Visit this listing at https://www.sbx.com.au/business?id=W1898

Business Code: W1898

Key Features: Restaurant -Chinese Cuisine-Family run netting over $12,000 p.w. -Inner West

State: NSW

Location: Situated in cafe, restaurant strip close to shopping centre in Inner West.

Description

Restaurant serving Chinese cuisine - Lunch specials include sweet and sour pork, chilli garlic chicken, black bean sauce noodles, fried prawns in sweet and spicy sauce, stir fried meat, spicy seafood noodle soup, mild vegetable noodle soup, etc - 25 tasty dishes - 24 seats inside - 40 seats outside - Full commercial kitchen including fridges, freezers, gas cooker etc. Liquor license until 11:00 p.m.

Summary

  • Features: Excellent shop fittings and near new high quality kitchen equipment. A good size restaurant on main eatery road. . Shop front bright glass wall.
  • Potential: Experienced owner couple or partner could expect the same high net profit. Very low food costs. Spacious area for more tables and chairs in and outside. - Can be changed to cafe or other food cuisine such as Thai, Korean, Japanese etc.
  • Premises: This beautiful near new shop has an area of 150 sq. mts.
  • Trading Hours: Open 6 days - Monday to Saturday: 10:00 am to 9:30 pm. Closed Sunday.
  • Lease: Current lease expires February 2028 - 4% rent increases - 3 months bond.
  • Employees: Family business ( Father, mother, daughter and son)
  • Sale Reason: Parents Resident Visa problem
  • Comments:

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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)

$21,000

Cost of Goods

$5,000

Gross Profit

$16,000

Rent

$2,975

Electricity

$269

Gas

$143

Misc1

$44

Total Expenses

$3,431

Estimated Stock (Additional)

$4,000

Net Profit

$12,569

Price

$129,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Chinese Cuisine

Business Code: W1898
Price: $129,000
+ Estimated Stock (SAV) $4,000

Key Features: Restaurant -Chinese Cuisine-Family run netting over $12,000 p.w. -Inner West

State: NSW

Location: Situated in cafe, restaurant strip close to shopping centre in Inner West.

Description

Restaurant serving Chinese cuisine - Lunch specials include sweet and sour pork, chilli garlic chicken, black bean sauce noodles, fried prawns in sweet and spicy sauce, stir fried meat, spicy seafood noodle soup, mild vegetable noodle soup, etc - 25 tasty dishes - 24 seats inside - 40 seats outside - Full commercial kitchen including fridges, freezers, gas cooker etc. Liquor license until 11:00 p.m.

Summary

  • Features: Excellent shop fittings and near new high quality kitchen equipment. A good size restaurant on main eatery road. . Shop front bright glass wall.
  • Potential: Experienced owner couple or partner could expect the same high net profit. Very low food costs. Spacious area for more tables and chairs in and outside. - Can be changed to cafe or other food cuisine such as Thai, Korean, Japanese etc.
  • Premises: This beautiful near new shop has an area of 150 sq. mts.
  • Trading Hours: Open 6 days - Monday to Saturday: 10:00 am to 9:30 pm. Closed Sunday.
  • Lease: Current lease expires February 2028 - 4% rent increases - 3 months bond.
  • Employees: Family business ( Father, mother, daughter and son)
  • Sale Reason: Parents Resident Visa problem
  • Comments:

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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

$21,000

Cost of Goods

$5,000

Gross Profit

$16,000

Rent (ex GST)

$2,975

Electricity

$269

Gas

$143

Misc1

$44

Total Expenses

$3,431

Estimated Stock (Additional)

$4,000

Net Profit

$12,569

Price

$129,000
+ Estimated Stock (SAV) $4,000

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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.