5 Day Licensed Asian Restaurant Semi Managed

$120,000 WIWO

Mount Coolum, Queensland 4573

$120,000 WIWO


5 Day Licensed Asian Restaurant Semi Managed

Price reduced for early sale.

Bao Down Mount Coolum opens five evenings only for Dine In and Takeaways. No near opposition. Turnover $10,000 plus per week. Low outgoings.

Great business, perfect for a couple. Simple to operate. Fully Staffed. (Owner carries out mainly Admin duties )

Established by the current owner seven years ago, the business opens Tuesday to Saturday from 4:30pm to 8:00pm (8:30pm Friday and Saturday).

Mount Coolum is a high growth residential suburb surrounding Mount Coolum National Park, and in proximity to several popular beaches and 18 hole Golf Course.

The Shopping Centre has just been upgraded. Other outlets comprise an IGA, Café, Bakery, Pizza, Bottle Shop, Pharmacy, Newsagent, Medical Centre and Emporium.

Bao Down has a secure Lease. Rent/Outgoings including GST is $952 per week.

Staff comprises 2 Chefs, Dishwasher, 3 Seniors and 3 Juniors on casual hours as required.

Seating is provided for up to 50 which can turn 2 or 3 times on Friday and Saturday evenings. Patronage is largely loyal locals. (Very little dependence on the tourist market)

The restaurant is air-conditioned, well-equipped and very clean and tidy. Full Schedule of Plant and Equipment is included with the 'Business Profile'.

Scope exists to increase revenue by opening all evenings, promote the Liquor Licence, provide take home fresh/frozen meals and introduce a local delivery service.

Owner has a young family and is selling to have a break.

Bring your enthusiasm, ideas and skills to Mount Coolum, on the wonderful Sunshine Coast.

Full training on all aspects of the business will be provided as necessary to ensure a smooth, seamless change of ownership.

Visit at: www.baodown.com.au, Facebook and Instagram

For business profile and viewing contact:

Trevor Tiplady
AW Business Sales
Ph: 0424438025
Email: trevor@amberwerchon.com.au


Business Snapshot

Price: $120,000 WIWO 
This listing last updated:
11th May 2022

Marketing Contact

Trevor Tiplady

Marketing Agency

Trevor Tiplady

Amber Werchon Property

Map Location ( get directions )

Mount Coolum, Queensland 4573 Exact map location not provided