SBX Business Brokers - Businesses for sale Sydney

Chinese Restaurant - Takeaway - Under Management - City Fringe - (Code: M1993)

Good lease

For more details please click here to register with us.

Enquire Now
Or

Price: $120,000






Weekly Takings (inc GST) $12,000
Cost of Goods $4,000
Gross Profit $8,000
Rent $1,020
Wages $3,500
Outgoings $
Telephone $20
Insurance $40
Electricity $140
Gas $60
Misc 1 $
Misc 2 $
Total Expenses $4,780
Net Profit $3,220
Coffee Kilos P/W 0.0

Estimated Stock

$3,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant serving Chinese cuisine and focusing on home delivery through APP internet order system - 70% of sales are takeaway and 30% of retail sales are for local residents. - Has a large central kitchen to process orders - 80 seats

Potential
This young business has a great potential to grow - Could expand catering business. - Could add more internet order systems, such as Menulog, UberEats etc. - Do local marketing to increase retail sales. - Could open 7 days.

Features
Long lease with low rent. - Huge growing opportunity. - Well priced.

Premises
Newly renovated shop with an area of approx. 100 m2 plus large outdoor seating area.

Location
Situated under high rise apartments in City Fringe close to Sydney University.

Trading Hours
6 days - Tues. - Sun. - 11:30 a.m.- 3 p.m. - 5 p.m.- 9:30 p.m. - Monday closed.

Lease
5 + 5 year lease commenced Oct 2017. - First 5 years no rent increases - First 3 years has one month rent free for each year. - 3 months bond.

Employees
Under Management - 3 - 4 staff

Comments
The rent includes all outgoings. - Must be sold.

Similar Businesses
Restaurant- Seafood- Takeaway - Central Coast
$125,000
Cafe - Restaurant - Bar - City Fringe
$120,000
Restaurant - Takeaway - Functions - Snowy Mountains
$128,000
Restaurant - Italian Cuisine - Pizza - Western Suburbs
$120,000
Restaurant - Chinese Cuisine - Takeaway - Northern Beaches
$118,000




SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXM1993

For more details please call (02) 9439 4403
or click here to register with us.


 Business for sale  Business for sale  Business for sale  Business for sale  Business for sale  Business for sale