For Sale $30,000
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 $30,000

Business Details

Restaurant - Asian - Korean Cuisine - South West

\n Restaurant - Asian - Korean Cuisine - South West - Agent SBX Code Number: W1462

Restaurant serving a variety of hot and spicy fried crispy chicken, noodles, dumpling, fried pork, beef with sweet and sour sauce, seafood, special course menus. - 55 seats inside. - Excellent kitchen equipment imported from Korea.

Potential
By expanding home delivery and takeaway could increase sales by more than 10%. - Experienced couple could save on wages.

Features
Good location. Cheap rent.

Premises
This business has an area of 180 sq.mts.

Location
Situated in popular cafe - restaurant retail strip on busy road with high foot traffic.

Trading Hours
6 days - 1100 a.m. - 1000 p.m.

Lease
5 years from 2001 + 5 years - New lease available.

Employees
2 owners + 1 full timer + 1 part timer

Comments
During high season (Oct., Nov., Dec.) sales easily exceed $10,000 p.w. - Council rates, water and strata levies total $50 p.w. - Nett income based on two owners working.

Figures
Weekly Sales $10000
Rent (ex GST) $799
Wages $900
Profit $4000

Agent SBX Code Number: W1462 - 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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