Visit this listing at https://www.sbx.com.au/business?id=FY2006F

Business Code: FY2006F

Key Features: Chinese restaurant - Sydney Northern Beaches - Profit $3500 pw

State: NSW

Suburb: Frenchs Forest

Location: Situated in shopping strip in Sydney Northern Beaches area.

Description

Restaurant serving authentic Chinese cuisine for lunch and dinner also with high demand for home delivery - very busy Friday and Saturday nights - popular dishes include dim-sim entrees, crab meat corn soup, and specials including sizzling steak, oriental chicken.

Summary

  • Features: Well established - High demand for delivery for dinner. - No competition in the area.
  • Potential: Social media promotion together with other popular delivery apps promotion.
  • Premises: This business has an area of 80 sq. mts.
  • Trading Hours: 7 days - Sat. - Sun. - 11 a.m. to 3 p.m. - 5 p.m.- 9 p.m. - Mon. - Fri. - 5 p.m.- 9 p.m.
  • Lease: Current lease expires Sept. 2023 - 3.5% increases - New lease can be negotiated.
  • Employees: 2 owners + one fulltimer + casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,000

Cost of Goods

$4,000

Gross Profit

$8,000

Rent

$1,500

Wages

$2,300

Insurance

$45

Electricity

$115

Gas

$115

Misc1

$425

Total Expenses

$4,075

Estimated Stock (Additional)

$8,000

Equipment (Included)

$80,000

Net Profit

$3,500

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine

Business Code: FY2006F
Price: $150,000
+ Estimated SAV $8,000

Key Features: Chinese restaurant - Sydney Northern Beaches - Profit $3500 pw

State: NSW

Suburb: Frenchs Forest

Location: Situated in shopping strip in Sydney Northern Beaches area.

Description

Restaurant serving authentic Chinese cuisine for lunch and dinner also with high demand for home delivery - very busy Friday and Saturday nights - popular dishes include dim-sim entrees, crab meat corn soup, and specials including sizzling steak, oriental chicken.

Summary

  • Features: Well established - High demand for delivery for dinner. - No competition in the area.
  • Potential: Social media promotion together with other popular delivery apps promotion.
  • Premises: This business has an area of 80 sq. mts.
  • Trading Hours: 7 days - Sat. - Sun. - 11 a.m. to 3 p.m. - 5 p.m.- 9 p.m. - Mon. - Fri. - 5 p.m.- 9 p.m.
  • Lease: Current lease expires Sept. 2023 - 3.5% increases - New lease can be negotiated.
  • Employees: 2 owners + one fulltimer + casuals
  • Sale Reason: Other business interests
  • Comments:

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

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$4,000

Gross Profit

$8,000

Rent (ex GST)

$1,500

Wages

$2,300

Insurance

$45

Electricity

$115

Gas

$115

Misc1

$425

Total Expenses

$4,075

Estimated Stock (Additional)

$8,000

Equipment (Included)

$80,000

Net Profit

$3,500

Price

$150,000
+ Estimated SAV $8,000

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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.