For Sale $288,000
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 $288,000

Business Details

Chinese Cuisine - Restaurant - South Coast

\nChinese Cuisine - Restaurant - South Coast - Agent SBX Code Number: SM1247

Licenced restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in coolroom. Full kitchen.

Potential
Could add live seafood. Suit owner operator or investor. Do promotions to develop home delivery..

Features
Excellent street front location with ample parking. Very profitable. Low rent.

Premises
This business has an area of 200 sq.mts. and was recently refurbished.

Location
Situated at large local shopping centre facing car park and street.

Trading Hours
7 days - 1130 a.m. - 1030 p.m.

Lease
6 year lease commenced Feb. 2012. - C.P.I. increases. - 3 months bond.

Employees
2 owners + 2 fulltimers + casuals

Comments
Very profitable. Rent includes all outgoings and water.

Figures
Weekly Sales $17000
Rent (ex GST) $1277
Wages $3800
Profit $5500

Agent SBX Code Number: SM1247 - 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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