South Sydney
NSW
$350,000
Restaurant - Asian - Chinese CuisinePrice: $120,000Net Profit: $2,500 |
Visit this listing at https://www.sbx.com.au/business?id=M1679 |
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Business Code: M1679 Key Features: Long established. State: NSW Suburb: Beverly Hills, 2209 Location: Situated on main road in South West Sydney area. DescriptionChinese seafood restaurant serving live seafood and stir-fried hot food. - 120 seats and 3 VIP rooms upstairs. - Liquor licence. Summary
Weekly SummaryWeekly Takings (inc GST)$22,000Cost of Goods$10,000Gross Profit$12,000Rent$1,435Wages$6,500Misc1$1,565Total Expenses$9,500Estimated Stock (Additional)$10,000Net Profit$2,500Price$120,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Asian - Chinese Cuisine
Business Code: M1679
Price: $120,000
Key Features: Long established.
State: NSW
Suburb: Beverly Hills, 2209
Location: Situated on main road in South West Sydney area.
Description
Chinese seafood restaurant serving live seafood and stir-fried hot food. - 120 seats and 3 VIP rooms upstairs. - Liquor licence.
Summary
- Features: Good location. - Well known. Regular customers. - Cheap rent. - Great potential.
- Potential: Ideal for an experienced chef operator who can save on current huge wages and increase profit up to $4000 per week. - Could open 7 days and lunch.
- Premises: 2 levels with an area of 200 m2 and is in good condition.
- Trading Hours: 6 nights - 5:30 p.m. - 1 a.m. - Tuesday closed
- Lease: New 4 + 4 year lease available with current rental conditions - C.P.I. annual increases. - 3 months bond.
- Employees: 2 owners + 2 chefs + 1 fulltimer + 3 parttimers
- Sale Reason: Needs abreak after 13 years
- Comments: Great buy opportunity for this long established and solid income business.
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)
$22,000
Cost of Goods
$10,000
Gross Profit
$12,000
Rent (ex GST)
$1,435
Wages
$6,500
Misc1
$1,565
Total Expenses
$9,500
Estimated Stock (Additional)
$10,000
Net Profit
$2,500
Price
$120,000
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