Visit this listing at https://www.sbx.com.au/business?id=FQ1096

Business Code: FQ1096

Key Features: Well known

State: NSW

Suburb: Double Bay, 2028

Location: Prime location near busy street intersection and chic retail precinct in Eastern Suburbs.

Description

Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, seafood dishes, variety of soups, roast peking duck omelettes, beancurds etc. - Full kitchen. - Sizeable takeaway and delivery business. - Currently partnered with Menulog.com.au and online sales accounts for 10% of turnover. - 80 seats inside.

Summary

  • Features: Loyal local customers - Established over 50 years - Limited competition - Sizeable takeaway and home delivery sales
  • Potential: Partner with other online service such as Uber Eats and push online sales. - Refresh menu with more exciting cuisine
  • Premises: Heritage Chinese restaurant of approx. 250 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 12:00 noon - 3:00 p.m. - 5:00 p.m.- 10:00 p.m.
  • Lease: Vendor is the landlord. - New lease available to suit new approved purchaser.
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent

$2,500

Wages

$3,800

Telephone

$20

Insurance

$50

Electricity

$200

Gas

$200

Misc1

$600

Misc2

$250

Total Expenses

$7,620

Net Profit

$3,580

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine - Takeaway

Business Code: FQ1096
Price: $150,000

Key Features: Well known

State: NSW

Suburb: Double Bay, 2028

Location: Prime location near busy street intersection and chic retail precinct in Eastern Suburbs.

Description

Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, seafood dishes, variety of soups, roast peking duck omelettes, beancurds etc. - Full kitchen. - Sizeable takeaway and delivery business. - Currently partnered with Menulog.com.au and online sales accounts for 10% of turnover. - 80 seats inside.

Summary

  • Features: Loyal local customers - Established over 50 years - Limited competition - Sizeable takeaway and home delivery sales
  • Potential: Partner with other online service such as Uber Eats and push online sales. - Refresh menu with more exciting cuisine
  • Premises: Heritage Chinese restaurant of approx. 250 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 12:00 noon - 3:00 p.m. - 5:00 p.m.- 10:00 p.m.
  • Lease: Vendor is the landlord. - New lease available to suit new approved purchaser.
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Sale Reason: Retirement
  • Comments: Misc.- 1 refers to approx GST & tax payments. - Misc. - 2 - refers to rubbish, merchant facility and other costs. - Genuine opportunity for an energetic operator to expand this business as current owners wish to retire.
    Vendor can also prove turnover with Menulog records and credit card merchant facility statements.

Weekly Summary

Weekly Takings
(inc GST)

$16,000

Cost of Goods

$4,800

Gross Profit

$11,200

Rent (ex GST)

$2,500

Wages

$3,800

Telephone

$20

Insurance

$50

Electricity

$200

Gas

$200

Misc1

$600

Misc2

$250

Total Expenses

$7,620

Net Profit

$3,580

Price

$150,000

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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.