New price
Japanese Restaurant In An Established Suburb

3/1 Howtree Place, Floreat WA 6014

$115,000 plus Stocks. No GST

BusinessSize: n/a
Located in a popular local shopping centre with established clientele, this Japanese restaurant offers the avenue to gain presence in Floreat and the adjoining upper market neighbourhood.

The Restaurant

The front of the shop is an outdoor sitting area for shoppers' rest and relaxation, pleasant and breezy. In the vicinity is other food outlets and grocery stores.

Its internal area of about 189 sqm offers spacious and comfortable dining experience. The current layout has a sushi train in the middle and around it of about 40 seating capacity plus the potential to expand. There is also a drink station in the dining area. Primarily the decoration is using timbers, bamboos and lanterns, exuberating the Japanese eatery ambience in the early era. Overall, the premises is very well maintained with little or no need to renovate.

The kitchen provides ample space to move around, fully equipped with cooktop, rangehood, fridges, washing machine, as well as room for dried food storage and an office.

Additionally loading dock is right at rear, very convenient for deliveries.

Currently it operates 6 hours daily, open 5 days a week for lunches and dinners. (closed on Monday and Tuesday). The opening hours and workdays could be adjusted with centre management approval.

Lease Info

The lease is expiring in 2026 with the option to extend for another 5 years.

Location At Floreat Forum Shopping Centre

The immediate suburbs to Floreat include Churchlands and Wembley, further away there are City Beach, Jolimont and Subiaco. Accessibility is easy via The Boulevard, Grantham and Cambridge St to name a few.

Given the strategic location, the demand for Japanese food and the residents in these areas, a savvy operator could potentially increase the patrons and bring the business to the next level. It is a great opportunity to secure the business, build on its accomplishment and extend the reach! You have the choice now.

Please contact John Hu at 0425 60 18 81 today and arrange a private viewing.

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Property type:
Business

Other Details

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Property history

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Floreat suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
8,621
Listing ID: 182446545. This listing has been viewed 0 times. It was first displayed on 15/04/2024 and last updated on 29/04/2024.
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.