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Asking Price$250,000
Revenue$936,000 EstablishedUndisclosed
Cash FlowUndisclosed Employees22 part-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This restaurant and takeaway business for sale is the number one destination for delicious handmade dumplings, noodles, noodle soups and steamed buns in the East. Customers are attracted to this restaurant because everything is made fresh in house.  

Being opposite a major supermarket, it occupies a very high foot traffic location in a busy shopping centre in the East.  There is plenty of parking and entertainment in this centre to attract customers.  

Fully staffed, the restaurant serves handmade dumplings and noodles, made to a secret recipe, which will be included in the sale. The current owner is happy to train new owners.  

The large restaurant has seating for 70 inside and also does a good takeaway trade and is partnered with Ubereats, Doordash, Menulog and HungryPanda.

Currently trading 6 days during the colder months  and 7 days during the summer months. The restaurant  currently trades until 4pm,  but there is huge opportunity to trade longer hours (especially for takeaways) and open on weekend nights. The shopping centre is offering to open at night for the restaurant.

New owners do not need experience as current owners are happy to train and it is well staffed with kitchen staff, front of house staff as well as 2 dumpling makers.  

Turning over approx. $936,000 per annum.  Owners willing to trial at $18,000 per week
Rent is $8,406 per month and lease is 5x2 commenced February 2020.

This dumpling and noodle restaurant is well worth an inspection.

For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B14252
Ad #140289
Seller Reference #B14252
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Chris Panagiotidis
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