South Sydney
NSW
$350,000
Restaurant - Bar - Chinese Cuisine - TakeawayPrice: $169,000Net Profit: $3,500 |
Visit this listing at https://www.sbx.com.au/business?id=W1739 |
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Business Code: W1739 Key Features: Restaurant - Noodles - Chinese cuisine - Sydney City Fringe - Sales $11,000 p.w. State: NSW Location: Very best location close to Sydney CBD on well known restaurant and cafe strip. DescriptionRestaurant - Bar serving Chinese cuisine including a variety of tasty noodle soup, noodle salad, special dim sim, dumplings, won ton noodle soup, BBQ pork bun, vegetarian dumplings, juicy pork bun, baskets of dumplings etc. - Won tons are made fresh in house - 52 seats inside with bar. - Liquor license until 2.00 a.m. Summary
Weekly SummaryWeekly Takings (inc GST)$11,000Cost of Goods$3,300Gross Profit$7,700Rent$1,200Wages$2,000Electricity$100Gas$50Misc1$319Misc2$531Total Expenses$4,200Estimated Stock (Additional)$7,000Net Profit$3,500Price$169,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Bar - Chinese Cuisine - Takeaway
Business Code: W1739
Price: $169,000
+ Estimated SAV $7,000
Key Features: Restaurant - Noodles - Chinese cuisine - Sydney City Fringe - Sales $11,000 p.w.
State: NSW
Location: Very best location close to Sydney CBD on well known restaurant and cafe strip.
Description
Restaurant - Bar serving Chinese cuisine including a variety of tasty noodle soup, noodle salad, special dim sim, dumplings, won ton noodle soup, BBQ pork bun, vegetarian dumplings, juicy pork bun, baskets of dumplings etc. - Won tons are made fresh in house - 52 seats inside with bar. - Liquor license until 2.00 a.m.
Summary
- Features: Spacious attractive fit out - Prime location - Beautiful backyard.
- Potential: Could add live music - promote parties and functions through internet media. - ideal for family business.
- Premises: This business has an area of 200 sq.mts. with long wine bar in the hall.
- Trading Hours: 7 days - Mon. - Sun. - 11:00 a.m. - 10:00 p.m.
- Lease: 3 year lease from Nov. 2019 + 2 yrs. option - 3 months bond - C.P.I. rent increases.
- Employees: 1 owner + 2 fulltimers + 2 parttimers
- Sale Reason: Too busy with 4 other businesses.
- Comments: Misc.- 1 - Includes Menulog and Uber delivery fee - Business is part of a chain of noodle restaurants based in Sydney owned by this vendor - With a vision of spreading the Hunan tradition, the team have put their efforts to retain the authentic flavours as well as enhancing the customer experience. - Due to Coronavirus-19 at present takeaway only - Owner will show sales figures until March, 2020.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$11,000
Cost of Goods
$3,300
Gross Profit
$7,700
Rent (ex GST)
$1,200
Wages
$2,000
Electricity
$100
Gas
$50
Misc1
$319
Misc2
$531
Total Expenses
$4,200
Estimated Stock (Additional)
$7,000
Net Profit
$3,500
Price
$169,000
+ Estimated SAV $7,000
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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.
