Lower North Shore
NSW
$150,000
Restaurant- Chinese CuisinePrice: $420,000Net Profit: $5,400 |
Visit this listing at https://www.sbx.com.au/business?id=FN1296SM |
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Business Code: FN1296SM Key Features: Chinese Cuisine- Sales $48,000 p.w.- Upper North Shore State: NSW Location: Prime position in a shopping centre in the prestigious Upper North Shore, attracting both loyal locals and new customers. DescriptionChinese cuisine restaurant offering a truly exquisite dining experience. Known for its diverse menu and authentic flavours, it caters to all tastes with an extensive selection of Chinese dishes, including seafood specialties, daily Yum Cha, signature Peking duck, sang chow bow, meat dishes, vegetarian options, and specialty creations.- Fully equipped commercial kitchen with high-grade appliances, including a roast duck oven, live fish tanks, and a cool room, spacious dining area with 130 seats inside and 68 seats outside. - Fully licensed. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$48,000Cost of Goods$13,000Gross Profit$35,000Rent$7,100Wages$20,000Outgoings$540Telephone$60Insurance$240Electricity$700Gas$500Misc1$460Total Expenses$29,600Estimated Stock (Additional)$30,000Net Profit$5,400Price$420,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant- Chinese Cuisine
Business Code: FN1296SMPrice: $420,000
+ Estimated Stock (SAV) $30,000
Key Features: Chinese Cuisine- Sales $48,000 p.w.- Upper North Shore
State: NSW
Location: Prime position in a shopping centre in the prestigious Upper North Shore, attracting both loyal locals and new customers.
Business Overview
Chinese cuisine restaurant offering a truly exquisite dining experience. Known for its diverse menu and authentic flavours, it caters to all tastes with an extensive selection of Chinese dishes, including seafood specialties, daily Yum Cha, signature Peking duck, sang chow bow, meat dishes, vegetarian options, and specialty creations.- Fully equipped commercial kitchen with high-grade appliances, including a roast duck oven, live fish tanks, and a cool room, spacious dining area with 130 seats inside and 68 seats outside. - Fully licensed.
Summary
- Key Features: Local customer base. - High profit margins. - Perfect location- Unique market position- Outstanding reputation- Top qualtiy setup- Spacious premises
- Potential: Extend to sell BBQ products as takeaway -Introduce an afternoon tea set (2 pm–4 pm).-Launch a frozen foods line. -Add catering services - Promote corporate functions and parties
- Premises: This restaurant occupies an area of approximately 350 sq.m with a commercial kitchen and high-quality full fit-out.
- Trading Hours: 7 days - Lunch: Monday to Friday: 11 am to 3 pm. Saturday & Sunday: 10:30 am to 3 pm. Dinner: Monday to Sunday: 5 pm to 9 pm.
- Lease: 5 years lease commenced July 2022. Bond ($94,317), CPI+2.5% increases per year
- Employees: 1 owner + 6 full timers + 8 casuals
- Sale Reason: Retirement
- Comments: This well-established restaurant is ready for continued success under new ownership, with all the essentials in place to thrive in a competitive market.- Misc.- 1- other costs - Inspection recommended. - Please refrain from speaking to shop staff or disclosing the purpose of your visit when inspecting the business to maintain confidentiality and operational discretion.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$48,000
Cost of Goods
$13,000
Gross Profit
$35,000
Rent (ex GST)
$7,100
Wages
$20,000
Outgoings
$540
Telephone
$60
Insurance
$240
Electricity
$700
Gas
$500
Misc1
$460
Total Expenses
$29,600
Estimated Stock (Additional)
$30,000
Net Profit
$5,400
Price
$420,000
+ Estimated Stock (SAV) $30,000
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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.