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Function Centre - Restaurant - Yum Cha - Karaoke Bar -...

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Function Centre - Restaurant - Yum Cha - Karaoke Bar - Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lwr Nth Shore
NSW

Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lower North Shore - Agent SBX Code Number: F3318A Restaurant - Function Centre - Potential Chinese Yum Cha - Karaoke Bar - Indian or Ko...

Price $298,000.00

Function Centre - Restaurant - Yum Cha - Karaoke Bar - Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lwr Nth Shore

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Function Centre - Restaurant - Yum Cha - Karaoke Bar - Lower North Shore - Agent SBX Code Number: F3318A

Restaurant - Function Centre - Potential Chinese Yum Cha - Karaoke Bar - Indian or Korean BBQ - Full kitchen with freezer and cool room near loading dock and separate serving area including hot and cold bar - Large luxurious bar area - Unusual dual street entrances on two different levels gives easy access to the function centre and restaurant. - Really nice ambiance with three levels to make more appealing to the eye. - 180 seats - Licenced.

Potential

To extend the premises for outdoor seating subject to approval by landlord which has been discussed - Would suit any cuisine, Chinese, Indian, Korean.

Features

New lease available - Large 400 space car park available for easy access to business - Large music stage for performing and large dance floor.

Premises

This business has a performing music stage, loading dock, male and female toilets and a total area of 300 sq. mts.

Location

Prime location in heart of busy suburb on lower North Shore with plenty of parking.

Trading Hours

To suit

Lease

Current lease expires Nov. .2021 + a further 5 year option - C.P.I. annual rental increases - 3 month bond - A new lease may be available to suitable purchasers with food experience .

Employees

One owner + one chef + casuals as required .

Comments

The business is trading as a going concern but is not being sold on the current financial figures. - Easy entrance from the carpark into the function centre - restaurant is a bonus for patrons getting both to and from the business. - Selling at way below replacement fit out cost - A full equipment inventory list and a copy of the existing lease is available on request - Inspections Monday and Tuesday .

Agent SBX Code Number: F3318A - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 229783
SBX ID: F3318A




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