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Description: Business Overview
This authentic Chinese restaurant is strategically located on Military Road, Neutral Bay’s bustling commercial artery.
Spanning 95 sqm with 38-40 seats, the business is now available for sale, offering a prime opportunity to tap into a high-spending clientele of affluent residents, expatriates, and nearby office workers.
Operating Hours:
• Monday to Saturday: 11:00 AM – 3:00 PM (Lunch) | 4:30 PM – 9:00 PM (Dinner)
• Sunday: 5:00 PM – 9:00 PM
• Closed on Tuesdays
Key Advantages
Prime Location & High Visibility
• Positioned on Military Road with excellent street exposure, attracting steady foot traffic from commuters, residents, and professionals.
• Neutral Bay is a premium suburb with a high concentration of wealthy households and expats, driving strong demand for quality Asian cuisine.
Cost-Efficient Operations
• Rent: 5,675/month (GST inclusive), partial water rates covered (utilities: $400/week).
Streamlined Staffing:
o 1 Head Chef
o Floor Staff
Ready-to-Operate Setup
• Fully equipped kitchen – no renovation required. Immediate takeover ensures minimal downtime.
• Established menu and loyal customer base for seamless transition.
Growth Opportunities
• Expand revenue through partnerships with delivery platforms.
• Flexible lease terms: 3 months remaining + 5 year renewal option for long-term stability.
Ideal For:
o First-time owners seeking a proven business model.
o Investors targeting high-yield hospitality assets.
o Families or couples aiming to operate independently.
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