[BBS-052] Authentic Vietnamese Restaurant for Sale In St Morris

This is an exceptional opportunity to take over a well-established high-return Vietnamese Restaurant located in eastern suburb of Adelaide.
Seeking Genuine owner operators, investors and chefs only.

This business ticks all the following boxes:
• High-exposure shop in premium location with high car traffic and foot traffic.
• Surrounded by lots of local residents and retails.
• Currently providing lunch and dinner 5 days/week only.
• Welcoming seating and dining areas with 40 seats inside and 12 outside.
• Decent shop size approx. 100sqm.
• Professional staff services and good customer reviews
• Fully equipped kitchen and cool room.
• Liquor License is included.
• The rent is about $1974 per month including outgoing.
• Utility cost per month is about $1317
• Lease expires April 1 2028.
• With a turnover of approx. $400,000 in 2023 (only opening for 5 days per week) and plus one owner’s annual profit,

This restaurant has remarkable value and potential to grow, if the new owner operators can make the most use of weekends and top up coffee options.

• This is a business sale with goodwill value plus annual net return exceeds the asking price of $145,000
• Nowhere in Adelaide you can secure a shop with so attractive rental.

The current owner is selling because she is devoting more time to her young children and family.
The vendor and the landlord require a statement of financial position provided by your accountant and a summary of your business experience to qualify your interest.

If you are interested in, please feel free to contact the following agent for more details.

M: 0432 777 007
E: James.zheng@deltabusiness.com.au
Wechat: deltabusiness-sa
Facebook: Jimmy zheng

While every care has been taken to verify the accuracy of the details in this advertisement/profile of business, Zendam Real Estate Group T/A Delta Business-Adelaide CBD cannot guarantee its correctness. Prospective buyers need to take necessary actions to satisfy themselves of any relevant matters.

Meet the Agents

James Zheng
Principal (Adelaide CBD)
0432 777 007
Business Team
Sales Support
(03) 9111 0707