Family friendly and Authentic Chinese Dumpling Restaurant

Ipswich QLD
Asking Price $150,000 +SAV

This Chinese restaurant not only caters to those seeking authentic food quality but also provides a family-friendly dining spot. With its well-trained staff team and a commitment to delivering excellent food quality and variety, this establishment has garnered praise from its local patrons.

The modern interior design of the restaurant offers a unique dining experience. Despite its small size, the space is maximized for efficiency, creating an intimate yet vibrant ambiance that enhances the dining experience.

Conveniently located within a busy shopping centre, the restaurant enjoys prime visibility and foot traffic. It also surrounded by bustling offices and diverse retail outlets, it has become a go-to destination for locals and visitors alike.

The upcoming addition of HOYTS cinema in September 2024 is expected to further enhance the area's appeal, ensuring a steady stream of traffic in the future.

Opening hours

6 days/week

Monday closed.

Tuesday – Sunday: 11:30 – 14:30 & 17:30 – 21:00

Key points:

·       Size of premises: 70 m2

·       Lease: current to May 2031

·       Current monthly rent: $6,090 plus outgoings of $1,500 and electricity charges of $1,583 making the total of $9,173. This is inclusive of GST. Annual rent increase of 5% applies

·       Staffing: One full-time, 1 part-time in the kitchen and 2 casual staffs at the front desk

·       Total sales for the financial year 2023: $368,000, exclusive of GST

Asking price: $150,000 + SAV ($5,000 - 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.)


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