Reference No: 6790288351

Food and Hospitality
Sorrento VIC

Price: $550,000 WIWO question mark popup button

Popular Asian Restaurant-Bar for Sale - Licenced to Sponsor

Asian cuisine is the most popular exotic fare in Australia and this business is a booming investment opportunity. If you have been waiting for an exciting entrepreneurial venture, then take a look at this highly popular Asian restaurant/bar for sale. Located in the stunning and happening coastal town of Sorrento, the eatery has garnered a vast clientele of patrons. Generating excellent takings, it offers the perfect sea change for hospitality-driven individuals willing to start earning from day one.

Running successfully for seven years, the restaurant is beautifully placed in the ever-busy and upmarket region of Ocean Beach Road in Sorrento. Populated by people who come here every week as well as locals, this beachside town offers a relaxing tropical getaway to travellers. Being located in the centre of all the activity makes the restaurant a preferred choice among hungry shoppers and connoisseurs.

The highly visible eatery is surrounded by several shops and experiences enormous foot-traffic which keeps the business growing. The fully licensed and BYO restaurant is quite spacious and can accommodate 56 customers inside and another 24 outside in the undercover alfresco area. The sale includes all the fixtures and equipment. The restaurant also provides delivery through mobile food apps which can be increased through local marketing and social media.

With an annual turnover of $741,000, this business has a high-growth potential in the fast-growing region. A passionate individual can capitalise on the advantageous location and popularity of Asian cuisine to expand it further. It is also licenced to sponsor up to five people which add to its profits.

Features of the restaurant:

  • Reputable Asian restaurant/bar located in Sorrento
  • High-passing foot-traffic and highly visible frontage
  • Fully licensed and BYO
  • Excellent turnover with high growth potential
  • Trained staff and license to sponsor people
  • Delivery through food apps and online ordering
  • Website and social media pages in place

This turnkey business offers the benefits of being in a central location and serving authentic Asian cuisine. It is perfectly suited for food entrepreneurs looking for stable income and a perfect work-life balance. To become the owner of this flourishing business, call the number mentioned above TODAY!

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Price: $550,000 WIWO
Smart Sales Business Brokers
Suite 522, 12B Anzac Square Arcade - 198 Adelaide Street
Brisbane, QLD, 4000

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