FS1003 - Business For Sale - Restaurant Profitable business
Restaurant - Chinese Cuisine - South West
SBX Business Code: FS1003
Chinese seafood restaurant selling live seafood and Chinese cuisine. - Live seafood tank with lobsters, fish & abalone. - Opens dinner and supper only. - A full sized commercial kitchen with all equipment in good condition, walk-in cool room with lots of room for storage. - 100 seats - Currently B.Y.O.
Potential
Could open 7 days with lunch operation. - Could also apply for a liquor license. - Couldrun under management as they have a reliable team of chef and kitchen staff.
Features
Long established. - Well known business. - Very low rent. - High turnover. - Profitable. - Good reputation.
Premises
This business has an area of 200 sq. mts.
Location
Prime position in a famous eat street in South West surrounded by restaurants and cafes.
Trading Hours
6 days - Thurs. - Tues. - 5 p.m. - 2 a.m. - Closed Wednesday.
Lease
Current lease will expire in 2019. A new 5 years lease will be granted with fixed rent. - 3 month rental bond.
Employees
2 owners + 5 full timers + 4 casuals
Comments
This business suits husband and wife and is especially good if one of the partners is a chef which would save on wages. - Good opportunity to purchase a quality business.- Well established for over 8 years.
Figures
Weekly Sales $22000
Rent (ex GST) $734
Wages $7000
Profit $4546
SBX Business Code: FS1003
SBX Business Brokers - Sydney Business Exchange