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Restaurant - Chinese Cuisine - Restaurant - Chinese Cuisine - Bossley Park - Takings $16,000 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$150,000 (AUD)
Sales Revenue:
$832,000 (AUD)
Cash Flow:
$242,060 (AUD)

Restaurant serving full range of authentic Chinese Cuisine, including entrees and mains, seafood, duck, chicken, pork, beef and lamb dishes, desserts. - 2 private VIP rooms - Huge commercial kitchen - 200 seats inside - Fully licensed - the average spend is about $60 per person with weddings at $100 per head.

Potential
Increase the trading days. - Currently only open 6 days per week. - Potential to reintroduce Yum Cha ( previous sales were $40k per week) - advertise more weddings / functions - Currently only doing about 2 weddings per year

Features
Fully licensed bar inside club - Well established for 8 years - Little competition in the area. - Very low rent

Premises
This business has an area of 600 sq. mts. with a separate function room for weddings, private events for hundreds of people

Location
Situated in Western Sydney.

Trading Hours
6 days - Mon. - Thurs. - 11 a.m. - 3 p.m. - 5 p.m. - 10 p.m. - Fri. - Sat. - 11 a.m. - 3 p.m. - 5 p.m. - 11 p.m.

Lease
Current lease expires May, 2022. - Annual rental -.-.-. increases - No bond required. - 5 year lease available on request

Employees
5 fulltimers + 8 casuals

Comments

Property Information

Location:

Situated in Western Sydney.

Business Operation

Expansion Potential:

Increase the trading days. - Currently only open 6 days per week. - Potential to reintroduce Yum Cha ( previous sales were $40k per week) - advertise more weddings / functions - Currently only doing about 2 weddings per year

Trading hours:

6 days - Mon. - Thurs. - 11 a.m. - 3 p.m. - 5 p.m. - 10 p.m. - Fri. - Sat. - 11 a.m. - 3 p.m. - 5 p.m. - 11 p.m.

Employees:
5 fulltimers + 8 casuals
Years established:
2011

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