Modern Vietnamese Restaurant

Cheltenham VIC
Asking Price $350,000
About

Successful and iconic Vietnamese restaurant located in Cheltenham has been with the same owner for 21 years. It seats 65, has a very loyal customer base and a strong online take away presence. It has operated a in house home delivery service since its inception in 2001. Operating 7 nights and only 3 lunches the new owner has the scope to expand trading hours.
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Fully licensed with no BYO this highly profitable business is under semi management. Recently renovated with new cool room, preparation fridges, Rational combi oven (roast/steam) new carpet and chairs this very cool looking business has main road frontage and 250 public carpark at rear.
With an annual turn over of 1m + and a newly signed 5 x 5 x 5 lease gives the new owner certainty with very reasonable rent ($4300 pm).
Cheltenham zoned high density living and is earmarked as an outer suburban city centre (Box Hill, Cheltenham, Frankston) to be connected directly with underground railway, building is already underway for new high rise apartments and growth is already eminent.   

Contact this seller
Client No: W1575838858 Private sale, no contact by agents or marketers please.
Contact this seller
Client No: W1575838858 Private sale, no contact by agents or marketers please.

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