For Sale $360,000
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 $360,000

Business Details

Restaurant- Chinese - Asian Cuisine - Eastern Suburbs

\nRestaurant- Chinese - Asian Cuisine - Eastern Suburbs - Agent SBX Code Number: M1846

Restaurant serving Chinese and Asian cuisine. - 110 seats downstairs and upstairs. - Fully equipped kitchen.

Potential
Could trade long hours. - Two working owner could save on wages and increase profit. - Could apply for liquor licence.

Features
Great location. - Solid income. - Very well known. - Lots of potential.

Premises
Well presented 2 level shop with an area of approx. 250m2.

Location
Situated on very busy shopping street in Eastern suburbs next to University.

Trading Hours
7 days - 11 a.m.- 3 p.m. and 5 p.m.-1030 p.m.

Lease
Current lease expires March, 2019. - 2 years same rent, third year C.P.I. increases. - New lease may be available.

Employees
One owner plus 1 chef, 3 cooks, 1 kitchen hand and 3-4 floor service staff.

Comments
A great location business. - A must to inspect.

Figures
Weekly Sales $21300
Rent (ex GST) $2123
Wages $6954
Profit $4960

Agent SBX Code Number: M1846 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $9955
  • Business Selling Price: $360000
  • Trading Hours: 7 days - 11 a.m.- 3 p.m. and 5 p.m.-10:30 p.m.
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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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