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Start your entrepreneurial journey with this ready-to-run restaurant opportunity

$100,000

Start your entrepreneurial journey with this ready-to-run restaurant opportunity

$100,000

Summary:
Take advantage of this rare opportunity to own a profitable restaurant in a prime location near Keon Park Station. This walk-in, walk-out (WIWO) business is ideal for experienced restaurateurs or first-time buyers looking for a turnkey operation with strong sales and excellent growth potential.

About the Business:
This restaurant generates strong monthly sales of $28,000. With no specific skills required to operate and a loyal customer base already in place, the new owner can take over with ease and focus on unlocking the business’s full potential.

Potential for Growth:
With minimal current marketing efforts, this business offers ample room for growth. Introducing digital marketing campaigns, offering delivery services, or expanding the menu could significantly enhance revenue. Additionally, the restaurant’s strategic location near Keon Park Station and lack of competition, ensures high foot traffic, providing excellent opportunities for attracting new customers.

Key Features:

  • Prime location with high visibility near Keon Park Station
  • Flexible 3×3 lease terms at $2,600 + GST monthly
  • Fully equipped kitchen with assets valued at over $50,000 included
  • Includes three extra rooms at the back of the property available to the opportunistic new owner
  • Minimal overheads and low payroll costs with three casual employees

Why This Opportunity?
The business is fully operational, saving you the time and cost of a startup. The current owner has invested significant time, effort, and care into building a solid foundation for this restaurant, ensuring it thrives in the competitive market. Its exceptional foundation, combined with its potential for growth, makes it a great opportunity for a new owner to step in and continue its success.

Reason for Sale:
The current owner is relocating interstate due to family commitments, creating a unique chance for the right buyer to step in and continue its success.

For More Information or to arrange an inspection, contact:


Asif Ahammed
0451918152
asif.ahammed@abbass.group

Abbassbusinessbrokers

Confidentiality Agreement

IN THIS AGREEMENT:

“The vendor’s agent” is from ABBASS Business Brokers (Address: 102 / 24 Albert Road, South Melbourne VIC 3205)

WHEREAS:

  1. The vendor is the proprietor of the business
  2. The prospective purchaser
    • Warrants that it has the financial capacity to purchase the business;
    • Wishes to have more information (“the information”) about the business for the purpose of deciding whether to purchase the business;
    • Acknowledges that the information could cause serious loss and / or damage to the vendor should the information become known to third parties; and
    • Acknowledges that the vendor and / or the vendor’s agent have sole discretion as to the content of the

IT IS AGREED AS FOLLOWS:

  1. In consideration of the vendor providing the information to the prospective purchaser, the prospective purchaser agrees and undertakes as follows:
    • Not to make direct contact with the vendor or any member of the vendor’s staff without prior written consent of the vendor’s agent
    • Not to enter into any negotiations or an agreement to purchase the whole or any portion of the business except through the vendor’s agent
    • That subject to clause 1.4 of this agreement and in the absence of prior written consent to the contrary from the vendor, the prospective purchaser shall keep confidential and not disclose, suffer or permit the disclosure to any person of the fact of the business being offered for sale or of any matter contained in the information
    • Not to use or permit the prospective purchaser’s professional advisers to use the information for any purpose other than for the exclusive purpose of assessing the suitability of the business for the purpose of purchase by the prospective purchaser and then only on the basis that the prospective purchaser shall:
      • Inform the prospective purchaser’s professional advisers of the existence and terms of this agreement;
      • Be responsible to ensure that the confidentiality of the information is respected by the prospective purchaser’s professional advisers in the same manner as provided in this agreement;
      • Be responsible for any breach of this agreement by comprising the disclosure of the information by the prospective purchaser’s professional advisers other than in accordance with this agreement
  • Not to take or permit any other person to copy, reproduce, or take extracts from any part of the information;
  • Not to contact or permit any other person to contact or make enquiries of any customer or client of the business, or staff member employed by the business, or the accountant, solicitor or financial institution of the vendor without obtaining the prior written consent of the vendor. This clause does not apply to inspections or meetings arranged by and conducted in the presence of the vendor or the vendor’s agent
  • To immediately return to the vendor’s agent all information including other written details including drawings, handwritten notes and or extracts of the same, together with any copies of any such documentation made during the prospective purchaser’s evaluation of the business in the event that the prospective purchaser and or the vendor or vendor’s agent cease negotiations in respect to the purchase of the
  1. In the event of a breach or threatened breach of the terms of this agreement by the prospective purchaser or any other person to whom the prospective purchaser has provided the information, the vendor shall be entitled to an injunction restraining the prospective purchaser from committing any breach of this agreement without showing or proving that any actual damage has been sustained by the vendor.