For Sale $238,000
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 $238,000

Business Details

Restaurant - Chinese Cuisine - South Coast

\nRestaurant - Chinese Cuisine - South Coast - Agent SBX Code Number: SM1030

Restaurant selling Chinese cuisine, entrees, noodles, fried rice, hot pots, sizzlings and salads. Licenced. Nice bar. 110 seats inside. 110 seats outside in courtyard.

Potential
Home delivery. Suit owner operator or investor.

Features
Very solid business. Beautiful fitout. Full kitchen.

Premises
This business has an area of 300 sq. mts.

Location
Corner location of City centre

Trading Hours
7 days - 1000 a.m - 1000 p.m

Lease
2 + 5 year lease or 5 + 5 year lease will be offerred. - 1 month bond.

Employees
2 owners + 5 fulltimers + 10 casuals

Comments
Best in the town.

Figures
Weekly Sales $30000
Rent (ex GST) $2500
Wages $7500
Profit $7980

Agent SBX Code Number: SM1030 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Ownership: Freehold
  • Lease Options: 2 x 5 years
  • Floor Area Retail Office: 50.00
  • Lease Basis Of Rent Review: CPI Annually
  • Value Of Work In Progress: $1000
  • Written Down Plant Equipment: 10000
  • Equipment Lease Hire Purchase: 20000
  • Wages Proprietors Family: $20000
  • Wages Staff: $20000
  • Expenses: $11020
  • Earnings Before Interest Tax: 4% p.a.
  • Debtors: $5000
  • Creditors: $5000
  • Business Selling Price: $238000
  • Trading Hours: 7 days - 10:00 a.m - 10:00 p.m
  • Operating Days: 5.5
  • Number Of Staff Members: 5
  • Buying Group: Acme medical
  • Licenses And Permits: Medical centre
  • Licenses And Permits: Acme accountants
  • Solicitor Details: Acme solicitors
  • Name Tradmarks IP Transferable: YES
  • Copy Of Menu Services: YES
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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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