For Sale $50,000
SBX Business Brokers

View phone number

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $50,000

Business Details

Restaurant-Asian-Chinese Cuisine-Takeaway - South Sydney

\nRestaurant-Asian-Chinese Cuisine-Takeaway - South Sydney - Agent SBX Code Number: M1778

Restaurant serving Chinese cuisine including BBQ duck and rice and other hot dishes. - Full commercial kitchen with cool room and frozen room - 150 seats - Newly renovated shop. - Licenced

Potential
The current owner has not spent much time in the business and an experienced operator could instantly improve takings and push sales to a new level of $25,000- $30000 per week. - Could open 7 days. -Suit family business.

Features
Good location. - Long lease. - Great potential.

Premises
Two levels in good condition with an area of approx 200m2.

Location
Prime street location in South Sydney suburb.

Trading Hours
6 days - 1030 a.m.- 10 p.m. - Tuesday closed.

Lease
3 + 5 year lease - C.P.I. increases.

Employees
One owner + 4 full timers + 3 casuals

Comments
The rent includes all outgoings. - The profit shown is based on 2 owners working full-time in the business. - Current owner spends more time in overseas business and pays high wages for staff of around $6000 a week. - The owner is keen to sell - WIWO

Figures
Weekly Sales $16000
Rent (ex GST) $2095
Wages $5000
Profit $2860

Agent SBX Code Number: M1778 - 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
 1 of 1 photos 

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

Enquire about this business:

I would like to:

Tools