Upper North Shore
NSW
$350,000
Restaurant-Chinese Cuisine-Takeaway-Under Semi ManagementPrice: $195,000Net Profit: $3,670 |
Visit this listing at https://www.sbx.com.au/business?id=M2203 |
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Business Code: M2203 Key Features: Chinese restaurant- High takings -Nets $3,670 p.w.- Bargain offer for quick sale State: NSW Location: Prime location in major North West shopping centre. DescriptionRestaurant serving Chinese cuisine. The menu includes entrees, soup, laksa, king prawns, seafood, beef, chicken, pork, vegetarian and noodles etc. All food is prepared fresh and tastes delicious. Well known within the local community for great traditional food and service. Also does home delivery (dinner only ) by minimum order $50 with selected areas only. 10% surcharge applies on public holidays. Full kitchen. 80 seats inside. BYO. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$23,000Cost of Goods$6,000Gross Profit$17,000Rent$3,066Wages$5,000Outgoings$374Telephone$20Insurance$90Electricity$450Gas$330Misc1$4,000Total Expenses$13,330Estimated Stock (Additional)$10,000Net Profit$3,670Price$195,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant-Chinese Cuisine-Takeaway-Under Semi Management
Business Code: M2203Price: $195,000
+ Estimated Stock (SAV) $10,000
Key Features: Chinese restaurant- High takings -Nets $3,670 p.w.- Bargain offer for quick sale
State: NSW
Location: Prime location in major North West shopping centre.
Business Overview
Restaurant serving Chinese cuisine. The menu includes entrees, soup, laksa, king prawns, seafood, beef, chicken, pork, vegetarian and noodles etc. All food is prepared fresh and tastes delicious. Well known within the local community for great traditional food and service. Also does home delivery (dinner only ) by minimum order $50 with selected areas only. 10% surcharge applies on public holidays. Full kitchen. 80 seats inside. BYO.
Summary
- Key Features: Good location. Regular customers. Well known to locals. Great food with high margins. Well priced. Quick capital return.
- Potential: A hands on full time owner operator could save on wages and make more profit. Promote on social media to boost sales. Could apply for liquor license. - Could change to other Asian cuisine
- Premises: Well presented and modern designed shop with an area of approx. 160 m2.
- Trading Hours: 7 days - Monday to Friday: 11:30 am to 2:30 pm and 5 pm to 9:30 pm. Saturday and Sunday: till 10 pm.
- Lease: 5 years lease commenced September 2022. - 4% annual rental increases. - 3 months bond.
- Employees: One owner ( casual work in the business ) + 2 chefs, 2 kitchen hands and 2-3 casuals
- Sale Reason: Other business involvement
- Comments: The rent includes GST. - Misc.- 1-Refers Uber delivery commission and other general business expenses. This is a great and profitable business. Keen vendor. Bargain offer for quick sale. A must to inspect.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$23,000
Cost of Goods
$6,000
Gross Profit
$17,000
Rent (ex GST)
$3,066
Wages
$5,000
Outgoings
$374
Telephone
$20
Insurance
$90
Electricity
$450
Gas
$330
Misc1
$4,000
Total Expenses
$13,330
Estimated Stock (Additional)
$10,000
Net Profit
$3,670
Price
$195,000
+ Estimated Stock (SAV) $10,000
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.