Visit this listing at https://www.sbx.com.au/business?id=SM1247

Business Code: SM1247

Key Features: Sales $23,000 pw - Chinese Cuisine - South Coast NSW - Profit $8,213 pw

State: NSW

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

Description

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

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 in year 2019 at a cost over $150,000.
  • Trading Hours: 7 days - 11:30 a.m. - 10:30 p.m.
  • Lease: New 7 year lease from March. 2019. - 3% C.P.I. increases. - 3 months bond.
  • Employees: 2 owners + 2 fulltimers + casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$23,000

Cost of Goods

$8,000

Gross Profit

$15,000

Rent

$1,300

Wages

$4,500

Telephone

$50

Insurance

$82

Electricity

$260

Gas

$195

Misc1

$400

Total Expenses

$6,787

Estimated Stock (Additional)

$45,000

Net Profit

$8,213

Price

$500,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Chinese Cuisine - Restaurant

Business Code: SM1247
Price: $500,000

Key Features: Sales $23,000 pw - Chinese Cuisine - South Coast NSW - Profit $8,213 pw

State: NSW

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

Description

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

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 in year 2019 at a cost over $150,000.
  • Trading Hours: 7 days - 11:30 a.m. - 10:30 p.m.
  • Lease: New 7 year lease from March. 2019. - 3% C.P.I. increases. - 3 months bond.
  • Employees: 2 owners + 2 fulltimers + casuals
  • Sale Reason: Moving back to Sydney.
  • Comments: Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc.

Weekly Summary

Weekly Takings
(inc GST)

$23,000

Cost of Goods

$8,000

Gross Profit

$15,000

Rent (ex GST)

$1,300

Wages

$4,500

Telephone

$50

Insurance

$82

Electricity

$260

Gas

$195

Misc1

$400

Total Expenses

$6,787

Estimated Stock (Additional)

$45,000

Net Profit

$8,213

Price

$500,000

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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.