Industry:
Food and Hospitality
Business Address:
151 Main Street, West Wyalong, NSW, 2671, Australia
Click on pics to enlarge.
AD
ID:
B250900006
Asking
Price:
AUD$995,000
Rent:
Detail
business type:
Chinese Restaurant
Business
Ph:
0420 879 022
After
hours ph:
Contact Details
Name:
Mr. Lam Ng
Advertising
Nature:
Private Seller
Company
Name:
Lam and May
Phone:
0420 879 022
Mobile:
Fax:
Email:
lam.and.may.chinese.restaurant@gmail.com
Website:
Suburb/State:
West Wyalong / NSW
Postal Code:
2671
Country:
Australia
Comments:
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
