Visit this listing at https://www.sbx.com.au/business?id=MF1006

Business Code: MF1006

Key Features: Corner location

State: NSW

Location: Prime street corner location in Inner West area.

Description

Restaurant - takeaway serving a wide range of Chinese cuisine including entrees, mains & desserts etc - Full sized commercial kitchen with woks, deep fryer, walk in cool room & freezer, new exhaust system - 60 seats inside.

Summary

  • Features: Best location - High margins. - Low rent with long lease.
  • Potential: Can open 7 days - expand home delivery with Uber Eats etc.
  • Premises: Well presented shop with an area of approx. 140 sq.mts. with 1 bathroom, storage area, 2 car spaces.
  • Trading Hours: 6 days - Tues. - Sun, - 11 a.m.- 3 p.m. - 5 p.m.- 9 p.m. - Closed Monday.
  • Lease: New 5 + 5 year lease commenced 1st May, 2018, - 4% annual increases - 6 months bond
  • Employees: 1 owner ( part time) + 2 fulltimers + 5 casuals
  • Comments: The business set up cost was $200k in year 2018. - Near new equipment. - Nothing to spend. - Keen vendor. - Must be sold.

Weekly Summary

Weekly Takings (inc GST)

$14,500

Cost of Goods

$4,200

Gross Profit

$10,300

Rent

$1,712

Wages

$4,500

Outgoings

$207

Telephone

$15

Insurance

$40

Electricity

$233

Gas

$210

Total Expenses

$6,917

Net Profit

$3,383

Price

$248,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine - Takeaway

Business Code: MF1006

Key Features: Corner location

State: NSW

Location: Prime street corner location in Inner West area.

Description

Restaurant - takeaway serving a wide range of Chinese cuisine including entrees, mains & desserts etc - Full sized commercial kitchen with woks, deep fryer, walk in cool room & freezer, new exhaust system - 60 seats inside.

Summary

  • Features: Best location - High margins. - Low rent with long lease.
  • Potential: Can open 7 days - expand home delivery with Uber Eats etc.
  • Premises: Well presented shop with an area of approx. 140 sq.mts. with 1 bathroom, storage area, 2 car spaces.
  • Trading Hours: 6 days - Tues. - Sun, - 11 a.m.- 3 p.m. - 5 p.m.- 9 p.m. - Closed Monday.
  • Lease: New 5 + 5 year lease commenced 1st May, 2018, - 4% annual increases - 6 months bond
  • Employees: 1 owner ( part time) + 2 fulltimers + 5 casuals
  • Comments: The business set up cost was $200k in year 2018. - Near new equipment. - Nothing to spend. - Keen vendor. - Must be sold.

Weekly Summary

Weekly Takings
(inc GST)

$14,500

Cost of Goods

$4,200

Gross Profit

$10,300

Rent

$1,712

Wages

$4,500

Outgoings

$207

Telephone

$15

Insurance

$40

Electricity

$233

Gas

$210

Total Expenses

$6,917

Net Profit

$3,383

Price

$248,000

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