Visit this listing at https://www.sbx.com.au/business?id=FQ1096SF

Business Code: FQ1096SF

Key Features: Restaurant - Takeaway - Double Bay - Sydney - Chinese

State: NSW

Suburb: Double Bay, 2028

Location: Prime main street location near busy street intersection and busy retail precinct in a Harbourside location in the Eastern Suburbs of Sydney and

Description

Takeaway - 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: Great location - Loyal local customers - Established over 50 years - Needs an update and refresh - Limited competition - Sizeable takeaway and home delivery sales - Close to the CBD
  • Potential: Partner with other online service such as Uber Eats and push online sales. - Refresh menu and would suit most cuisines and takeaway - Obtain a liquor license (STA) - Suit any cuisine
  • Premises: Good main street frontage in up market dining hub this Heritage Chinese restaurant is 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 5 + 5 lease available to suit new approved purchaser) 5% increases, 3 month Bond
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$11,800

Cost of Goods

$3,000

Gross Profit

$8,800

Rent

$2,500

Wages

$2,400

Telephone

$20

Insurance

$50

Electricity

$160

Gas

$150

Misc1

$200

Misc2

$250

Total Expenses

$5,730

Net Profit

$3,070

Price

$148,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Chinese Cuisine - Home delivery

Business Code: FQ1096SF
Price: $148,000

Key Features: Restaurant - Takeaway - Double Bay - Sydney - Chinese

State: NSW

Suburb: Double Bay, 2028

Location: Prime main street location near busy street intersection and busy retail precinct in a Harbourside location in the Eastern Suburbs of Sydney and

Description

Takeaway - 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: Great location - Loyal local customers - Established over 50 years - Needs an update and refresh - Limited competition - Sizeable takeaway and home delivery sales - Close to the CBD
  • Potential: Partner with other online service such as Uber Eats and push online sales. - Refresh menu and would suit most cuisines and takeaway - Obtain a liquor license (STA) - Suit any cuisine
  • Premises: Good main street frontage in up market dining hub this Heritage Chinese restaurant is 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 5 + 5 lease available to suit new approved purchaser) 5% increases, 3 month Bond
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Sale Reason: Retirement
  • Comments: Misc.- 1 General expenses and gst - 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. Needs some update and refresh. Suit any cuisine!!
    Vendor can also prove turnover with Menulog records and credit card merchant facility statements. Very sought after position in a well known trendy and affluent suburb with lots of private schools, hotels, retail and residential nearby - A must to inspect but please be very discreet!! - Potential Plus

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$11,800

Cost of Goods

$3,000

Gross Profit

$8,800

Rent (ex GST)

$2,500

Wages

$2,400

Telephone

$20

Insurance

$50

Electricity

$160

Gas

$150

Misc1

$200

Misc2

$250

Total Expenses

$5,730

Net Profit

$3,070

Price

$148,000

 Print

Enquire about this listing



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.