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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $250000

      FQ1092 - Business For Sale - Restaurant Well established

      Restaurant - Chinese Cuisine - Takeaway - Seafood - Eastern Suburbs
      SBX Business Code: FQ1092
      Restaurant serving Chinese cuisine including dim sim entrees, long / short soups, seafood stir fries, fried rice / noodles, black pepper steak / lamb, roast duck. -Spacious dining area suitable for family, corporate or private events. - Also includes karaoke facilities and separate bar for drinks. - Full kitchen - Seats 80 inside. - Licenced - Sizeable takeaway and delivery business partnering with Menulog.

      Potential
      Could open for lunch - Introduce Yum Cha menu for lunch - Push events and catering sales

      Features
      Limited competition - Loyal and consistent clientele - Restaurant can cater to group events such as karaoke & singing facilities - Full bar and liquor licence

      Premises
      Recently renovated premises with an area of 200 sq.mts.

      Location
      Prime location near busy street and popular tourist beach in Eastern Suburbs.

      Trading Hours
      7 days - Mon. - Sun. - 500 p.m. - 1100 p.m.

      Lease
      Current lease expires Nov. 2019 + 5 years option. - 4% annual increases. - 6 months bond.

      Employees
      1 owner + 1 fulltimer + 5 casuals

      Comments
      Misc.- 1 - Eftpos merchant facility fee. - Genuine opportunity. - Vendor will consider selling a share of the business without landlord approval. - May suit someone looking for their first business.
      Figures
      Weekly Sales $14000
      Rent (ex GST) $3000
      Wages $2900
      Profit $4000

      SBX Business Code: FQ1092

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013760865

      Last updated

      04 Mar 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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