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Chinese - Takeaway - Under Management - Sydney CBD - (Code: SF1419)

Busy foodcourt

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Price: $48,800






Weekly Takings (inc GST) $7,100
Cost of Goods $1,900
Gross Profit $5,200
Rent $701
Wages $1,600
Outgoings $910
Telephone $10
Insurance $50
Electricity $160
Gas $50
Misc 1 $300
Misc 2 $
Total Expenses $3,781
Net Profit $1,419
Coffee Kilos P/W 0.0

Estimated Stock

$2,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Takeaway selling Asian food including Bento box, fried chicken and rice dishes - Food court seating - 1 year in new premises - The new fit out cost was over $40k plus new flooring which cost $8K- Fully equipped with fridges, woks, noodle baskets etc - Food court seating

Potential
Huge potential for an owner operator to increase sales and profit - This business is still growing - Do some marketing and advertising - Expand catering

Features
Good CBD location - Nothing to spend - Easy to run - Bi lingual cash register installed (Chinese/English) - Lots of foot traffic - Outgoings include - air con, pest control, exhaust cleaning, garbage etc

Premises
Modern, new and clean food court takeaway shop with a size of 30 m2

Location
Situated in food court in the Chinatown section of the Sydney CBD

Trading Hours
7 days - Mon. - Sun. - 9.30 a.m. till 8.30 p.m.

Lease
Current lease expires Sep. 2021 - C.P.I. increases - 3 month bond

Employees
1 Manager + 4 casuals.

Comments
Misc.- 1 - Other general expenses - This business moved to new premises one year ago and is still growing - It requires an owner operator or couple to increase sales and profit - Managers wage has been removed and shown in net profit. - Lots of potential and selling for equipment and set up cost not on the figures and looking for a quick sale - A must to inspect but please be discreet.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXSF1419

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