For Sale $255,000
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 $255,000

Business Details

Restaurant - Chinese Cuisine - South West

\nRestaurant - Chinese Cuisine - South West - Agent SBX Code Number: FS1003

Chinese seafood restaurant selling live seafood and Chinese cuisine. - Live seafood tank with lobsters, fish & abalone. - Opens dinner and supper only. - A full sized commercial kitchen with all equipment in good condition, walk-in cool room with lots of room for storage. - 100 seats - Currently B.Y.O.

Potential
Could open 7 days with lunch operation. - Could also apply for a liquor license. - Couldrun under management as they have a reliable team of chef and kitchen staff.

Features
Long established. - Well known business. - Very low rent. - High turnover. - Profitable. - Good reputation.

Premises
This business has an area of 200 sq. mts.

Location
Prime position in a famous eat street in South West surrounded by restaurants and cafes.

Trading Hours
6 days - Thurs. - Tues. - 5 p.m. - 2 a.m. - Closed Wednesday.

Lease
Current lease will expire in 2019. A new 5 years lease will be granted with fixed rent. - 3 month rental bond.

Employees
2 owners + 5 full timers + 4 casuals

Comments
This business suits husband and wife and is especially good if one of the partners is a chef which would save on wages. - Good opportunity to purchase a quality business.- Well established for over 8 years.

Figures
Weekly Sales $22000
Rent (ex GST) $734
Wages $7000
Profit $4546

Agent SBX Code Number: FS1003 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $8654
  • Business Selling Price: $255000
  • Trading Hours: 6 days - Thurs. - Tues. - 5 p.m. - 2 a.m. - Closed Wednesday.
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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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