For Sale $690,000
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 $690,000

Business Details

Chinese Restaurant - Sichuan Cuisine - City

\n Chinese Restaurant - Sichuan Cuisine - City - Agent SBX Code Number: SM1242

Licenced restaurant serving Sichuan style cuisine. - Live fish and seafood, Sichuan hot pot, beef, pork, lamb, chicken and soft drinks etc. Full kitchen, walk-in coolroom, freezer. - Computerised register system. - 110 seats.

Potential
Owner operator would save on wages. Could extend opening hours.

Features
High standard traditional Chinese style fitout. Under management. Well established.

Premises
This business has an area of 220 sq.mts.

Location
Central location in Sydneys Chinatown.

Trading Hours
6.5 days - Mon. - Sun. - Lunch - 1100 a.m. - 300 p.m. - Dinner. - 430 p.m. - 1030 p.m. - Tuesday lunch closed.

Lease
5 + 5 years (commenced Nov., 2009 ) - C.P.I. increases. - 3 month bond.

Employees
1 Manager + 2 fulltime chefs + casuals.

Comments
Excellent for investor owner operator. Weekly takings shown are yearly average. Summer time takings are more than $28,000 p.w. - This business used to take $45,000 p.w. - Call broker for inspection.

Figures
Weekly Sales $25000
Rent (ex GST) $2900
Wages $6500
Profit $9000

Agent SBX Code Number: SM1242 - 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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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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