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Restaurant-Chinese Cuisine-Takeaway-Under Semi Management - Chinese Restaurant- High Takings -Nets $9170 P.W.- Bargain Offer For Quick Sale

Sydney, New South Wales, Australia
Asking Price:
$350,000 (AUD)
Sales Revenue:
$1,456,000 (AUD)
Cash Flow:
$476,840 (AUD)

Restaurant serving Chinese cuisine. The menu includes entrees, soup, laksa, king prawns, seafood, beef, chicken, pork, vegetarian and noodles etc. All food is prepared fresh and tastes delicious. Well known within the local community for great traditional food and service. Also does home delivery (dinner only ) by minimum order $50 with selected areas only. 10% surcharge applies on public holidays. Full kitchen. 80 seats inside. BYO.

Potential
A hands on full time owner operator could save on wages and make more profit. Promote on social media to boost sales. Could apply for liquor license.

Features
Good location. Regular customers. Well known to locals. Great food with high margins. Well priced. Quick capital return.

Premises
Well presented and modern designed shop with an area of approx. 160 m2.

Location
Prime location in major North West shopping centre.

Trading Hours
7 days - Monday to Friday 1130 am to 230 pm and 5 pm to 930 pm. Saturday and Sunday till 10 pm.

Lease
5 years lease commenced September 2022. - 4% annual rental increases. - 3 months bond.

Employees
One owner ( casual work in the business ) + 3 chefs, 3 kitchen hands and 5-6 casuals

Comments

Property Information

Location:

Prime location in major North West shopping centre.

Business Operation

Expansion Potential:

A hands on full time owner operator could save on wages and make more profit. Promote on social media to boost sales. Could apply for liquor license.

Trading hours:

7 days - Monday to Friday 1130 am to 230 pm and 5 pm to 930 pm. Saturday and Sunday till 10 pm.

Employees:
One owner ( casual work in the business ) + 3 chefs, 3 kitchen hands and 5-6 casuals