Premium Restaurant for Sale - Prime Balwyn Location | Strong Revenue | Turn-Key Operation
Balwyn VIC, ID 237983
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Description
Business type: Asian and Western restaurant and takeaway
Location: Balwyn, Victoria 3103
Current ownership: 4 years
Asking price: $300,000+
Monthly revenue: approximately $64,000
Annual rent: $62,000 plus GST
Liquor licence: held
Business overview
Established restaurant and takeaway business located in the Whitehorse Road precinct of Balwyn, offering Asian and Western cuisine.
Customer base: established, with repeat customers
Operating model: managed by the owner and head chef
Private parking: available
Additional customer parking: nearby at Balwyn Park
Premises and facilities
- Downstairs dining area
- Separate upstairs dining space with smart TV
- Fully equipped commercial kitchen
- BBQ and hotpot tables
- Small office
- Two rear storage sheds
- Additional concealed storage areas
- Separate staff and customer bathrooms
Fit-out, equipment and interior design investment: more than $350,000, as reported by the seller
Kitchen equipment
- Dishwasher
- Grill and oven
- Sandwich press
- 3 woks and 4 stoves
- 3 freezers
- 2 beverage fridges
- 2 preparation fridges
- Cool room
Trading hours
Monday: closed
Tuesday to Thursday: 4:00pm to 9:00pm
Friday to Sunday: 11:00am to 3:00pm and 5:00pm to 9:30pm
Operations
Management: current owner and head chef
Staff: established team of experienced employees
Trading activities: dine-in and takeaway
Liquor licence: valid, according to the seller
Recipes and operational documentation: available
Financial and lease details
Reported monthly revenue: approximately $64,000
Profit margins: described by the seller as strong
Annual rent: $62,000 plus GST
Lease commencement date: 1 December 2025
Remaining lease term: not specified
Growth opportunities
- Extend trading hours
- Increase takeaway and delivery sales
- Develop private dining and function bookings using the upstairs area
Sale inclusions
- Commercial kitchen equipment
- Existing restaurant fit-out
- Established website
- Business branding and goodwill
- Operational systems
- Liquor licence, subject to applicable transfer requirements
Transition
Business documentation and recipes: available
Post-sale training: optional
Details
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