Visit this listing at https://www.sbx.com.au/business?id=TTQH1068D

Business Code: TTQH1068D

Key Features: Restaurant - Asian - Eight Mile Plains Location - Sales $33,000 p.w.

State: QLD

Suburb: Eight Mile Plains, 4113

Location: Situated in a busy local shopping centre in high income suburb in Brisbane South.

Description

Restaurant serving authentic Asian cuisine - Licenced - 120 seats inside - Has a web-site to accept bookings and display menu.- Full commercial kitchen with wok burners, deep friers, exhaust canopies, walk-in cold room, multiple fridges and freezers.

Summary

  • Features: Very strong sales and still growing - Run under management.
  • Potential: Could join online ordering / delivery services - Owner operator could save on Manager's wages.
  • Premises: These premises have an area of approx. 202 m2 with top class exotic Asian fit-out
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 9 p.m.
  • Lease: Current lease expires June, 2022 + 5 year option - 4% C.P.I. increases p.a. - 3 months bank guarantee
  • Employees: 4 fulltimers + 6 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$33,000

Cost of Goods

$10,000

Gross Profit

$23,000

Rent

$5,250

Wages

$12,000

Telephone

$50

Insurance

$60

Electricity

$580

Gas

$580

Misc1

$300

Total Expenses

$18,820

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$4,180

Price

$200,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Asian Cuisine - Restaurant

Business Code: TTQH1068D
Price: $200,000

Key Features: Restaurant - Asian - Eight Mile Plains Location - Sales $33,000 p.w.

State: QLD

Suburb: Eight Mile Plains, 4113

Location: Situated in a busy local shopping centre in high income suburb in Brisbane South.

Description

Restaurant serving authentic Asian cuisine - Licenced - 120 seats inside - Has a web-site to accept bookings and display menu.- Full commercial kitchen with wok burners, deep friers, exhaust canopies, walk-in cold room, multiple fridges and freezers.

Summary

  • Features: Very strong sales and still growing - Run under management.
  • Potential: Could join online ordering / delivery services - Owner operator could save on Manager's wages.
  • Premises: These premises have an area of approx. 202 m2 with top class exotic Asian fit-out
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 9 p.m.
  • Lease: Current lease expires June, 2022 + 5 year option - 4% C.P.I. increases p.a. - 3 months bank guarantee
  • Employees: 4 fulltimers + 6 parttimers
  • Sale Reason: Other business interests
  • Comments: The business name is not for sale - currently run under management with the owner handling admistration work only. -
    Rent includes outgoings, water rates, electricity, and gas, - Misc. - 1 - includes all other business expenses such as bank charges and accounting fees. - Prime investment opportunity.

Weekly Summary

Weekly Takings
(inc GST)

$33,000

Cost of Goods

$10,000

Gross Profit

$23,000

Rent (ex GST)

$5,250

Wages

$12,000

Telephone

$50

Insurance

$60

Electricity

$580

Gas

$580

Misc1

$300

Total Expenses

$18,820

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$4,180

Price

$200,000

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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.