Chinese Cuisine - Restaurant

Business Code: SM1247


Key Features: Very well established

State: NSW

Location: Situated at large local shopping centre facing car park and street.

Description

Licenced restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in coolroom. Full kitchen.

Summary

  • Features: Excellent street front location with ample parking. - Very profitable. - Low rent.

  • Potential: Could add live seafood. - Suit owner operator or investor. - Do promotions to develop home delivery..

  • Premises: This business has an area of 200 sq.mts. and was recently refurbished.

  • Trading Hours: 7 days - 11:30 a.m. - 10:30 p.m.

  • Lease: 6 year lease commenced Feb. 2012. - C.P.I. increases. - 3 months bond.

  • Employees: 2 owners + 2 fulltimers + casuals

  • Comments: Very profitable. Rent includes all outgoings and water.

Weekly Summary

Weekly Takings
(inc GST)

$17,000

Cost of Goods

$6,500

Gross Profit

$10,500

Rent

$1,500

Wages

$3,800

Telephone

$46

Insurance

$50

Electricity

$500

Gas

$450

Misc1

$477

Total Expenses

$6,823

Estimated Stock (Additional)

$40,000

Net Profit

$3,677

Price

$288,000

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