South Sydney
NSW
$350,000
Chinese Cuisine - RestaurantPrice: $500,000Net Profit: $8,213 |
Visit this listing at https://www.sbx.com.au/business?id=SM1247 |
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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. DescriptionRestaurant 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
Weekly SummaryWeekly Takings (inc GST)$23,000Cost of Goods$8,000Gross Profit$15,000Rent$1,300Wages$4,500Telephone$50Insurance$82Electricity$260Gas$195Misc1$400Total Expenses$6,787Estimated Stock (Additional)$45,000Net Profit$8,213Price$500,000 |
Contact SBXNSW (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.
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