FOR SALE
$130,000

Contact Agent For Address
Bankstown NSW 2200

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
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Famous Japanese Cuisine in Bankstown For Sales

The restaurant opened since 2015, and provide full range of Japanese cuisine to the locals. The restaurant currently holds a remaining lease term of 4 years, with a 5-year option and 3% annual increase in rental.
Owning this well-established restaurant presents a great opportunity to either start your business journey or expand your business map.
The restaurant is located in the heart of Bankstown central district, just minutes away from train station and shopping centre.
Facing the main street guarantees maximum visibility to the public and its proximity to a large number of small businesses ensures a consistent flow of walk-in and regular customers, as well as local deliveries.
The restaurant is approximately 120 sqm with seatings up to 30 guests, making it an ideal location for casual dining experience, catering service or parties. The menu offers an extensive selection from noodles/rice dishes to handcrafted sushi platter, from fresh sashimi to flavourful tempura. It is open 7 days with extended trading hours from 12pm to 9pm with 3-4 staff daily.
The sale includes the business name, an extensive range of top-quality equipment (including but not limited to, cool room, deep fryer and commercial kitchen), as well as a complete set of furniture.
The experienced chef/manager and dedicated staff will all remain in the business, ensuring a seamless transition and maintaining the exceptional standards of the restaurant and its loyal customer base. The restaurant is currently under management by the main chef/manager, there will be substantial cost reduction should the prospective owner desire to personally undertake the management.
The current owner is also generously offering a trial period, allowing the buyers to experience its potential.
- Asking Price: $130,000
- Immediate and sustainable cashflow, ROI approx. 1.5 years
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Property Details for Contact Agent For Address, Bankstown

Building Type
Commercial
Floor Size
120m2

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About Bankstown 2200

The size of Bankstown is approximately 6.5 square kilometres. It has 25 parks covering nearly 5.8% of total area. The population of Bankstown in 2011 was 30,571 people. By 2016 the population was 32,103 showing a population growth of 5.0% in the area during that time. The predominant age group in Bankstown is 20-29 years. Households in Bankstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bankstown work in a professional occupation. In 2011, 52.4% of the homes in Bankstown were owner-occupied compared with 48.2% in 2016.

Bankstown has 15,844 properties. Over the last 5 years, Houses in Bankstown have seen a 56.63% increase in median value, while Units have seen a 14.62% increase. As at 31 October 2024:

  • The median value for Houses in Bankstown is $1,416,285 while the median value for Units is $548,586.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 77 properties listed for sale, and 64 properties listed for rent in Bankstown on OnTheHouse. According to CoreLogic's data, 831 properties were sold in the past 12 months in Bankstown.

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