Industry:
Food and Hospitality
Business Address:
151 Main Street, West Wyalong, NSW, 2671, Australia
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Click on pics to enlarge.
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| AD
ID: |
B250900006 |
| Asking
Price: |
AUD$995,000
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| Rent: |
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| Detail
business type: |
Chinese Restaurant |
| Business
Ph: |
0420 879 022 |
| After
hours ph: |
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| Name: |
Mr. Lam Ng |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
Lam and May |
| Phone: |
0420 879 022 |
| Mobile: |
0420 879 022 |
| Fax: |
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| Email: |
lam.and.may.chinese.restaurant@gmail.com |
| Website: |
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| Postal
Code: |
2671 |
| Country: |
Australia |
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Comments:
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Features |
ICONIC CHINESE RESTAURANT AND FREEHOLD 40+ YEARS PRIME MAIN STREET LOCATION
Own a thriving Chinese restaurant with freehold in West Wyalong, operating for more than 40 years. Includes full fit-out, licensed bar, upstairs rooms, and secret recipes. Huge potential for growth or redevelopment.
* Revenue $490,734 pa
* Rent $0 pa
* Expenses $162,249 pa
* Net Profit $176,663 pa
Located at 151 Main Street in the heart of West Wyalong, the property is positioned in the central business hub with high foot traffic, easy parking, and close to supermarkets, post office, and retail stores. The upstairs area offers potential for boutique accommodation, function rooms, or residence.
Opportunities exist to expand trading hours, modernise the menu, or add delivery services. The restaurant is fully equipped with commercial kitchen appliances, cool rooms, licensed bar, and seating for up to 160 guests.
Success suits those with hospitality or restaurant experience, strong customer service, and leadership skills. Culinary expertise in Asian cuisine is a bonus but not essential with current systems and recipes in place.
Trading hours are Tuesday to Sunday for both lunch and dinner, closed Mondays. The business is family-owned with reliable local staff. No lease is required as the freehold includes land, building, business, and all equipment.
The owners are retiring after more than 40 years, offering a rare opportunity to acquire a highly reputable business with loyal customers, strong community support, and a landmark location.
Price $995,000 Negotiable + SAV.
For further details please contact 0420 879 022.
Email: lam.and.may.chinese.restaurant@gmail.com
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- Busy Traffic Area
- Excellent Location
- Freehold Option
- Good Turnover
- Huge Potential
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