Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $525,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $525,000

Business Details

Restaurant - Korean - Vietnamese Cuisine - North West Syd.

\nRestaurant - Korean - Vietnamese Cuisine - North West Syd. - Agent SBX Code Number: W1497

Restaurant serving a variety of Korean and some Vietnamese cuisine including BBQ. - Serves variety of meats with vegetables to make your own taste wrapping with rice paper. - Asian cuisine set menu and hot pots, noodles, and salads. - 140 seat inside - Licenced. - High quality wooden tables and chairs.

Potential
Suit Chinese yum cha or other Western style cuisine restaurant.

Features
Excellent shop fit out. - A good location. - Large area. - Stable business.

Premises
Three storey building with total area of 480 sq. mts. and downstairs kitchen.

Location
Residential and commercial locationon main road very close to shopping centre.

Trading Hours
7 days - Mon. - Sun. - 1100 a.m. - 1000 p.m.

Lease
Current lease expires 2016 + 4 years option. - New lease available.

Employees
1.5 owner + 1 Manager + 6 full timers + 9 casuals

Comments
Rare to see such a large restaurant with top class fit out. - Last years sales were $1.75 million.-Low food costs, - Sales figures can be check with POS system. - A must inspection.

Figures
Weekly Sales $40000
Rent (ex GST) $2750
Wages $10500
Profit $11500

Agent SBX Code Number: W1497 - SBX Business Brokers

  • Last Updated October 2018
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $16500
  • Business Selling Price $525000
  • Trading Hours 7 days - Mon. - Sun. - 11:00 a.m. - 10:00 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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