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

Business Code: SM1247

Key Features: Restaurant - Sales $17000 pw - Chinese Cuisine - South Coast NSW - Profit $4042 pw

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: New 7 year lease from Feb. 2019. - 3% 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

$1,320

Wages

$3,800

Telephone

$46

Insurance

$50

Electricity

$570

Gas

$195

Misc1

$477

Total Expenses

$6,458

Estimated Stock (Additional)

$40,000

Net Profit

$4,042

Price

$288,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Chinese Cuisine - Restaurant

Business Code: SM1247
Price: $288,000

Key Features: Restaurant - Sales $17000 pw - Chinese Cuisine - South Coast NSW - Profit $4042 pw

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: New 7 year lease from Feb. 2019. - 3% 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 (ex GST)

$1,320

Wages

$3,800

Telephone

$46

Insurance

$50

Electricity

$570

Gas

$195

Misc1

$477

Total Expenses

$6,458

Estimated Stock (Additional)

$40,000

Net Profit

$4,042

Price

$288,000

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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.