Upper North Shore
NSW
$420,000
Chinese Cuisine - RestaurantPrice: $150,000Net Profit: $8,745 |
Visit this listing at https://www.sbx.com.au/business?id=SM1487 |
|
Business Code: SM1487 Key Features: Chinese - Asian Restaurant Peking style Nett $8,745 p.w. Lwr Nth Shore -Sydney State: NSW Location: Top location in a very busy shopping street with huge volume of pedestrians all day in Sydney Lower North Shore. DescriptionRestaurant serving Chinese Peking style cuisine - Good sized commercial kitchen with walk in cool room. - Live seafood tank.- Excellent designed dining area is perfect for family, corporate or private events.- 80 seats. - Group level 50 seats approx. and upper level 30 seats. - Licenced. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$29,000Cost of Goods$11,000Gross Profit$18,000Rent$1,385Wages$6,200Outgoings$130Telephone$30Insurance$315Electricity$380Gas$460Misc1$320Total Expenses$9,255Estimated Stock (Additional)$25,000Net Profit$8,745Price$150,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Chinese Cuisine - Restaurant
Business Code: SM1487Price: $150,000
+ Estimated Stock (SAV) $25,000
Key Features: Chinese - Asian Restaurant Peking style Nett $8,745 p.w. Lwr Nth Shore -Sydney
State: NSW
Location: Top location in a very busy shopping street with huge volume of pedestrians all day in Sydney Lower North Shore.
Business Overview
Restaurant serving Chinese Peking style cuisine - Good sized commercial kitchen with walk in cool room. - Live seafood tank.- Excellent designed dining area is perfect for family, corporate or private events.- 80 seats. - Group level 50 seats approx. and upper level 30 seats. - Licenced.
Summary
- Key Features: Very well established. - Loyal clientele. - Very stable business. - Solid and profitable.- Long term lease. - Low rent
- Potential: Suit family or partnership operators. -Promote more Birthday & private functions.
- Premises: This restaurant has an area of approx. 250 sq.mts. with near new excellent state of the art quality full fit out over two levels.
- Trading Hours: 6 days. Tuesday to Sunday: 11:30 am to 2:30 pm & 5:30 pm to 9:30 pm. Monday closed.
- Lease: 4 + 4 year lease commenced from July 2017 - Expires 15th July 2025. - 4% annual increases. - 3 months bank guarantee. New lease available for the new buyer.
- Employees: 2 owners + 2 full timers + 3 casuals.
- Sale Reason: Planning to semi retire.
- Comments: A very profitable trading 6 days business. - All figures on the books will be shown in the meeting. - Misc.- 1 - allowance for general expenses with garbage clearance and water used.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$29,000
Cost of Goods
$11,000
Gross Profit
$18,000
Rent (ex GST)
$1,385
Wages
$6,200
Outgoings
$130
Telephone
$30
Insurance
$315
Electricity
$380
Gas
$460
Misc1
$320
Total Expenses
$9,255
Estimated Stock (Additional)
$25,000
Net Profit
$8,745
Price
$150,000
+ Estimated Stock (SAV) $25,000
Enquire about this listing
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.