Chinese/Asian Restaurant And Takeaway Business For Sale Warrnambool

Large well fit out Chinese Restaurant for sale in Warrnambool - the gateway to the Great Ocean Road.  This Asian Restaurant has a high profile, main street location in the city. Being one of the largest cities in South West Victoria, Warrnambool is a regional service centre and the place where the rural population goes to for services, dining and entertainment. 

 

It is also a very popular holiday destination and the city hosts many annual sporting activities and festivals that are very well attended. 

 

Restaurant occupies 2 shop premises

Has seating capacity for 160 inside

Well equipped with 2 kitchens and 3 cool rooms

Fully Licensed till 1am

Offers dine in and takeaway

Vendor works part time with 5 full time staff

Restaurant opens 6 days:  Wednesday to Monday for lunch at 11:30am to 2pm and dinner at 5pm to 9pm. Closed on Tuesdays

Strong turnover of $650,000 pa

Rent of $1,420 per week for 2 premises

Secure lease of 3x3x3

 

Tour operators bring tour groups to this restaurant for meals.  Lots of potential here, as tourism increases and more tourists come to this area. 

 

This restaurant presents great opportunity for an owner operator or investor.  It can be run under management as there are staff in place to continue operations

 

For more information and to organise an inspection contact Chris Panagiotidis or Elle Likopoulos on 9566 7300 or via email at elle@absolutebb.com.au

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingMoving to Melbourne

Location City: WarrnamboolState: Victoria CategoryRestaurant/Food Service

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$650,000

Contact PersonChris Panagiotidis Price$250000 Year Established7

Phone+61395667300 Cashflow$N/A EmployeesVendor works part time with 5 full time staff

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