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Food, Beverage & Hospitality business for sale in Eastwood

  • Food, Beverage & Hospitality
  • Eastwood NSW 2122
  • $550,000 (GST na)

Popular Chinese Restaurant in Northwest Sydney

Business Headline : Popular Chinese Restaurant in Northwest Sydney
Price : $550,000
Category : Food/Hospitality, Restaurant, Takeaway Food
This busy Chinese restaurant is located on the main street in one of Sydney\'s Northern suburbs, a popular home of the Chinese community. It is close to everything: local shopping centre, school and train station.

  • Well established and well known restaurant in the Chinese community.

  • Located in the middle of the main street with high foot traffic, open 7 days a week.

  • Long lease till 2026.

  • Ground level is 145 square meters, seating for 60 people.

  • With walk-in cool room, storage room and 5 parking spaces.

  • Fully functional kitchen.

  • Renovated by current owner in 2018, bringing customers a warm, elegant feel.

  • The upstairs is sub-leased and bringing the rent down by 23%.

  • Huge potential to grow/expand.

To receive further information please complete the below registration: Annual Rent : $261,816 -
Weekly Rent : $5,035
Annual Turnover : Not Disclosed -
Weekly Turnover : Not Disclosed
Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed
Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed
Premise : Leased
Lease Commencement : Jun 2015
Lease End : Jun 2021
Lease Option:
5 years
Total No of Parking : 5

Franchise : No
Approximate Stock Value : $5,000
Year Purchased : 2017
Year Established : 2012
Days Trading : 7
Reason for Sale : Other business interest
Location : Eastwood
Business Potential : Online promotion

Business Highlights

Business ID2015387605
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  20 Jun 2019
Map for Eastwood NSW 2122Eastwood NSW 2122
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009

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