Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $600,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $600,000

Business Details

Chinese Restaurant. - Central Coast

\nChinese Restaurant. - Central Coast - Agent SBX Code Number: FS1079

Restaurant serving Chinese cuisine including dim sims at lunch and seafood for dinner - Seafood tank included - Full sized commercial kitchen.- Licensed.- 200 seats.

Potential
Would suit two owner operators - mprove social media presence.- promote wedding functions.

Features
Well established - No competition - Top class fit-out.

Premises
This business has an area of 600 sq.mts.

Location
Situated in one of the busiest shopping centres in Central Coast.

Trading Hours
7 days - Mon. - Sun. - 11.00 a.m. - 3.00 p.m. - 500 p.m.- 1000 p.m.

Lease
Current 5 years lease expires Nov, 2019 - 4 % rent increase -3 months bond .

Employees
1 owner + 11 fulltimers + 16 casuals.

Comments
Rent includes outgoings. - Qualifies to sponsor employees for immigration.

Figures
Weekly Sales $48000
Rent (ex GST) $5820
Wages $19500
Profit $7030

Agent SBX Code Number: FS1079 - SBX Business Brokers

  • Last Updated September 2018
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $26970
  • Business Selling Price $600000
  • Trading Hours 7 days - Mon. - Sun. - 11.00 a.m. - 3.00 p.m. - 5:00 p.m.- 10:00 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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