Bundoora, Victoria 3083

Longstanding Asian Eatery - University Location

For Sale | $389,000 + SAV

Takeaway Food

This is a solid opportunity to run a rare, profitable and long-running eatery in Northeast Melbourne.

Operating since 2012, this business offers both takeaway and dine-in, accommodating 100 customers indoors and 50 outdoors from its 200 sqm site. It has become known for its high quality and diverse menu, attracting a loyal customer base and allowing it to exceed $800,000 in annual revenue and a $230,000 net profit-all while trading only five days a week.

The business has low overheads, with rent at $3,800 per month covering all outgoings except electricity and no council rates. It features a fully equipped commercial kitchen (all equipment is owned, except for the coffee machine).

*Taking over $15,000 PW
*Rent $3,800 PM, including outgoings
*200 sqm with 100 indoor, 50 outdoor seats
*Fully equipped kitchen; all plant and equipment are owned except the coffee machine
*Rare strategic university position

Contact John today to secure this highly profitable business before it's gone!

Listing ID: ME03252
Broker: John Zhang
Phone: 0419 366 236
Email: john.zhang@linkbusiness.com.au
Ref: ME03252
Timestamp: 20250619023003

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John Zhang

LINK Melbourne / Tasmania

Overview

This Takeaway Food Business is one of 22 businesses for sale in Preston, Victoria, and one of 6 Takeaway Food Businesses in this region that a business for sale currently has on offer. This Takeaway Food Business is for sale in Preston for the asking price of $389,000 + SAV and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..