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Restaurant - Chinese Cuisine - Great business

Business for Sale
Restaurant - Chinese Cuisine - Great business
NSW

Restaurant - Chinese Cuisine - North West Sydney - Agent SBX Code Number: M1860 Restaurant serving traditional Chinese cuisine, Peking duck, sang choy bow, seafood, beef, chicken, pork an...

Price $450,000.00

Restaurant - Chinese Cuisine - Great business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Chinese Cuisine - North West Sydney - Agent SBX Code Number: M1860



Restaurant serving traditional Chinese cuisine, Peking duck, sang choy bow, seafood, beef, chicken, pork and vegetarian dishes. - Beverages of coffee, tea and drinks. - Main courses are all above $20. - Full commercial kitchen with cool room. - Full liquor licenced. - Banquet menu for parties. - 170 seats indoors. - Premium fitout which cost $550k.



Potential

Would suit any cuisine. - Could be run under management. - Add local marketing. - Could trade 7 days to increase sales.



Features

Good location. - No competition. - Regular dine in. - Newly refurbished. - High turnover. - Low rent.



Premises

Elegant tastefully presented restaurant with 2 large dining rooms and a total area of approx. 300 m2.



Location

Situated in a shopping village in North-West area.



Trading Hours

6 days - Tues. - Sun. - 11 a.m.- 3 p.m. + 5 p.m. - 10 p.m.



Lease

5 + 5 year lease from 2014. - 5% increases. - 3 months bond.



Employees

1 owner ( working cashier desk and serving orders ) plus 6 full time workers + 10 casuals.



Comments

The rental includes GST. - Miscell. 1- Water and rubbish. - The business busy trading times are Friday, Saturday and Sunday - 3 days takings average $25,000. - Very solid income business. -Inspection is high recommended. - Please do not talk to any shop staff when visiting the business.



Agent SBX Code Number: M1860 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 89325
SBX ID: M1860




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