For Sale $220,000
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 $220,000

Business Details

Takeaway - Asian - Chinese Cuisine - South West Sydney

\nTakeaway - Asian - Chinese Cuisine - South West Sydney - Agent SBX Code Number: M1747

Takeaway selling Asian / Chinese hot food, noodles, rice, laksa, freshly made sushi and cold drinks. - Large well equipped kitchen with coolroom and freezer. - Goods are all delivered. - Renovation in 2007 cost $230k plus renovation in 2014 cost $35k.

Potential
Could change menu for different style Asian food. - Suit family operators to save on wages and increase profit.

Features
Long established for 14 years. - Only one Asian hot food takeaway in foodcourt.

Premises
Newly refurbished shop with an area of 64 m2.

Location
Prime location in foodcourt in South West shopping centre

Trading Hours
7 days - 9 a.m. - 530 p.m. - Thurs. - 9 a.m.- 9 p.m.

Lease
5 years lease commenced 1st Nov 2013. - 5% increases. - 3 months bank guarantee.

Employees
Under semi management - 3 fulltime chefs + 4 casuals. - Owner only works 1-2 hours a day.

Comments
The weekly profit shown is based on 2 owners working full time in the business. - Current business is under semi management with total wages $3590 and profit $1826 a week. - 3 years financial report available. - The motivated owner has run this business for 14 years and wants to retire. - Inspection through SBX Business Brokers only.

Figures
Weekly Sales $11175
Rent (ex GST) $1417
Wages $2000
Profit $3417

Agent SBX Code Number: M1747 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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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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