For Sale $80,000
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 $80,000

Business Details

Foodcourt - Takeaway - Chinese Cuisine - Lower North Shore

\nFoodcourt - Takeaway - Chinese Cuisine - Lower North Shore - Agent SBX Code Number: FQ1025J

Takeaway serving a delicious menu of Chinese cuisine Hong Kong style including sticky rice with Chinese sausage, congee, BBQ pork egg rice and bitter melon in black bean sauce. - 300 foodcourt seats.

Potential
Extend existing menu for increased sales - Add catering / deliveries to local offices & businesses - Do marketing.

Features
Under management - Attractive fit out. - Low rent

Premises
Modern and attractive food court premises with an area of 56 sq. mts.

Location
Food court location in a shopping centre with distinct Asian flavour in Lower North Shore

Trading Hours
7 days - Mon. - Sun. - 1030 a.m. - 800 p.m.

Lease
Current lease expires Feb. 2017. - C.P.I. annual increases. - 2 months bond. - New 5 year lease possible.

Employees
1 Manager/ chef + 1 full timer + 4 casuals

Comments
Profit shown is for an owner operator working full-time in the business - Business is currently under management with wages of approx. $4500 per week. - Current owner has over-extended her business commitments and cannot work full time in this business. - Potential for a couple to make $5,000 per week especially if a partner is the chef. Ideal as a family business.

Figures
Weekly Sales $13000
Rent (ex GST) $1650
Wages $3500
Profit $3545

Agent SBX Code Number: FQ1025J - 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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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

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