientele.

   -  Asset Sale: This is a sale of plant & equipment and lease – the business is not being sold as a going concern. No financials will be provided.

   -  Comprehensive Setup: The sale includes an extensive holding of Plant & Equipment, everything required to operate a restaurant.

   -  Weekly Takings (When Trading): Averaged $12,000 per week before the business ceased trading.

   -  Lease Details:

3 years remaining on the current termOption for an additional 5-year termMonthly rent: $5799 + GST   -  Turnkey Ready: Although not currently trading, the business is fully equipped and ready for a new owner to restart operations.

   -  Reason for Sale: Owner unable to continue due health issues.

This is a fantastic opportunity for a motivated buyer looking to capitalize on an already-established brand and location. Don't miss your chance to bring this Kew favourite back to life.

Contact us today for more details and to arrange a viewing!

Contact: Cameron Ryan on xxxxx -  xxxxx

Asking Price: $35,000 WIWO (all offers considered)

Property Code: 4125
        

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