Are you a Business Owner?
Set up your Private Seller Account and create your listing today
Get Started HereA fully managed restaurant making massive profits in Northern Sydney‘s landmark shopping centre frequented every day by the uni students and residents nearby.
· A Chinese Malaysian dine-in/takeaway restaurant offering a convenient and authentic Asian inspired menu of HK-style BBQ, laksa, stir-fried favourites and more
· Sales has been climbing since FY17, averaging in $1.8mil a year with 3.5%-4.5% increase each year
· Sales never dropped below $1.7mil over the past 5 years ever since the shopping centre relaunched in FY15
· The business has been entirely and virtually under management, as well as fully operational by complete independence since its inception
· The owner owns multiple businesses across different industries and never worked in the restaurant
· Only a more dedicated owner-operator can truly capitalise on the massive revenue and maximize the profits
Financials:
Sales: ˜ $36,000/wk
Profit: ˜ $8,400/wk
Rent: ˜ $5,300/wk
Wages: ˜ $8,500/wk (under management)
Utilities: ˜ $750/wk