For Sale $150,000
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 $150,000

Business Details

Dessert - Restaurant - Asian Food - Sydney CBD

\nDessert - Restaurant - Asian Food - Sydney CBD - Agent SBX Code Number: M1815

Restaurant selling classical Hong Kong desserts and Chinese / Hong Kong tasty food. - Full kitchen. - 50 seats inside and outside. Newly opened for one month with expected turnover to reach $26000 a week and a profit of $5,000 in 6 months. - Current daily takings are $2500-3000.

Potential
Brand new business with great potential to grow. - Could open for breakfast. - Could expand to franchise business.

Features
Top location. - Brand new business. - Tasty and simple menu. - High margins. Excellent new fit out. - Huge potential.

Premises
Modern designed and newly refurbished shop with an area of 80m2.

Location
Best location in high pedestrian traffic area of Sydney CBD centre.

Trading Hours
7 days - 1030 a.m.- 12 a.m.

Lease
5 + 3 year lease commenced Aug. 2015. - 5% annual increases. - 3 months bank guarantee.

Employees
One owner plus 5 staff.

Comments
The sale price includes business logo and all menu recipes. - It has been trading one month with tremendous growth potential. - The business is to be sold in WIWO condition. - Inspection by an appointment only.

Figures
Weekly Sales $0
Rent (ex GST) $6713
Wages $4500
Profit $0

Agent SBX Code Number: M1815 - 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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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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