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

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).

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.

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.

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.

CONTACT DETAILS: ALICE (owner): 0413702818/LILY (owner):0470411148


No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
  • Alice

    Private lister

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What's Nearby

Florey PrimaryPrimary School
Canberra High School, MacquarieHigh School
Calvary Private HospitalHospital
Belconnen MallMajor Shopping Centre
University Of Canberra, BruceUniversity
Lake Ginninderra CollegeCollege
Belconnen Post OfficePost Office

Belconnen Suburb Information

Average Age
30 years
Belconnen Profile
Belconnen Occupancy

Contact details

AlicePrivate lister
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This listing has been viewed 2437 times. It was first displayed on 02/06/14 and last updated on 03/06/14.