For Sale $750,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $750,000

Business Details

Restaurant - Shanghai Cuisine - North West Sydney



Restaurant - Shanghai Cuisine - North West Sydney - Agent SBX Code Number: FX1005

Restaurant serving Shanghai cuisine including mains, seafood, desserts etc. - Full kitchen - Seafood tanks - Excellent designed dining area (including three VIP rooms) is perfect for family, corporate or private events. - Full kitchen - 200 seats inside - Licenced

Potential
Could do more marketing to boost even higher sales

Features
Well established - Popular Shanghai cuisine - Excellent fitout - Great location - Well known by locals.

Premises
This business has an area of 300 sq. mts. and large basement garage with enough space for three cars.

Location
Busy local main street with lots of traffic in North West Sydney area close to shops and shopping centres.

Trading Hours
7 days - 10 a.m. - 10 p.m.

Lease
Current lease expires November 2022 + 2 years option. - Annual rental C.P.I. increases

Employees
One owner + 3 fulltimers + 10 casuals

Comments
Eligible for employer sponsorship visas.

Figures
Weekly Sales $35000
Rent (ex GST) $4500
Wages $6500
Profit $8000

Agent SBX Code Number: FX1005 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $12000
  • Business Selling Price: $750000
  • Trading Hours: 7 days - 10 a.m. - 10 p.m.
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Enquire

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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