Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $350,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $350,000

Business Details

Restaurant - Asian - Chinese Cuisine - City

\nRestaurant - Asian - Chinese Cuisine - City - Agent SBX Code Number: M1720

Chinese restaurant serving unique style hot pot buffet. - Computerise order system. -Liquor licence. - 60 seats. - Top quality kitchen with 2 coolrooms and frozen room. - Busy night time trading.

Potential
Ideal family business. - May be suited for Korean or Japanese BBQ restaurant.

Features
Great location. - Newly refurbished. = Fabulous fit out - . Easy to operate.

Premises
This business has an area of 140 m2 with stylish and quality fitout.

Location
High visible location in City.

Trading Hours
7 days - 12 p.m. - 1 a.m.

Lease
5 + 5 years from May 2013. - 4% annual increases. - 3 months bank guarantee.

Employees
One owner + 4 - 5 staff

Comments
The rent includes outgoings. - Miscell. 1. - Cost of water and rubbish removal. - The sale price includes business name and unique business recipes. - If buyer wants to change to different cuisine, the sale price will reduce to $250k.

Figures
Weekly Sales $19000
Rent (ex GST) $3363
Wages $3000
Profit $5550

Agent SBX Code Number: M1720 - SBX Business Brokers

  • Last Updated October 2016
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $6950
  • Business Selling Price $350000
  • Trading Hours 7 days - 12 p.m. - 1 a.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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