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Chinese Restaurant -Takeaway -Asian Cuisine - Chinese Restaurant- Only Trading 5 Dinners- Nets $4690 P.W.-North West Syd. For Sale

Sydney, New South Wales, Australia
Asking Price:
$150,000 (AUD)
Sales Revenue:
$676,000 (AUD)
Cash Flow:
$243,880 (AUD)

Restaurant serving authentic Asian & Chinese cuisine, specialising in Cantonese style dishes including popular sweet & sour chicken, sizzling beef, honey black pepper pork, king prawns and rice / chow mien and soup etc. Fully equipped commercial kitchen with cool room. Liquor licence 90 seats. Currently only open 5 nights p.w. with good turnover and profit.

Potential
Could open 7 days or trade 2 lunches on weekend. Expand home delivery through internet platforms. Could convert to different cuisine.

Features
Long established for more than 30 years. Loyal customers. Well known to locals. Short trading hours, 5 dinners only. Long lease available. Great growing potential. Well priced.

Premises
Well presented Chinese style restaurant with an area of 232 m2 including downstairs 32 m2 store room.

Location
Situated in small shopping village of North West residential area of Sydney.

Trading Hours
5 nights - Wednesday to Sunday 5 pm to 9 pm. Monday and Tuesday closed

Lease
The vendor is landlord. New 3 + 3 or 5 + 5 years lease available with 4% annual increases and 3 months rental bond.

Employees
Two owners + 1 full timer + 3 casuals

Comments

Property Information

Location:

Situated in small shopping village of North West residential area of Sydney.

Business Operation

Expansion Potential:

Could open 7 days or trade 2 lunches on weekend. Expand home delivery through internet platforms. Could convert to different cuisine.

Trading hours:

5 nights - Wednesday to Sunday 5 pm to 9 pm. Monday and Tuesday closed

Employees:
Two owners + 1 full timer + 3 casuals
Years established:
1990