ICONIC ROSEBUD CHINESE RESTAURANT, BAR & TAKE AWAY 1179 Point Nepean Road, Rosebud VIC, 3939
BUSINESS Detail
BUSINESS DESCRIPTION
Boston Brokers welcomes to the market an exciting opportunity to acquire, on a leasehold basis, and exceptionally well run and performing LICENCED CHINESE RESTAURANT, BAR, & TAKEAWAY. Occupying a corner position, main road trading location, mixed residential/commercial area, ROSEBUD.
Jade Court Restaurant has been under the careful ownership of our client for over 30+ years, growing the business to an impressive level with consistent turnover & with an excellent local reputation & benefiting from an alcohol licence.
This is THE well-known Chinese restaurant opportunity you have been waiting for and priced to sell fast, as the owner is simply looking forward to a slower pace of life!
This stand-alone, well established, beautiful, clean, and cozy restaurant is located in a perfect high visibility location and has left the best impression!
Hospitable hosts and servers, delicious dishes, and beautiful presentation. The restaurant provides a great atmosphere, amazing food, and friendly service which leave guests with a great experience. The ambiance is very welcoming and charming. Staff are extremely knowledgeable and make great recommendations. The quality and the price are very reasonable and fair for the portion size. Making the customers happy is their main priority. Overall, an excellent, unassuming and wonderful find.
The space is ample with seating for up to 65 patrons. The interior feels traditional yet casual. In addition to the dining area, the restaurant boasts a full service bar and separate entry take-away service area.
If you are looking to open your first restaurant or expand your restaurant empire, this could be a perfect fit. Everything in this restaurant is perfect. It needs nothing.
BUSINESS ATTRIBUTES:
* Award-winning, iconic restaurant – unsurpassed name recognition, reputation, and customer satisfaction
* The owner has, over the past 40 years cultivated a very loyal clientele.
* Location, location, close to major shopping centres with many national brands as neighbours, and with ample, convenient public parking and heavy traffic count
* Restaurant Liquor License & BYO
* Solid customer base with many repeat customers
* Strong sales and mix of in-person, carry-out, third-party delivery, and banquet sales with excellent social media ratings and reviews.
* Excellent, long-term lease! Rent is extremely reasonable for this highly visible and trafficked location.
* Most employees have been with the restaurant for over 7 years and offer the new owner a turnkey opportunity.
* Revenue has been steady over the years with gross revenue hitting the $1,200,000+ level consistently. Sales volume increased during a pandemic.
* The commercial kitchen is fully equipped with everything you need to continue to operate this successful business. The kitchen includes large walk-in cooler, freezers, woks, fryers, commercial stove and much more.
* The town is a popular tourist destination with the local area being well serviced in terms of local amenities.
* Tremendous business growth opportunities
Hours of operation are Monday thru Sunday-12:00PM – 2.45 PM and 5:00 pm – 9:00 PM.
Our client would be willing to offer a handover period to the purchaser, this will help the transaction run smoothly. This restaurant has very little competition around and would be a great opportunity for any purchaser with experience in the trade.
The business has been placed on the open market as it’s our clients desire to leave the industry and retire.
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
Very rarely do businesses of this calibre come to the open market therefore, early viewings is highly recommended to avoid disappointment.
For further details, contact:
Boston Brokers
Nathan Lihari 0411 988 999
