FOR SALE – ESTABLISHED FOOD BUSINESS | RANDWICK
Fully Fitted | Prime Location | Strong Customer Catchment
Asking Price: $75,000 + SAV
An excellent opportunity to acquire an established and fully equipped food business in a prime Eastern Suburbs location at an attractive entry price.
Currently operating as a popular Vietnamese takeaway, the business enjoys a prominent street-front position servicing the Randwick, UNSW and hospital precinct.
Continue the existing operation or potentially introduce your own food concept, subject to landlord and relevant approvals.
BUSINESS HIGHLIGHTS
Asking price $75,000 + SAV
– Average weekly sales approximately $8,000–$9,000
– Fully fitted commercial kitchen
– High-exposure street-front location
– New 5-year lease
– Established repeat customer base
– Simple operation with low staffing requirements
– Genuine retirement sale
PRIME RANDWICK LOCATION
– Surrounded by major customer generators including:
– UNSW
– Prince of Wales Hospital
– Sydney Children’s Hospital
– Medical centres and healthcare professionals
– Residential apartments
– Retail and dining precincts
– Light Rail and major bus routes
– The diverse catchment provides consistent trade from students, healthcare workers, local residents and professionals.
SUITABLE FOR
Existing Food Operators – Add another location without the cost of a complete new fit-out.
Couples or Family Operators – Hands-on owners can potentially reduce staffing costs and improve returns.
First-Time Buyers – Step into an established operation with equipment, customers and premises already in place.
New Food Concepts – Opportunity to introduce another takeaway or food concept, subject to approvals.
GROWTH OPPORTUNITIES
– Open Sundays and extend trading hours
– Introduce breakfast and coffee
– Expand catering to hospitals, offices and UNSW
– Grow Uber Eats, DoorDash and Menulog sales
– Refresh or expand the existing menu
The lease permits trading from 6:00am to midnight, 7 days a week, providing significant flexibility for a new operator.
GENUINE RETIREMENT SALE
After many successful years, the owner has decided to retire.
At just $75,000 + SAV, this is an affordable opportunity to acquire an established food business in a busy education, medical and residential precinct.
Enquire today for further information or to arrange a confidential inspection.