Vietnamese Restaurant (Asset Sale) Little Pho Tuck Shop – Kew, VIC

Description

This is a rare opportunity to acquire the complete setup of a once-thriving Vietnamese restaurant in the heart of Kew, Victoria. Little Pho Tuck Shop was a beloved local spot known for its authentic cuisine, but due to health issues, the family has made the difficult decision to sell.

Key Details:

• Location: Prime position in Kew, Victoria, an affluent suburb with strong foot traffic and loyal clientele.
• Asset Sale: This is a sale of plant & equipment and lease – the business is not being sold as a going concern. No financials will be provided.
• Comprehensive Setup: The sale includes an extensive holding of Plant & Equipment, everything required to operate a restaurant.
• Weekly Takings (When Trading): Averaged $12,000 per week before the business ceased trading.
• Lease Details:
  • 3 years remaining on the current term
  • Option for an additional 5-year term
  • Monthly rent: $5799 + GST
• Turnkey Ready: Although not currently trading, the business is fully equipped and ready for a new owner to restart operations.
• Reason for Sale: Owner unable to continue due  to health issues.

This is a fantastic opportunity for a motivated buyer looking to capitalize on an already-established brand and location. Don’t miss your chance to bring this Kew favourite back to life.

Contact us today for more details and to arrange a viewing!

Contact: Cameron Ryan on 0411 145 114 –  [email protected]

PRICE: $50,000 WIWO – ALL OFFERS CONSIDERED