Visit this listing at https://www.sbx.com.au/business?id=MF1012

Business Code: MF1012

Key Features: No competition

State: NSW

Location: Prime location on main street of suburb in North West Sydney close to shopping centre.

Description

Restaurant - Bar - Chinese cuisine serving mostly Sichuan dishes, plus BBQ, cooking live seafood. etc. - New setup kitchen with 4 fish tanks - 7 nights music show from 6 p.m. to 11 p.m. with best music system and stage - Licenced with wide selection of beer, whiskey, wines etc. - Two private rooms - Popular with young Chinese groups for parties and celebration. - 135 seats inside.

Summary

  • Features: Great location. - Brand new fit out. - Good rent. - No competition - Potential plus
  • Potential: This young business has great potential to grow. - Could open Mon. - Fri. - Lunch and Yum cha or more selections of Chinese Cuisine - Provide more different shows to attract different group customers
  • Premises: Brand new and modern designed restaurant with bar, costing over $700,000.with an area of 330 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 5:00 p.m. - 12 : 30 a.m. - Sat. - Sun. - 11:00 a.m.- 2:30 p.m. - 5:00 p.m.- 12:30 a.m.
  • Lease: Current lease expires Sept. 2020 - 3% increases every year- 3 months bond- New 5 + 5 year lease available.
  • Employees: 1 owner + 3 fulltimers + 7 casuals
  • Comments: Miscell.-1 - Other general expenses -The rent includes all outgoings. - An excellent investment opportunity. - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$6,500

Gross Profit

$13,500

Rent

$1,772

Wages

$6,500

Telephone

$13

Insurance

$45

Electricity

$349

Gas

$233

Misc1

$200

Total Expenses

$9,112

Estimated Stock (Additional)

$20,000

Equipment (Included)

$100,000

Net Profit

$4,388

Price

$550,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Chinese Cuisine

Business Code: MF1012

Key Features: No competition

State: NSW

Location: Prime location on main street of suburb in North West Sydney close to shopping centre.

Description

Restaurant - Bar - Chinese cuisine serving mostly Sichuan dishes, plus BBQ, cooking live seafood. etc. - New setup kitchen with 4 fish tanks - 7 nights music show from 6 p.m. to 11 p.m. with best music system and stage - Licenced with wide selection of beer, whiskey, wines etc. - Two private rooms - Popular with young Chinese groups for parties and celebration. - 135 seats inside.

Summary

  • Features: Great location. - Brand new fit out. - Good rent. - No competition - Potential plus
  • Potential: This young business has great potential to grow. - Could open Mon. - Fri. - Lunch and Yum cha or more selections of Chinese Cuisine - Provide more different shows to attract different group customers
  • Premises: Brand new and modern designed restaurant with bar, costing over $700,000.with an area of 330 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 5:00 p.m. - 12 : 30 a.m. - Sat. - Sun. - 11:00 a.m.- 2:30 p.m. - 5:00 p.m.- 12:30 a.m.
  • Lease: Current lease expires Sept. 2020 - 3% increases every year- 3 months bond- New 5 + 5 year lease available.
  • Employees: 1 owner + 3 fulltimers + 7 casuals
  • Comments: Miscell.-1 - Other general expenses -The rent includes all outgoings. - An excellent investment opportunity. - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings
(inc GST)

$20,000

Cost of Goods

$6,500

Gross Profit

$13,500

Rent

$1,772

Wages

$6,500

Telephone

$13

Insurance

$45

Electricity

$349

Gas

$233

Misc1

$200

Total Expenses

$9,112

Estimated Stock (Additional)

$20,000

Equipment (Included)

$100,000

Net Profit

$4,388

Price

$550,000

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