Food/Hospitality for sale
Chinese Restaurant - Asian Cuisine - Under Management - City
\nChinese Restaurant - Asian Cuisine - Under Management - City - Agent SBX Code Number: M1725
Chinese restaurant serving delicious and fast food such as signature dishes, Jianbing, noodles, soup, wraps and home made brewed drinks. - Open kitchen. - 40 seats.
Could trade longer hours till 12am in this busy location. - Could expand to franchise business. Active owner operation could save on wages and increase profit.
Top location. - Tasty and simple food menu. - Very high margins. - Under management. - Excellent fit out.
Newly refurbished shop with an area of 70m2 plus 12m2 storage room.
Prime street front location in high pedestrian traffic area of Sydney CBD centre.
7 days - 11 a.m. - 1030 p.m.
5 + 2 year lease commenced Nov. 2013. - 5% increases. - 3 months bond.
Fully under management. - 1 Manager + 5-6 staff
The rent is inclusive of all outgoings, water, rubbish removal and outside seating area. - The business takings reached $25,000 in the summer season. - Well priced. - Great investment opportunity.
Weekly Sales $21000
Rent (ex GST) $6750
Agent SBX Code Number: M1725 - SBX Business Brokers
- 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