For Sale $289,000
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 $289,000

Business Details

Restaurant - Chinese Cuisine - Under Management - South West

\nRestaurant - Chinese Cuisine - Under Management - South West - Agent SBX Code Number: SR1058

Licenced restaurant serving Sichuan style Chinese cuisine. - Sichuan hot pot, beef, pork, lamb, chicken and soft drinks etc. - Full kitchen, walk-in coolroom, freezer. - 16 seats outside - 96 seats inside.

Potential
Owner operator could save on wages and increase turnover. - Could open earlier.

Features
High standard traditional Chinese style fitout. -Under management. - Well respected.

Premises
This business has an area of 180 sq. mts. with tables set up for Hot Pot and Chinese cuisine dining.

Location
Situated next to major railway station.

Trading Hours
7 days - Mon. - Thurs. - 5 p.m. - 10 p.m. - Fri. - Sun. - 5 p.m. - 12 p.m.

Lease
5 + 5 year lease from July 2010. - C.P.I. increases.

Employees
1 fulltime head chef + 1 fulltime kitchen hand + 1 fulltime manager + 5 casual waiters

Comments
Excellent for investor or owner operator. - Weekly takings are growing. - One of Sydneys most popular Chinese dining spots.

Figures
Weekly Sales $11000
Rent (ex GST) $1680
Wages $3000
Profit $4110

Agent SBX Code Number: SR1058 - 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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