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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $320000

      FQ1090 - Business For Sale - Restaurant No competititon

      Restaurant - Chinese Cuisine - Takeaway - Under Management - City Fringe
      SBX Business Code: FQ1090
      Restaurant serving Sichuan-style cuisine including hot pot, beef, pork, lamb, chicken and soft drinks etc. - Takeaway and a-la-carte menu available. - Full kitchen. - Seats 40 people inside and 60 people outside. - The alfresco area can accommodate other menu cuisines such as Korean or Chinese BBQ. - Fully licenced.

      Potential
      Huge opportunity for deliveries & catering in this very busy city-fringe precinct- Due to location, ideal for partnering with DeliveryHero, Menulog, Uber Eats etc. - Would suit owner operators.

      Features
      Fully licenced - Excellent location- Consistent & loyal student clientele- No competition - Under management.

      Premises
      Recently renovated premises of 350 sq. mts. with outdoor alfresco dining area and BBQ facility.

      Location
      Situated In court yard of a university campus and apartment accommodation in City Fringe

      Trading Hours
      7 days - Mon. - Sun. - 1030 a.m. - 1000 p.m.

      Lease
      Current lease expires June, 2020. + 3 years option. 3% annual increases. - 3 months bond.

      Employees
      1 Manager + 2 fulltimers + 3 casuals. - Under Management.

      Comments
      Profit shown is for a working owner - Currently under full management with wages of $5,100 per week. - Misc. - 1 -eftpos merchant fees. - Misc. - 2 - refers to gst & tax payments.
      Figures
      Weekly Sales $12000
      Rent (ex GST) $2520
      Wages $4400
      Profit $1000

      SBX Business Code: FQ1090

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013699614

      Last updated

      27 Apr 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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