Visit this listing at https://www.sbx.com.au/business?id=M1679

Business Code: M1679

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
  • Comments: Great buy opportunity for this long established and solid income business.

Weekly Summary

Weekly Takings (inc GST)

$22,000

Cost of Goods

$10,000

Gross Profit

$12,000

Rent

$1,435

Wages

$6,500

Misc1

$1,565

Total Expenses

$9,500

Estimated Stock (Additional)

$10,000

Net Profit

$2,500

Price

$120,000

Contact SBX

NSW (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
  • Comments: Great buy opportunity for this long established and solid income business.

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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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.