Food/Hospitality for sale
Restaurant - Chinese Cuisine - Upper North Shore
Restaurant - Chinese Cuisine - Upper North Shore - Agent SBX Code Number: SM1423
Restaurant serving traditional Chinese Cuisine including seafood, daily Yum Cha, Peking duck, sang choy bow, beef, chicken, pork and vegetarian dishes. - Full commercial kitchen with cool room. - 180 seats.
Add catering - Promote corporate functions and parties. - Motivated owner will improve the turnover.
Prime location - Attractive fitout - Good reputation - No competition.
This business has an area of approx. 350 sq.mts. plus store room and toilets.
Situated in shopping centre in Upper North Shore.
7 days. -Mon. - Sat. - Lunch -1100 a.m. - 300 p.m. - Dinner - 530 p.m. -1030 p.m. - Sun.- Lunch- 1030 - 300 p.m - Dinner -530 p.m - 1030 p.m
Current lease expires June,2018. - 3% increases. - New lease should be on offer. - 3 months Bank guarantee.
1 owner + staff.
Miscell. 1. is GST. - Miscell. 2 - Gas and Electricity -Rent includes huge storeroom and all outgoings - Inspection is high recommended. - Please do not talk to any shop staff when visiting the business. - Profit shown is for 2 working owners.
Weekly Sales $31700
Rent (ex GST) $5000
Agent SBX Code Number: SM1423 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO