Chinese restaurant for sale in Knox, Melbourne: asking A$99,000, rent A$700 a week. Figures as stated by the seller; listed 2026-10-30.
Asking priceA$99kA$99,000 · Fixed price
Weekly revenueA$0
Annual net profitA$0
Weekly rentA$700
Lease remainingNot given
Price ÷ profit (seller's figures)—Needs the asking price and yearly profit
Description
Chinese restaurant business in Knox, Melbourne (street-front shop), established 2017. Rent A$700 a week. Stock is included in the price. Reason for sale: retiring. Features: fully equipped, liquor licence, parking.
The seller keeps the business name, street address and financial records (BAS, POS and P&L notes) private. Request them, and you can see them once the seller approves.
Questions worth asking before an inspection, based on the seller's figures. It does not judge the business and is not a valuation or advice — rely on the actual records.
No revenue figure given — ask for POS reports or the last 12 months of BAS before inspecting.
No net profit given, so the price-to-profit ratio cannot be worked out.
The remaining lease term is not given.
Questions to ask the seller before you inspect
Can you provide the last 12 months of BAS, POS reports and bank statements?
The lease itself: term left, options, annual increases and who pays outgoings?
Will the landlord consent to the assignment? Is there a bond or bank guarantee to transfer?
How are staff wages, contracts and accrued annual leave handled?
Is there an equipment list, and is anything leased or under hire purchase?
Any unpaid bills, fines, complaints or health-inspection issues?
Are food safety certificates and council registration in order and transferable? Do the delivery-app accounts come with the sale?
What type of liquor licence is it, can it be transferred, and how long does approval take?
