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Asian Restaurant - Malaysian - Chinese Cuisine - Asian Restaurant - Macquarie Park- 5 Lunches And 4 Dinners - Nets $4460 P.W. For Sale

Macquarie Park, New South Wales, Australia
Asking Price:
$100,000 (AUD)
Sales Revenue:
$1,300,000 (AUD)
Cash Flow:
$231,920 (AUD)

Restaurant serving Asian / Malaysian style cuisine including delicacy of Hainan chicken rice, satay and curry chicken / beef / seafood, laksa chicken or vegetarian, laksa prawns and seafood etc. - Full kitchen with cool room, frozen room and large store room. - Fully licensed. - 150 seats indoors and outdoors. - Currently trades 5 lunches and 4 dinners. High takings with average weekly $35,000 pre Covid.

Potential
Could open 7 days - . Increase trading hours. - Add catering business to offices. -Add home delivery through internet order system which would increase takings and profit to a new and high level.

Features
Long established for 16 years. - Well known by locals. - Short trading hours. - Full financials available - New lease with discounted rent available. - Great business with growing potential. - Well priced.

Premises
Unique designed and well established Asian restaurant with an area of 320 m2 and in good condition.

Location
Main traffic road location surrounded by office buildings, international brand restaurants and residences

Trading Hours
5 lunches - Wed. - Sun. - 1130 a.m. - 230 p.m. - 4 dinners - Thurs. - Sun. - 530 p.m. - 930 p.m.

Lease
1.5 years + 5 years option remaining expires May 2028. - 3% annual increases. - 6 months bond. - A new lease may be available with around 20% rental discount negotiated by landlord.

Employees
2 owners ( take turns managing the business ) + 2 full time chefs + 3 kitchen hands + 2 - 3 table servers.

Comments

Property Information

Location:

Main traffic road location surrounded by office buildings, international brand restaurants and residences

Business Operation

Expansion Potential:

Could open 7 days - . Increase trading hours. - Add catering business to offices. -Add home delivery through internet order system which would increase takings and profit to a new and high level.

Trading hours:

5 lunches - Wed. - Sun. - 1130 a.m. - 230 p.m. - 4 dinners - Thurs. - Sun. - 530 p.m. - 930 p.m.

Employees:
2 owners ( take turns managing the business ) + 2 full time chefs + 3 kitchen hands + 2 - 3 table servers.
Years established:
2006

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