Food/Hospitality for sale
Restaurant-Asian-Chinese Cuisine-Takeaway - South Sydney
\nRestaurant-Asian-Chinese Cuisine-Takeaway - South Sydney - Agent SBX Code Number: M1778
Restaurant serving Chinese cuisine including BBQ duck and rice and other hot dishes. - Full commercial kitchen with cool room and frozen room - 150 seats - Newly renovated shop. - Licenced
The current owner has not spent much time in the business and an experienced operator could instantly improve takings and push sales to a new level of $25,000- $30000 per week. - Could open 7 days. -Suit family business.
Good location. - Long lease. - Great potential.
Two levels in good condition with an area of approx 200m2.
Prime street location in South Sydney suburb.
6 days - 1030 a.m.- 10 p.m. - Tuesday closed.
3 + 5 year lease - C.P.I. increases.
One owner + 4 full timers + 3 casuals
The rent includes all outgoings. - The profit shown is based on 2 owners working full-time in the business. - Current owner spends more time in overseas business and pays high wages for staff of around $6000 a week. - The owner is keen to sell - WIWO
Weekly Sales $16000
Rent (ex GST) $2095
Agent SBX Code Number: M1778 - SBX Business Brokers
- 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