This restaurant is situated at the intersection of two main roads in Rosebery, offering exceptional visibility. The premises cover an area of 145sqm, complete with one parking space and a storage room, providing convenience for daily operations. It features 50 indoor seats and 20 outdoor seats, offering a spacious and comfortable dining environment for customers.
The current rent is only AUD 7,500 per month (including GST), plus AUD 1,800 in quarterly outgoings. The lease has 1.5 years remaining, and the landlord is willing to negotiate an extension, providing ample time and flexibility for the new owner to plan and grow the business.
The restaurant currently operates from Thursday to Sunday evenings (6:00 PM to 10:30 PM) with an efficient team consisting of 4 front-of-house staff and 3 kitchen staff. The kitchen is fully equipped, making it ideal for preparing East Asian cuisine, including Chinese, Japanese and Korean dishes. Notably, the restaurant holds a liquor license, and the prime location offers the potential to upgrade the venue into a bar, further boosting profitability.
As a well-known local restaurant, its prime location and high foot traffic ensure a steady stream of dine-in customers. Additionally, the restaurant’s delivery service covers the entire Green Square area, with significant growth potential. This is a rare opportunity for anyone looking to enter the East Asian dining sector or expand an existing business.
Property Reference Number;131
