Visit this listing at https://www.sbx.com.au/business?id=FQ1093

Business Code: FQ1093

Key Features: Very well established

State: NSW

Suburb: Coogee, 2034

Location: Prime location near busy street and beach in Eastern Suburbs.

Description

Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, soup noodles, BBQ meat and crispy skin chicken. - Full kitchen. - Sizeable takeaway and delivery business. - 50 seats inside.

Summary

  • Features: Under management - Loyal local customers -Established since 1960 - Limited competition - Sizeable takeaway and home delivery sales -
  • Potential: Apply for liquor licence - Open for lunch - Partner with Menulog, UberEats & other delivery services - Would suit 2 owner operators or family
  • Premises: Modern and recently refurbished premises with an area of 180 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 5:00 p.m. - 11:00 p.m.
  • Lease: Vendor is the landlord. New lease available to suit new approved purchaser
  • Employees: 1 Manager + 2 fulltimers + 5 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent

$3,000

Wages

$3,500

Telephone

$30

Insurance

$40

Electricity

$200

Gas

$200

Misc1

$100

Misc2

$400

Total Expenses

$7,476

Estimated Stock (Additional)

$10,000

Net Profit

$3,724

Price

$90,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine - Takeaway

Business Code: FQ1093
Price: $90,000

Key Features: Very well established

State: NSW

Suburb: Coogee, 2034

Location: Prime location near busy street and beach in Eastern Suburbs.

Description

Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, soup noodles, BBQ meat and crispy skin chicken. - Full kitchen. - Sizeable takeaway and delivery business. - 50 seats inside.

Summary

  • Features: Under management - Loyal local customers -Established since 1960 - Limited competition - Sizeable takeaway and home delivery sales -
  • Potential: Apply for liquor licence - Open for lunch - Partner with Menulog, UberEats & other delivery services - Would suit 2 owner operators or family
  • Premises: Modern and recently refurbished premises with an area of 180 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 5:00 p.m. - 11:00 p.m.
  • Lease: Vendor is the landlord. New lease available to suit new approved purchaser
  • Employees: 1 Manager + 2 fulltimers + 5 casuals
  • Sale Reason: Too busy with other business interests and family commitments.
  • Comments: Misc.- 1 - refers to rubbish, merchant facility and other costs. - Misc.- 2- refers to GST & tax payments.
    Vendor may consider payment by instalment on the purchase price for the right buyer. - 2 bedroom unit above the restaurant is also available for rent.

Weekly Summary

Weekly Takings
(inc GST)

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent (ex GST)

$3,000

Wages

$3,500

Telephone

$30

Insurance

$40

Electricity

$200

Gas

$200

Misc1

$100

Misc2

$400

Total Expenses

$7,476

Estimated Stock (Additional)

$10,000

Net Profit

$3,724

Price

$90,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.