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Food, Beverage & Hospitality business for sale in Wollongong

  • Food, Beverage & Hospitality
  • Wollongong NSW 2500
  • $45,000 (GST na)

Chinese&Viennese cuisine-Restaurant-Wollongong-NP$3,622 P.W.-Urgent,Big discount

General Description

Restaurant serving Chinese and Viennese cuisine including wonton, springs, noodles, stir fried, dim sum etc. - Fully equipped kitchen . - 40 seats inside. Prime location on the main street of Wollongong. 5 mints to the beach. The shop was established on 2012. Loyalty customers and stable income. $3,622 Net profit /PW. The vendor would like to sell due to retirement.

Sale Reason

The owner is sick. Urgent sale.

Employees

Two owners, two causals

Hours

Mon- Sun 11:30am- 2:30pm, 5:00pm - 9:30pm, Tue closed.

Lease Details

3 years lease commerced July 2019 , CPI annual increase, 2 months bond

BUSINESS INFO

Weekly Takings

$9,615

Cost of Goods

$3,076

Gross Profit

$6,539

Rent (ex GST)

$818

Wages

$1,800

Electricity, Gas

$266

Other costs

$33

Total Expenses

$2,917

Nett Profit

$3,622

Price

$128,000

Estimated Stock (additional)

$5,000

Business Highlights

Business ID2015932055
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Category
Last updated  10 Dec 2019
Map for Wollongong NSW 2500
Map for Wollongong NSW 2500Wollongong NSW 2500
Suite 906/121 Walker Street North Sydney NSW 2060
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