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Premium Restaurant for Sale - Prime Balwyn Location | Strong Revenue | Turn-Key Operation

Balwyn VIC, ID 237983

Premium Restaurant for Sale - Prime Balwyn Location | Strong Revenue | Turn-Key Operation 1
Premium Restaurant for Sale - Prime Balwyn Location | Strong Revenue | Turn-Key Operation 1
Asking price:
AUD$370 000
Owner
Owner's representative

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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

Real Estate: Lease
Asking price: 370 000 aud
Rent (per year): 62 000 aud

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