South Coast
NSW
$188,000
Restaurant - Chinese Cuisine -TakeawayPrice: $75,000Net Profit: $2,000 |
Visit this listing at https://www.sbx.com.au/business?id=M2288 |
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Business Code: M2288 Key Features: Chinese Restaurant / Takeaway- Open 5 dinners- Nets $2000 p.w.- East Sydney State: NSW Location: Situated on level 1 of shopping village in Sydney Eastern Suburbs close to beach. DescriptionChinese restaurant / takeaway serving delicious genuine Chinese dishes including varieties of stir fried chicken, beef, pork, seafood and vegetables with satay, curry, chilli garlic, sweet and sour, chilli basil etc. combinations. - Fully equipped kitchen. - Currently only open 5 dinners with short trading hours 5 p.m. - 9:30 p.m. - 30 seats inside and 40 seats can be placed outside if desired. The business has own website to take orders. Also nearly half revenue is home delivery though Uber and Doordash platforms. 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)$6,000Cost of Goods$1,200Gross Profit$4,800Rent$923Wages$750Telephone$20Insurance$30Electricity$80Gas$82Misc1$915Total Expenses$2,800Estimated Stock (Additional)$1,200Net Profit$2,000Price$75,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Chinese Cuisine -Takeaway
Business Code: M2288Price: $75,000
+ Estimated Stock (SAV) $1,200
Key Features: Chinese Restaurant / Takeaway- Open 5 dinners- Nets $2000 p.w.- East Sydney
State: NSW
Location: Situated on level 1 of shopping village in Sydney Eastern Suburbs close to beach.
Business Overview
Chinese restaurant / takeaway serving delicious genuine Chinese dishes including varieties of stir fried chicken, beef, pork, seafood and vegetables with satay, curry, chilli garlic, sweet and sour, chilli basil etc. combinations. - Fully equipped kitchen. - Currently only open 5 dinners with short trading hours 5 p.m. - 9:30 p.m. - 30 seats inside and 40 seats can be placed outside if desired. The business has own website to take orders. Also nearly half revenue is home delivery though Uber and Doordash platforms.
Summary
- Key Features: Long established. - Well known by locals. -High quality food with high margins. - Cheap rent with long lease. -Short trading hours (5 dinners only). - Great growth opportunity. - Well priced for quick sell.
- Potential: Huge potential to increase sales and profit. Could open 7 days lunch and dinners as the vendor was doing before when the takings reached more $10,000 per week. - After operation one year ago, the vendor only opens 5 dinners with short trading hours due to health reasons now. - Could change to different cuisine such as Thai, Korean, Vietnamese etc. Asian food.
- Premises: Well presented shop with an area approx. 80 sqm with large commercial kitchen.
- Trading Hours: 5 dinners - Wednesday - Sunday - 5 p.m - 9:30 p.m.
- Lease: 5 + 3 + 3 years lease commenced 2019. - New longer lease available - . 4% annual increases. - 3 months bond.
- Employees: 2 owners plus 1 part time staff
- Sale Reason: Health and retirement
- Comments:
The rent includes all outgoings. - Misc.- 1 - Refers to home delivery average commission - Keen vendor urgent sale due to health reasons. - All reasonable offers will be considered.
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
$6,000
Cost of Goods
$1,200
Gross Profit
$4,800
Rent (ex GST)
$923
Wages
$750
Telephone
$20
Insurance
$30
Electricity
$80
Gas
$82
Misc1
$915
Total Expenses
$2,800
Estimated Stock (Additional)
$1,200
Net Profit
$2,000
Price
$75,000
+ Estimated Stock (SAV) $1,200
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