Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $50,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $50,000

Business Details

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

Potential
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.

Features
Good location. - Long lease. - Great potential.

Premises
Two levels in good condition with an area of approx 200m2.

Location
Prime street location in South Sydney suburb.

Trading Hours
6 days - 1030 a.m.- 10 p.m. - Tuesday closed.

Lease
3 + 5 year lease - C.P.I. increases.

Employees
One owner + 4 full timers + 3 casuals

Comments
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

Figures
Weekly Sales $16000
Rent (ex GST) $2095
Wages $5000
Profit $2860

Agent SBX Code Number: M1778 - SBX Business Brokers

  • Last Updated August 2015
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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