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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $255000

      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

      Business Highlights

      Business ID

      2011449314

      Last updated

      25 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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