South Sydney
NSW
$350,000
Restaurant - Chinese CuisinePrice: $248,000Net Profit: $6,768 |
Visit this listing at https://www.sbx.com.au/business?id=FY1077 |
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Business Code: FY1077 Key Features: Great business State: NSW Suburb: Lakemba, 2195 Location: Situated on main street of busy South West Sydney suburb. DescriptionRestaurant serving Chinese cuisine and seafood. - Live seafood tank with lobsters, fish & abalone. - Opens dinner and supper only. - A full sized commercial kitchen with all equipment in good condition, walk-in cool room with lots of room for storage - 120 seats - Newly renovated VIP room with state of art karaoke facilities. - Summary
Weekly SummaryWeekly Takings (inc GST)$24,000Cost of Goods$8,400Gross Profit$15,600Rent$2,300Wages$5,800Outgoings$322Insurance$80Electricity$300Gas$30Total Expenses$8,832Estimated Stock (Additional)$10,000Net Profit$6,768Price$248,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Chinese Cuisine
Business Code: FY1077
Price: $248,000
Key Features: Great business
State: NSW
Suburb: Lakemba, 2195
Location: Situated on main street of busy South West Sydney suburb.
Description
Restaurant serving Chinese cuisine and seafood. - Live seafood tank with lobsters, fish & abalone. - Opens dinner and supper only. - A full sized commercial kitchen with all equipment in good condition, walk-in cool room with lots of room for storage - 120 seats - Newly renovated VIP room with state of art karaoke facilities. -
Summary
- Features: No competition - Loyal customers - Well known
- Potential: Could open for lunch - Do more social media promotion.
- Premises: This business has an area of 350 sq.mts.
- Trading Hours: 7 days - Mon. - Sun. - 5 p.m. to 2 a.m.
- Lease: New 5 + 5 Lease available - vendor is the landlord. .
- Employees: 1.5 owners + 4 fulltimers + 5 casuals
- Comments: Best Chinese restaurant in the area.
Weekly Summary
Weekly Takings
(inc GST)
$24,000
Cost of Goods
$8,400
Gross Profit
$15,600
Rent (ex GST)
$2,300
Wages
$5,800
Outgoings
$322
Insurance
$80
Electricity
$300
Gas
$30
Total Expenses
$8,832
Estimated Stock (Additional)
$10,000
Net Profit
$6,768
Price
$248,000
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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.
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