Chinese restaurant/takeaway serving delicious genuine Chinese dishes including varieties of stir-fried chicken, beef, pork, seafood and vegetables with satay, curry, chilli garlic, sweet and sour, chilli basil, etc. combinations. - Fully equipped kitchen. - Currently only open 5 dinners with short trading hours 5 p.m. - 9:30 p.m. - 30 seats inside and 40 seats can be placed outside if desired. The business has its own website to take orders. Also, nearly half its revenue is home delivery through Uber and Doordash platforms.
Potential
Huge potential to increase sales and profit. Could open 7 days for lunch and dinners as the vendor was doing before when the takings reached more than $10,000 per week. - For the last year, the vendor has only opened for 5 dinners with short trading hours due to health reasons. - Could change to a different cuisine such as Thai, Korean, Vietnamese, etc.
Features
Long established. - Well known by locals. - High-quality food with high margins. - Cheap rent with long lease. - Short trading hours (5 dinners only). - Great growth opportunity. - Well priced for a quick sale.
Premises
Well-presented shop with an area of approx. 80 sqm with a large commercial kitchen.
Location
Situated on level 1 of a shopping village in Sydney's Eastern Suburbs, close to the beach.
Trading Hours
5 dinners - Wednesday - Sunday - 5 p.m. - 9:30 p.m.
Lease
5 + 3 + 3 years lease commenced in 2019. - New longer lease available. - 4% annual increases. - 3 months bond.
Employees
2 owners plus 1 part-time staff
Comments
The rent includes all outgoings. - Misc. 1 - Refers to home delivery average commission. - Keen vendor, urgent sale due to health reasons. - All reasonable offers will be considered.
