156 Edith Street, Innisfail
BUSINESS FOR SALE - 40+ YEAR LOCAL ICON
THE OPPORTUNITY
If you've lived in Innisfail long enough, you already know this place.
Wai Young Chinese Restaurant has been operating in the same location for over 40 years. Same family, same setup, and a reputation that's held the entire time.
Now they're ready to move on.
Not because it failed. Because life moves on.
And instead of shutting the doors, they're giving someone the opportunity to take it over.
WHAT YOU'RE ACTUALLY BUYING
This is not being sold as a polished, high-margin business with perfect books.
This is a fully fitted, operating restaurant with history, recognition, and everything already in place.
You're stepping into:
- A known name in the community
- A full commercial kitchen set up for Asian cooking
- Existing customer base
- Liquor licence
- Established location with highway exposure
The structure is there. What you do with it is up to you.
THE SETUP
- 303m² restaurant space
- Fully equipped commercial kitchen
- Dining area and service layout already in place
- On-site parking
- Liquor licence in place
- High exposure position
THE LEASE
- Rent: approx $2,900/month + GST
- Term: 3 years + 3 year option (commenced March 2025)
- Approved use: restaurant / takeaway
HOW TO APPROACH THIS
You can keep it exactly as it is, or you can change it completely. Rebrand it, update the menu, add coffee, modernise the space, or take it in a completely different direction. The hard part is already done with the premises, equipment, location, and recognition all in place. This suits someone who wants to run their own place and walk into something that already exists. It's a low entry point for someone motivated to take over and start operating immediately.
If you've lived in Innisfail long enough, you already know this place.
Wai Young Chinese Restaurant has been operating in the same location for over 40 years. Same family, same setup, and a reputation that's held the entire time.
Now they're ready to move on.
Not because it failed. Because life moves on.
And instead of shutting the doors, they're giving someone the opportunity to take it over.
WHAT YOU'RE ACTUALLY BUYING
This is not being sold as a polished, high-margin business with perfect books.
This is a fully fitted, operating restaurant with history, recognition, and everything already in place.
You're stepping into:
- A known name in the community
- A full commercial kitchen set up for Asian cooking
- Existing customer base
- Liquor licence
- Established location with highway exposure
The structure is there. What you do with it is up to you.
THE SETUP
- 303m² restaurant space
- Fully equipped commercial kitchen
- Dining area and service layout already in place
- On-site parking
- Liquor licence in place
- High exposure position
THE LEASE
- Rent: approx $2,900/month + GST
- Term: 3 years + 3 year option (commenced March 2025)
- Approved use: restaurant / takeaway
HOW TO APPROACH THIS
You can keep it exactly as it is, or you can change it completely. Rebrand it, update the menu, add coffee, modernise the space, or take it in a completely different direction. The hard part is already done with the premises, equipment, location, and recognition all in place. This suits someone who wants to run their own place and walk into something that already exists. It's a low entry point for someone motivated to take over and start operating immediately.
features
- Air Conditioning
- Car Parking - Surface
- Carpeted
- Close to Schools
- Close to Shops
- Close to Transport
Contact The Agent
overview
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8652556
-
$49000
-
Other
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For Sale
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156 Edith Street Innisfail QLD
-
303 sqm