For Sale $160,000
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 $160,000

Business Details

Restaurant - Asian - Chinese Cuisine - South West Sydney

\nRestaurant - Asian - Chinese Cuisine - South West Sydney - Agent SBX Code Number: M1679

Chinese seafood restaurant serving live seafood and stir-fried hot food. - 120 seats and 3 VIP rooms upstairs. - Liquor licence.

Potential
Ideal for an experienced chef operator who can save on current huge wages and increase profit up to $4000 per week. - Could open 7 days and lunch.

Features
Good location. - Well known. Regular customers. Cheap rent. Great potential.

Premises
2 levels with an area of 200 m2 and is in good condition.

Location
Situated on main road in South West Sydney area.

Trading Hours
6 nights - 530 p.m. - 1 a.m. - Tuesday closed

Lease
4 + 4 year lease commenced 2009. - C.P.I. increases. - 3 months bond. - New 4 + 4 year lease available.

Employees
2 owners + 2 chefs + 1 fulltimer + 3 parttimers

Comments
Great buy opportunity for this long established and solid income business.

Figures
Weekly Sales $22000
Rent (ex GST) $1435
Wages $6500
Profit $2500

Agent SBX Code Number: M1679 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Selling Price: $160000
  • Trading Hours: 6 nights - 5:30 p.m. - 1 a.m. - Tuesday closed
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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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