FOR SALE: Rare Opportunity - Thriving Vietnamese Restaurant Business

Seize the opportunity to own a highly successful and ONLY Vietnamese restaurant in the bustling area of Ocean Grove. This well-established business is perfectly positioned to attract locals and visitors alike, offering an exceptional investment for entrepreneurs and seasoned professionals.

Business Highlights:

• 9-Year Lease: Secure a long-term lease at $6000 per month + GST, providing stability and peace of mind.
• Impressive Weekly Turnover: Current revenue of $17,000 - $20,000 per week, with significant potential for further growth.
• Business Sale: Only $200,000, making this a fantastic opportunity to step into a thriving enterprise.

Prime Location and Features:

• Exclusive Offering: The only Vietnamese restaurant in the area, drawing a loyal customer base with its unique and authentic offerings.
• Proximity to Shopping Centers: Strategically located close to major shopping hubs, ensuring high visibility and foot traffic.
• Industrial Zone Location: Positioned in a high-traffic area of Ocean Grove, maximizing exposure and accessibility.

Property Details:

• Versatile Layout: The restaurant features soaring ceilings, limestone walls, and bamboo flooring, creating a warm and inviting ambiance.
• Dual Studio Spaces: Divided into two large areas, with the front studio showcasing cathedral ceilings and the rear space suitable for multiple uses. These spaces are perfect for private dining rooms, private entertaining areas, or party bookings, catering to a variety of customer needs.
• Commercial Kitchen: Fully equipped kitchen with stone benchtops, a stainless steel oven, and a servery window opening onto a serene courtyard.
• Outdoor Entertainment: The courtyard is surrounded by established gardens, providing an ideal space for hosting events or expanding services.
• Parking Solutions: Includes a remote double lock-up garage with tall roller doors, a single carport, and secure front yard parking.

Why Invest Here?

This is a one-of-a-kind opportunity to acquire a business with established success and room for exponential growth. The restaurant's strategic location, loyal clientele, and robust weekly revenue make it an unparalleled choice for investors or restaurateurs ready to take it to the next level.

To arrange a private inspection, please contact Mitch Hung Nguyen on 0478 77 6666 or Trin Le 0431 767 888 at Professionals St. Albans.

Condition of Entry: Please note that a Photo ID is required at all Inspections for any visitors entering the premises.

Disclaimer - All advertised information including illustrations do not constitute any representation by the agent or vendor as being definite or 100% correct. In all aspects of information, buyers should carry out their own due diligence. Contact us today to arrange a viewing and make this property your new.

Selling Price: $200,000 Only!

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers