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Food, Beverage & Hospitality business for sale in Sydney

  • Food, Beverage & Hospitality
  • Sydney NSW 2000
  • $380000

Business For Sale - Restaurant Established 27 years

Restaurant - Chinese Cuisine - South West
SBX Business Code: BM1007
Chinese restaurant selling Cantonese and Asian fusion cuisine - High volume kitchen. - 85 seats - Licenced.

Potential
Under utilised and under marketed licensed bar.

Features
Long established - Well known. - Profitable

Premises
Large, attractive, well planned and functional licensed restaurant and bar with an area of 220 sq. mts.

Location
Situated at the entrance to a major suburban shopping centre

Trading Hours
7 days - Lunch - 12 noon to 3 p.m. - Dinner - Sun. - Thurs. - 5 p.m.- 930 p.m.. - Fri. - Sat. - 5 p.m.-1030 p.m.

Lease
4 yrs. remain + 5 yrs. + 5 yrs. options with C.P.I. increases

Employees
2 owners + 6 full timers + 6 casuals

Comments
Received a $800,000 fitout 4 years ago. - Very steady and profitable business
Figures
Weekly Sales $24000
Rent (ex GST) $2450
Wages $5500
Profit $4640

SBX Business Code: BM1007

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2011820847
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Category
Last updated  18 Apr 2017
Map for Sydney NSW 2000Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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