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BULLEEN, VIC
Established Japanese Restaurant | 30 Years of Trading | Melbourne Eastern Suburbs
New
Established Japanese Restaurant | 30 Years of Trading | Melbourne Eastern Suburbs
VIC
Food/hospitality · Restaurant
$158,000
BUSINESS SNAPSHOT- Revenue: $400,000- Stock Value: Approximately $5,000- Years Trading: 30+- Reported Net Profit: $150,000- Premises Size: 140 sqm- Lease Options: 3 x 3 x 3 years- Annual Rent: $37,000KEY DETAILS- Established reputation within the local community, supported by a loyal base of returning customers- Fully licensed restaurant with BYO available- Established restaurant premises with commercial kitchen equipment, refrigeration and dining furniture- Existing supplier relationships across Japanese food, fresh produce, meat and packaging- Opportunities to extend trading hours and develop takeaway and delivery serviceOperating since 1996, this Japanese restaurant offers an established opportunity to acquire a long-running hospitality business specialising in authentic Japanese cuisine. With a history spanning more than three decades, the business has built a regular local clientele and an established trading operation.The restaurant offers fully licensed dining and BYO, alongside takeaway services. Day-to-day operations include food preparation, kitchen management, customer service, reservations, stock control and general administration.Established supplier relationships cover Japanese food products, fresh produce, meat and packaging. Included equipment comprises commercial refrigeration, freezers, a commercial dishwasher, a six-burner wok stove, sushi bar refrigeration and dining furniture.The lease expires in 2035, with options of 3 x 3 x 3 years, offering potential long-term tenure subject to lease conditions and landlord approval.GROWTH OPPORTUNITIESThe Information Memorandum identifies several areas that a new owner could investigate to develop the business further:- Extending trading hours to capture additional customer demand.- Expanding takeaway and delivery services.- Introducing additional local marketing initiatives.- Reviewing the menu and operating efficiencies to support profitability.IDEAL BUYERThis business may suit an experienced hospitality operator, an owner-operator looking to acquire an established Japanese restaurant, or an existing restaurant group seeking to expand its presence in Melbourne's eastern suburbs.For a buyer with hospitality experience, the established customer base, existing fit-out and trading history provide a foundation from which to continue operations and explore further development.Interested parties will be required to complete a Confidentiality Agreement before receiving further confidential business information.FOR SALE: $158,000Contact the exclusive broker:Benchmark BusinessBenchmark Business Sales & ValuationsT: 1300 366 521If you would like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6724 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations
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