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Restaurant business for sale in Minto

  • Restaurant
  • Minto NSW 2566
  • $250000

M1992 - Business For Sale - Restaurant Shopping centre location

Chinese Restaurant -Under Part Management - South West Sydney
SBX Business Code: M1992
Restaurant serving a wide of selection of noodle soups, fried noodles, sizzling beef, chicken and lamb, dumplings etc. - Also sells Halal meat. - Open kitchen. - 45 seats inside

Potential
A motivated owner operator or couple could save $1300 on wages as current vendor is only working as a casual in the business. - Could add home delivery.

Features
Good location. - Long lease - No competition. - High margins on noodle food.

Premises
Near new fitout with an area of 90 m2.

Location
Prime location in front of shopping centre in South-West Sydney.

Trading Hours
7 days - 11 a.m.- 930 p.m.

Lease
5 + 5 year lease commenced Aug. 2015 - 3% increases. - 3 months bond.

Employees
One owner ( working part time) + 1 Manager + 2 chefs + 1 kitchen + 2 casuals.

Comments
The rent includes all outgoings. - The business set up cost was $200k in year 2015. - Near new equipment. Nothing to spend. - Keen vendor. - Must be sold.
Figures
Weekly Sales $12000
Rent (ex GST) $1038
Wages $4250
Profit $3280

SBX Business Code: M1992

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014312734
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Category
Last updated  5 Feb 2019
Map for Minto NSW 2566
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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