Yumcha - Food Court Westfield Belconnen Mall, Belconnen - Price for a Quick Sale

Yumcha - Food Court Westfield Belconnen Mall, Belconnen ACT 2617

By Negotiation

BusinessSize: n/a
Price by negotiation
Yumcha-Food Court Westfield Belconnen Mall (Price for a Quick Sale)
An excellent opportunity to purchase an established and successful business located in a prime location, within the busiest shopping mall in Canberra at Belconnen Food Court. This would suit a couple or family starting their own small business. Opportunities like this don't come along often. Guaranteed return on investment.

Price $250,000 neg. (plus stock at value) No franchise fees

Location:
Perfectly located in a high pedestrian traffic area in Westfield Belconnen shopping centre. Currently trades 7 days a week 9.00am till 6.30pm (Friday till 9.00pm).

Features:
The shop was renovated in November 2012. No further upgrade needed for more than four years.

The shop is well equipped with a variety of new/upgraded facilities, including new meat slicer, upgraded cool room and freezer, ovens, cook tops, a range of new pots and rice cookers, a hot food display cabinet and a cool bar, a newly designed graphic menu and the BBQ display cabinet (the only one in the food court).

A range of newly established popular Chinese salad/snacks.

Recently installed Commonwealth Bank EFT Mobile payment system.

The facilities and equipment would suit a variety of Asian cuisine, e.g. Chinese, Vietnamese, Thai, Malaysian or Indian
Growing customer base that brings to the business increase in profit every year.
Capitalise on future redevelopment plans for Belconnen which promise an even higher increase in customers/revenue.

Lease:
Shop area of 38m2, a secure lease is in place until June 2018 with further lease options available to extend. Rent is approx. $3,200 (incl. GST) per week. No further investment required.

Financials:
Gross annual income in 2013: over $600,000. Books are available for inspection. Sale price includes training (as required) and recipes. Staff would love to stay on.

FURTHER INFORMATION PROVIDED TO GENUINE BUYERS BY APPOINTMENT ONLY.
CONTACT DETAILS: ALICE (owner): 0413702818/LILY (owner):0470411148

Inspections

No open inspections scheduled.

Send an enquiry

Contact Alice to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

  • Alice

    Private lister

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What's nearby

Florey PrimaryPrimary School
1.7km
Canberra High SchoolHigh School
1.9km
Calvary Private HospitalHospital
2.5km
Belconnen MallMajor Shopping Centre
0.3km
University Of CanberraUniversity
1.6km
Lake Ginninderra CollegeCollege
0.7km
Belconnen Post OfficePost Office
0.3km
Aust. Defence AcademyTafe
10.4km

Property history

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Belconnen suburb information

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SummaryMedian sales
Average Age
30 years
Population
8,502
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Listing ID: 169072874. This listing has been viewed 3145 times. It was first displayed on 02/06/2014 and last updated on 03/06/2014.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.