GEORGE ST RESTAURANT – OWNER IS READY TO RETIRE

Opportunity to acquire two businesses within the most prime location on George St, surround by ASX 100 Companies, Martin place, banking headquarters, hotel, retail Shop, and Wynyard Station.

Two businesses under the one name.

ONE

Well established 30 years long standing reputation the Restaurant offers 285 sqm, liquor licensed with bar, fully-equipped kitchen, fitted out, walking in cool room, accommodates 120 seats, extensive Cantonese food menu. 7days trading, 90% lunch catering to the professional and business patron. Full team of kitchen staff on hand.

Lease/term: 5 years + option
Rental:$158,306.80 p/a
Income appox: $1,100,000.00 p/a
Asking price: $325,000
Training provide

Two

Newly opened situated at minutes away from the restaurant on the Suncorp building food court, fully equipped kitchen, accommodates for eat in customers as well takeaway, heavy foot traffic lunch trade, providing a diverse range of restaurant menu as well as such various type of noodle. This newly established takeaway Cantonese cuisine has a great margin for future growth.

Lease/term; 7 years
Rental: $2,307.69 p/w + GST
Income: Appox: $10,000 per week
Asking price: $275,000

Training provide

For business profile contact; Kathy Hyslop 0433 431 168 or e-mail Kathy.hyslop@raywhite.com