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Restaurant - Chinese Cuisine - Takeaway - Good business

Business for Sale
Restaurant - Chinese Cuisine - Takeaway - Good business
NSW

Restaurant - Chinese Cuisine - Takeaway - Northern Beaches - Agent SBX Code Number: FQ1102 Restaurant serving favourite Chinese cuisine such as dim sims, entrees, mix & match a la carte menu,...

Price $118,000.00

Restaurant - Chinese Cuisine - Takeaway - Good business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Chinese Cuisine - Takeaway - Northern Beaches - Agent SBX Code Number: FQ1102



Restaurant serving favourite Chinese cuisine such as dim sims, entrees, mix & match a la carte menu, stir fry, fried rice, noodles, seafood dishes, variety of soups, omelettes, beancurds etc. - Full kitchen. - Sizeable takeaway and delivery business. - Currently partnered with Menulog.com.au - 70 seats inside - Priced to sell.



Potential

A motivated owner can boost turnover- Apply for full liquor licence and offer alcohol beverages - Currently no marketing. - Can easily increase sales with local marketing.- Improve menu options to attract more clienteles



Features

Strong brand name - Loyal local clientele - Limited competition - Strong delivery and takeaway business - Low rent



Premises

Modern and very recently refurbished premises with an area of 100 sq.mts.



Location

Excellent location near busy street and other anchor stores in Northern Beaches.



Trading Hours

7 days - Wed. - Sun. - 1130 a.m.- 300 p.m. - Mon. - Sun. - 430 p.m. - 930 p.m.



Lease

Current lease expires Sept. 2020 + 5 year option. - C.P.I.% annual increase. - 3 months bond. - Easy landlord approval.



Employees

1 owner + 2 fulltimers + 2 casuals



Comments

Renowned franchise but no franchise fee or royalty. - Fantastic opportunity. - Selling for equipment value - Current owner does not cook. - Net profit assumes an owner-operator chef. - Add $1,000 to wages if a chef is required. - Misc.- 1 - merchant facility fees. - Misc. - 2 - GST & tax obligations.



Agent SBX Code Number: FQ1102 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163215
SBX ID: FQ1102




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