Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $160,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $160,000

Business Details

Restaurant - Asian - Chinese Cuisine - South West Sydney

\nRestaurant - Asian - Chinese Cuisine - South West Sydney - Agent SBX Code Number: M1679

Chinese seafood restaurant serving live seafood and stir-fried hot food. - 120 seats and 3 VIP rooms upstairs. - Liquor licence.

Potential
Ideal for an experienced chef operator who can save on current huge wages and increase profit up to $4000 per week. - Could open 7 days and lunch.

Features
Good location. - Well known. Regular customers. - Cheap rent. - Great potential.

Premises
2 levels with an area of 200 m2 and is in good condition.

Location
Situated on main road in South West Sydney area.

Trading Hours
6 nights - 530 p.m. - 1 a.m. - Tuesday closed

Lease
4 + 4 year lease commenced 2009. - C.P.I. increases. - 3 months bond. - New 4 + 4 year lease available.

Employees
2 owners + 2 chefs + 1 fulltimer + 3 parttimers

Comments
Great buy opportunity for this long established and solid income business.

Figures
Weekly Sales $22000
Rent (ex GST) $1435
Wages $6500
Profit $2500

Agent SBX Code Number: M1679 - SBX Business Brokers

  • Last Updated January 2018
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Business Selling Price $160000
  • Trading Hours 6 nights - 5:30 p.m. - 1 a.m. - Tuesday closed
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

Enquire

SBX Business Brokers
SBX Business Brokers

Enquire about this business:

I would like to: