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Restaurant business for sale in Carindale

  • Restaurant
  • Carindale QLD 4152
  • $1,200,000 (GST na)

TTQH1072 - Business For Sale - Restaurant Chinese Restaurant - Sales $46,153 pw - Franchise - Carindale 4116 Qld - Profit $10,119 pw - 160 seats

Chinese Restaurant - Franchise - Brisbane East
SBX Business Code: TTQH1072
Restaurant -franchise serving Chinese -Asian cuisine including a huge variety of Yum Cha dishes and other authentic Chinese gourmet dishes. - Spacious commerical kitchen equipped with duck roaster oven, wok burners, exhaust canopy, grease trap, walk-in cold room and freezer room. - Licenced and also equipped with CCTV and POS system.- Strong marketing tools including loyalty card programs, website, online delivery services. - 160 seats

Potential
Owner operator could save on wages

Features
Fully under management - Very strong sales - Well sort-out franchise system - Low franchise fee

Premises
This business has an area of approx. 298m2 with high class classic Asian shop fit-out

Location
Situated in one of the largest shopping centres in Queensland with very busy foot traffic

Trading Hours
7 days - Mon. - Sun. - 10 a.m. - 10 p.m.

Lease
Current lease expires March, 2022 - 3 months bank guarantee - C.P.I. + 2% increases p.a.

Employees
8 fulltimers including 2 Managers + 15 parttimers

Comments
Franchise fee is $500 + GST per week & 2% on sales when over $2 million - Premium investment opportunity, suitable to owner operator and investors Rent includes outgoings and electricity - Misc.- 1- includes all other business expenses such as accounting fees and bank charges - Misc.- 2 - includes kitchen fridge and dish washer rental fees.
Figures
Weekly Sales $46153
Rent (ex GST) $6205
Wages $14423
Profit $10119

SBX Business Code: TTQH1072

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014552427
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Category
Last updated  4 Jun 2019
Map for Carindale QLD 4152Carindale QLD 4152
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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