Visit this listing at https://www.sbx.com.au/business?id=W1734

Business Code: W1734

Key Features: Restaurant - Chinese Cuisine - North West Shopping Centre - Takings $15,313 p.w

State: NSW

Location: Situated in busy shopping centre surrounded by residential buildings in North West

Description

Restaurant - takeaway serving a wide range of Chinese cuisine including seafood, BBQ rice dishes, sides, beef, pork, chicken, vegetables, stir fried noodles, special fried rice, soups and Hot pots. - 75 seats inside.

Summary

  • Features: Very well established over 10 yrs. - Good reputation with many regulars. - Top location near major supermarkets - Only Asian food on this level. - Very stable business
  • Potential: Owner operators would save on wages and increase sales. - Promote social media presence - Expand on home delivery and catering.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon. - Wed. - 9:00 a.m.- 6:00 p.m. - Thurs. -Fri. -Sat. - 9.00 a.m. - 9.00 p.m. - Sun. - 10:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires February, 2024 - 3 months bond - Rent increases by 4% per year.
  • Employees: Under management - 3 full timers + 3 part timers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,313

Cost of Goods

$3,981

Gross Profit

$11

Rent

$3,212

Wages

$4,520

Insurance

$44

Electricity

$250

Gas

$200

Misc1

$63

Total Expenses

$8,289

Estimated Stock (Additional)

$6,000

Net Profit

$3,043

Price

$229,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine

Business Code: W1734
Price: $229,000

Key Features: Restaurant - Chinese Cuisine - North West Shopping Centre - Takings $15,313 p.w

State: NSW

Location: Situated in busy shopping centre surrounded by residential buildings in North West

Description

Restaurant - takeaway serving a wide range of Chinese cuisine including seafood, BBQ rice dishes, sides, beef, pork, chicken, vegetables, stir fried noodles, special fried rice, soups and Hot pots. - 75 seats inside.

Summary

  • Features: Very well established over 10 yrs. - Good reputation with many regulars. - Top location near major supermarkets - Only Asian food on this level. - Very stable business
  • Potential: Owner operators would save on wages and increase sales. - Promote social media presence - Expand on home delivery and catering.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon. - Wed. - 9:00 a.m.- 6:00 p.m. - Thurs. -Fri. -Sat. - 9.00 a.m. - 9.00 p.m. - Sun. - 10:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires February, 2024 - 3 months bond - Rent increases by 4% per year.
  • Employees: Under management - 3 full timers + 3 part timers
  • Sale Reason: Private reasons
  • Comments: Rent includes all outgoings. - Run under management with owner just doing bookwork - . Financials, sales records on POS machine system available. - There are 2 shops available from the same vendor - also see W1735- Motivated vendor. - A must inspection but please be discreet when visiting the business.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$15,313

Cost of Goods

$3,981

Gross Profit

$11

Rent (ex GST)

$3,212

Wages

$4,520

Insurance

$44

Electricity

$250

Gas

$200

Misc1

$63

Total Expenses

$8,289

Estimated Stock (Additional)

$6,000

Net Profit

$3,043

Price

$229,000

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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.