Authentic Asian Restaurant in Noble Park

Description

Business type: Chinese and Vietnamese restaurant

Location: Douglas Street, Noble Park, Victoria

Current ownership: since mid-2017

Operating model: family operated

Premises size: approximately 120m²

Seating capacity: up to 60 customers

Annual rent: $60,000

Business overview

Established restaurant serving Chinese and Vietnamese cuisine, including dedicated vegetarian and vegan options.

Customer base: dine-in and takeaway customers

Trading history: under the same family ownership since mid-2017

Vegetarian menu: established

Menu and services

• Chinese cuisine
• Vietnamese cuisine
• Vegetarian dishes
• Vegan options
• Soy-protein meat alternatives
• Dine-in and takeaway service

Location

Position: Douglas Street, Noble Park

Noble Park Station: approximately 2 minutes' walk

Coles supermarket: approximately 2 minutes' walk

Nearby amenities: essential services and retail businesses

Customer parking: available nearby

Premises and equipment

Shopfronts: 2

Total floor area: approximately 120m²

Dining capacity: up to 60 customers

Commercial kitchen: fully equipped

Dining area: established

Operations

Trading days: 6 days per week

Trading hours: 12:30pm to 9:00pm

Wednesday: closed

Dine-in and takeaway trade: consistent

Lease

Current lease: at the beginning of an 8-year term, as advertised

Annual rent: $60,000

Growth opportunities

• Expand the existing menu
• Introduce additional services

Buyer profile

Experienced restaurant operators: suitable

New hospitality operators: suitable