Long established Chinese takeaway business for sale located in the heart of Watsonia in Melbourne’s north.
This takeaway has been established more than 35 years with the current owner running the business for the past 13 years.
Currently run by a husband and wife team, the business only operates around 34 hours a week (evenings only), though a new owner can trade longer hours if they want to.
Taking $3,500 per week on average
Very low rent just $1,440 per month
3x3 commercial lease currently available
Simple commercial kitchen with wok burners suitable for all Asian style cuisines
With very little competition nearby, buyers looking to continue running the business as a Chinese takeaway can look to incorporate things such as delivery to generate more turnover. The current owner has also done very little promotion recently, so a little advertising is also likely to boost the revenue.
There is currently no dining seating, however a new owner could incorporate a small number of tables and chairs if they wanted some customers to dine in.
Buyers can continue operating the business as a Chinese takeaway or the business may also be suitable for buyers looking to change the cuisine to something else such as a Thai, Indian, Pho, Korean, or any other cuisine that requires wok burners instead of stove burners.
For further information please call senior business broker Damon Ambatzis on 0402 225 989 or Lynn Mu on 0430 880 323
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