Ad ID: 111520 Inactive

Chinese Restaurant for Sale Hervey Bay QLD

Profitable & Popular Chinese Restaurant in Hervey Bay For Sale

$299,000 + SAV

Why buy this Chinese Restaurant Business

Chinese Restaurant for Sale Hervey Bay QLD Asking: $299,000$299,000 + SAV

This popular local Chinese Restaurant located in Hervey Bay is now listed for the first time on the market!

Key Points:
- Over 20 years of successful operation
- Weekly sales is $38,000-$40,000
- Revenue over $1.7M for the 2021 FY and over $2M forecasted for 2022 FY
- Very little impact from COVID-19 due to location
- Rent is only $5k per month with a new long lease available for buyer.
- The premise comes with a 5 bed and 1 bath accommodation. It can be rented out or free use for the staff.
- Full and stable team of staff in place, the business can also be run under management
- Limited competition in the area with loyal repeat customers
- 4.4 stars from over 430 Google Reviews!
- Great location close to the beach with easy parking 
- This business is suitable for investment, couple or family operators.

Owner is keen to sell due to retirement and is considering all serious offers!

Enquire now to discover more about this opportunity.

Business Broker: David Zhang
Ref: BR01160
Mobile: +61 407 468 414
Email: [email protected]

LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300

Ref: BR01160
Timestamp: 20230703080035