Visit this listing at https://www.sbx.com.au/business?id=ML1183

Business Code: ML1183

Key Features: Regular customers

State: NSW

Location: Prime street front location in Lower North Shore area.

Description

Restaurant - takeaway selling Chinese cuisine including steamed dim sims , dumplings, noodles, soups. - Also sells sweet & sour pork, beef and chicken, desserts, drinks. - 25 seats inside.

Summary

  • Features: Good location. - Well established. - Regular customers. - High margins. - Potential plus.
  • Potential: Ideal for family business. - Add more products. - Expand home delivery.
  • Premises: Well presented shop with an area approx. 70 m2.
  • Trading Hours: 7 days - Mon. - Sat. - 11:00 a.m.- 3:00 p.m. - 5:00 p.m. - 9:00 p.m. - Sun. - 5 p.m.- 9 p.m. (no lunch).
  • Lease: 3 + 3 year lease commenced June, 2018 - 5% increases per year. - 3 months bond
  • Employees: One owner + 1 chef + 2 staff
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$8,500

Cost of Goods

$2,380

Gross Profit

$6,120

Rent

$940

Wages

$1,800

Telephone

$20

Insurance

$50

Electricity

$200

Gas

$60

Misc1

$100

Total Expenses

$3,170

Estimated Stock (Additional)

$2,000

Net Profit

$2,950

Price

$110,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Chinese Cuisine - Restaurant - Takeaway - Noodles

Business Code: ML1183
Price: $110,000

Key Features: Regular customers

State: NSW

Location: Prime street front location in Lower North Shore area.

Description

Restaurant - takeaway selling Chinese cuisine including steamed dim sims , dumplings, noodles, soups. - Also sells sweet & sour pork, beef and chicken, desserts, drinks. - 25 seats inside.

Summary

  • Features: Good location. - Well established. - Regular customers. - High margins. - Potential plus.
  • Potential: Ideal for family business. - Add more products. - Expand home delivery.
  • Premises: Well presented shop with an area approx. 70 m2.
  • Trading Hours: 7 days - Mon. - Sat. - 11:00 a.m.- 3:00 p.m. - 5:00 p.m. - 9:00 p.m. - Sun. - 5 p.m.- 9 p.m. (no lunch).
  • Lease: 3 + 3 year lease commenced June, 2018 - 5% increases per year. - 3 months bond
  • Employees: One owner + 1 chef + 2 staff
  • Sale Reason: Family reasons
  • Comments: Misc.- 1- other general business expenses. - Well priced to sell.

Weekly Summary

Weekly Takings
(inc GST)

$8,500

Cost of Goods

$2,380

Gross Profit

$6,120

Rent (ex GST)

$940

Wages

$1,800

Telephone

$20

Insurance

$50

Electricity

$200

Gas

$60

Misc1

$100

Total Expenses

$3,170

Estimated Stock (Additional)

$2,000

Net Profit

$2,950

Price

$110,000

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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.