Food, Beverage & Hospitality business for sale in Hervey Bay & Greater Region QLD
- Food, Beverage & Hospitality
- Hervey Bay & Greater Region QLD
- $650,000 Plus SAV Estimated at $10,000
Authentic Chinese Restaurant in Fraser Coast Region
This long established, since 2001, Chinese and Asian restaurant has abundant list of favorable comments.
Long lasting staff and stable repeat customers are the key to its popularity.
Turnover has increased even during the COVID 19.
Maintaining good business relationship with hotels is another reason of continuous success.
300m2 size restaurant has a 4 bed room house at back where employees reside.
It opens from Tuesday to Sunday.
Operating hours: 11:00 am 2:00 pm and 5:00 pm 9:00
Lease: month to month
Staffing: Business owner/husband, 7 full-time and 7 casual staffs
Monthly rent: 4,982.13 including GST
Outgoings is between $2,000 and $2,500 per month, which covers water, waste and council rate
Annual turnover: around $1,770,000
Annual net profit before tax: around $660,000
Price: $650,000 + SAV
For further information about this business, please complete Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.forceonerealty.com: or
Please call Jennifer on 0401 847 616