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Restaurant business for sale in Toowoomba

  • Restaurant
  • Toowoomba QLD 4350
  • $350,000 (GST na)

TTQH1063D - Business For Sale - Restaurant Busy centre

Restaurant - Chinese Cuisine - Brisbane West
SBX Business Code: TTQH1063D
Restaurant serving Chinese cuisine including entrees, soups, chicken, beef, pork, duck, lamb, omelettes, seafood, vegetarian, noodles, rice, desserts. - Also does lunchtime takeaway specials. - Full commercial kitchen equipped with wok burners, grill plates, deep friers, duck oven, walk-in cold room, freezer room, exhaust canopy, grease traps, multiple fridges. - Has a website and a mobile app to accept orders. - 50 seats inside - 45 seats outside - Licenced

Potential
Could open Monday - Could add Yum Cha

Features
Very low competition - Only large Chinese restaurant in the area - Strong sales and still growing

Premises
These premises have an area of approx. 240m2

Location
Situated in one of the busiest West regional shopping centres.

Trading Hours
6 days - Tues. - Sun. - 12 p.m. - 230 p.m. - 5 p.m. - 9 p.m.

Lease
Current lease expires Dec. 2025 - 4% C.P.I. increases p.a. - 3 months bank guarantee

Employees
1 owner (fulltime chef) + 2 fulltime kitchen hands + 2 parttime kitchen hands + 6 parttime waiters

Comments
This is one of the best regional investment opportunities - Suits experienced operators- Misc.- 1- includes all other business expenses such as bank charges, accounting fees, etc. - Good rent for the size which includes outgoings and water charges. - Nett profit shown is based on declared figures.
Figures
Weekly Sales $21875
Rent (ex GST) $2399
Wages $4621
Profit $3462

SBX Business Code: TTQH1063D

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014957702
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Category
Last updated  10 Jun 2019
Map for Toowoomba QLD 4350Toowoomba QLD 4350
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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