Discovering the precious great opportunity to the popular restaurant is coming on the market for the first time, offering a unique opportunity to get into a successful business with a large group of local food lovers. 
Business Information
– The owner spent $600,000 to set up this well-known restaurant in 2019.
– It’s situated in a busy suburb in the city of Gold Coast
– Trading time Monday to Sunday from 11:30am to 2:30pm;5pmto 9pm
– Busy hours at night 6:30 pm to 8:30pm
– Average weekly sales around $21000
– The restaurant provides varieties of seafood, meat and vegetables with its famous hot pot soup base with recipe, snacks, beverages and alcohol at your choice.
– Cheap rent monthly base rent $6753.05 + GST and inclusive outgoing with large size of 200 square meters inside and 40 square meters at backyard
– The business supplies 80 + seats in total
– Long lease ends in 2030 with 3% increase per year
– Food cost is around 28%
– One full time manager with 10 part time staff
– weekly average wages is around $4200
– Quarterly electricity is around $4300
– Monthly Gas is around $450
– Great profit
Business Strength
– Well – Established and well- known
– Good Location with busy traffic
– Easy to learn and easy to operate
– Under the present business fully Under management, you still can enjoy abundant joyful family time with your loved one.
– Capable and loyal manger with well-trained staff
– The business is not limited by any culinary skills
– The owner will provide free training of a set of soup base formulas that have been successful and easy to learn and advancement
– First class service
– Cheap rent with a good long lease
– The business generates stable and abundant profit ( average 2022 & 2023 yearly net profit is around $250,000)
Business Potential Growth
-There are more type of soup base and meat can supply
– Add special dishes from different cultural backgrounds as promotions
– Plenty of promotions can explore to bring more customers such as Facebook and Instagram, present solely depend on word of mouth
Reason for Sale
Take other life challenges.
Asking price $395,000.00 + stock
Please contact 0432 843 715 for details