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Southpoint Chinese Restaurant In Matraville For Sale/Lease For Sale

Matraville, New South Wales, Australia
Asking Price:
$150,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$250K - $500K (AUD)

The owner is keen to sell due to their health condition and offers all serious buyers.

Potential: open Wednesday to Sunday from 11:30 am to 3:00 Pm and 5:00 pm to 8:30 pm.

Location: Eastern Suburb and close to Woolworth supermarket. Lots of people know about our restaurant for more than three decades.

Excellent reputation, basting loyal customers, and numerous positive reviews on Facebook and Google reviews.

Attractive Rent and a long lease.

Easy Management and operation Fully equipped with a clean and tidy restaurant ready to start.

33 seats for dine-in and full kitchen with cool room, burner gas cook.

Long lease 5 plus 3 years for 3% annually

Property Information

Real Estate:

Lease

Lease Terms:

5 years plus 3 years.

Leasehold Rent:

$56,000 (AUD) per annum

Location:

Matraville

Premises Details:

Matraville

Size in square feet:
81m

Business Operation

Reasons for selling:

Owner has a leg issue and health problem.

Trading hours:

11:30am to 3:00 pm and 5:00 pm to 8:30pm.

Employees:
3
Years established:
10

Other Information

Support & training:

Will be assist the new buyer for a month.

Furniture / Fixtures value:
$115,000 (AUD) - included in the asking price
Inventory / Stock value:
$4,000 (AUD) - included in the asking price