Located in a popular shopping center along Main South Road in the picturesque southern hills area, this well-established restaurant offers a unique opportunity for investors or aspiring restaurateurs. The restaurant boasts indoor seating for 60 guests and outdoor seating for 16, providing a cozy and inviting atmosphere.

Key Details:

• Operating Hours: 11:00 AM to 9:00 PM, six days a week
• Ownership: Managed by the current owners for the past 9 years, operating 10 months annually (owners spend 2 months overseas)
• Annual Turnover (2022): $820,000
• Net Profit (2022): $120,000
• Weekly Takings: $20,000 (Dine-in/Takeaway: $15,000 + UberEats: $5,000)
• Staff: 2 full-time, 5 part-time employees (excluding owners)
• Annual Salaries: $158,000
• Annual Rent: $51,000
• Lease: Valid until 2025
• Business Migration Compliant: Ideal for investors holding a 188 visa looking to qualify for the 888 permanent resident visa. The business’s investment price, turnover, and employment of Australian workers meet the visa requirements.

This business has not been previously used for business migration purposes, making it an excellent opportunity for eligible investors.

For more information or to make an offer, please contact the owner’s solicitor:

Charles Yuen
Email: admin@rexrealty.com.au
Mobile: 0422 233 112