Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Profitable Malaysian Chinese Restaurant Under Management For Sale

Ryde, New South Wales, Australia
Asking Price:
$350,000 (AUD)
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$100K - $250K (AUD)

Located in a major regional shopping centre in the northwest, producing over $150,000 net profit under management.

· 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 FY16, averaging in $820K a year with FY19 increased by 7.5% compared with FY18, and FY20 first half continued increasing by 12.6%
· Sales never dropped below $700K over the past 8 years, and stayed above $800K over the last 3 years
· 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: ˜ $18,500/wk
Profit: ˜ $3,000/wk
Rent: ˜ $2,700/wk
Wages: ˜ $6,000/wk (under management)
Utilities: ˜ $540/wk

Property Information

Real Estate:

Lease

Lease Terms:

Expiry in February 2024

Location:

The business is located in a landmark regional shopping centre, frequented by the residents from the North Western Suburbs of Sydney

Premises Details:

Approx. 100 sqm including 50 sqm kitchen/preparation area, 75 seats

Business Operation

Trading hours:

Monday-Sunday 9 AM-5:15 PM, Thursday till 9 PM, Friday from 10 AM, Sunday 10 AM-8 PM

Employees:
Under management; 3 full time cooks a week; 2-2.5 (on Thursdays and Fridays) staff a day at the front of the house

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Forward Business Sales and Acquisitions. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here