Description

Restaurant and takeaway serving Japanese / Korean cuisine - The menu includes a mix of traditional dishes and modern fusion including sushi, sushi packs, rolls and platters. katsu, udon, ramen, tempura and bibimbab. - Presenting an exceptional opportunity to acquire a thriving restaurant in a high-achieving university area- Stable catering orders from inside and outside of university, boarding house and faculties, Japanese/Korean community, embassies, external functions etc- Customer base includes university staff and students, visitors for activities like seminar, academic conference and events. Full kitchen setup with exhaust and grease trap.

Potential

Could expand catering and functions - Extend operating hours as there are lots of foot traffic in the evenings. - Also open on the weekends to cater for students and staff who live on campus. -Would suit owner operator or 2 working partners. - Huge potential for student numbers to increase.

Features

Well-established 7 days a week- Ideal location with high foot traffic and no nearby competition for sushi menu - Favourable lease terms with low weekly rent and long term security. A highly profitable and secure investment opportunity

Premises

A modern, well presented and very popular restaurant with a fully equipped kitchen, covering approx 70m2

Location

Well located in the heart of a large university in the middle of a building in main commercial hub in the Canberra area.

Trading Hours

7 days - Mon. - Fri. - 9 a.m. - 5 p.m. optional until 8:30 p.m) - Sat and Sun. 10 a.m.- 4 p.m. (optional until 6:30 p.m)

Lease

Current lease expires in April, 2025 - New 4 years lease available - 3 months bond required - fixed 4% annual rent increases

Employees

I owner + 2 part timers + 1 casual

Comments

This is a rare opportunity to acquire a well-managed and highly profitable restaurant. Quality businesses like this are not often available for sale—a must-inspect opportunity.

SBX ID

FN1294