Description

Franchise restaurant serving Asian cuisine. Amply seating 100 guests and fully licensed, it is located in the number one dining precinct in North West Sydney. The eatery features ever popular south east asian cuisine from laksas and stir fries through to dumplings, and features a casual yet refined eating oasis that has recently been refreshed with no additional expense for the incoming new owner. Adding to the appeal is that the business has a brand new 5 year lease with the lease being in the owner's name rather than the franchisor. Suitable for a variety of new owners, with no food experience or someone from the hospitality industry. This is a rare opportunity where a hospitality opportunity ticks all the boxes being, prime location, profitability, recent upgrade, ease of operation and solid new lease terms.

Potential

The business and profitability can be improved with a working owner as the business is currently under management. Introduce dynamic social media campaign subject to franchisor approval.

Features

Prime location. High turnover. Recognised brand. Ease of operation. Established supply lines and easy recipe guidelines. New lease on standard shopping centre terms.

Premises

Only 7 years young and with a mid 2025 refreshing upgrade the premises present as freshly ambient and comprise 185 sq. mts.

Location

Superbly located in one the busiest lifestyle and dining precincts in affluent North West Sydney.

Trading Hours

7 days - Monday, Tuesday, Wednesday & Sunday: 11.30 am to 8.30 pm. Thursday, Friday & Saturday: 11.30 am to 9 pm

Lease

New 5 year lease from June /July 2025 with 3 month bank guarantee and 5% annual increases. Figures quoted include outgoings such as promo levies

Employees

8 full-timers + 6-8 part-timers and casuals. Neither owner actively works at store level.

Comments

The figures quoted are indicative only and purchasers will need to conduct appropriate due diligence. Please note a managers wage of $1000, per week has been deducted from estimated wages to more accurately reflect position if an owner actually worked within the business.- Misc.- 1- is an estimate of ancillary running costs and Misc.- 2- is an estimate of GST liability.

SBX ID

SFG1144