For Sale $108,000
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 $108,000

Business Details

Restaurant - Chinese Cuisine - South

\nRestaurant - Chinese Cuisine - South - Agent SBX Code Number: SM1066

Restaurant serving Chinese cuisine including live fish, lobster and mud crabs. 140 seats. Licenced. Very large full kitchen with walk-in coolroom and freezer.

Potential
Upgrade for private functions and Yum Cha. Do more home deliveries.

Features
Authentically decorated. Very well established. Loyal customers. Very stable.

Premises
This business has an area of 350 sq. mts. including huge storage, office and staff toilet.

Location
Situated on main road with lots of passing traffic.

Trading Hours
7 days - Lunch- Wed. - Sun.- 1100 a.m - 230 p.m - Dinner - Mon. - Thurs. - 430 p.m - 1030 p.m - Fri - Sat 430 p.m - 1200 a.m - Sun - 430 p.m - 1000 p.m

Lease
5 + 5 lease commenced 20/9/2009. 3 month bond.

Employees
1 owner + 3 fulltimers + 3 casuals

Comments
Only Chinese restaurant in the area.

Figures
Weekly Sales $10000
Rent (ex GST) $1320
Wages $3000
Profit $1800

Agent SBX Code Number: SM1066 - SBX Business Brokers

Summary »

  • 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
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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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