Business Summary

Profitable Asian Noodle restaurant for sale in Adelaide CBD
Price: $495,000 +$15,000(stock approximately)

Financial Information:
* Turnover: $1.6M in FY2021
* Profit for owner operator(PEBITDA): $523,000 in FY2021
* Profit for investor(EBITDA): $463,939 in FY2021
* Rent percentage: 10.86% in FY2021
* Long lease: 5+5+5
* Liquor licence for 100 seats
* Size: 242 m2
Business Information:

* Asian noodle restaurant and take away
* Simplified recipe and easy to manage
* Profitable with solid figures and proven history
* Quick return to your investment
* Locate in the heart of Adelaide CBD, the best location in the busiest commercial food street with large foot traffic.
* Long established with 8 years history
* Long lease 5+5+5 with 14 years left
* Liquor licences for 100 people
* Generous 242 m2 with spacious commercial kitchen, all plant & equipment included
* Non franchise brand without franchise fee
* Owner will pass all the valuable recipes. A comprehensive hand over will be completed.
* Suit for one family or two business partners.
* Partially under management. Vendor is in charge paperwork for 5 hours per week.
* This is a rare opportunity in the hospitality industry

Please ring Yiling Tang now or send an email to obtain further information.

Property Details