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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $415000

      W1567 - Business For Sale - Restaurant Good business

      Restaurant - Korean - Chinese Cuisine - Western Suburbs
      SBX Business Code: W1567
      Restaurant specialising in Korean /Chinese cuisine including noodles, sweet & sour pork or beef, stir fried seafood, yuringi, chicken in spicy sauce, tofu salad etc. - 42 seats inside - Fully licensed with liquor license until 1000 p.m

      Potential
      Experienced couple could save on wages.-Suit family business. - Can extend opening hours 7 days.

      Features
      Location - Location. - Excellent kitchen equipment. - Good reputation.

      Premises
      This business has an area of 100 sq.mts.

      Location
      Situated on busy main shopping roadclose to train station.

      Trading Hours
      6 days - Mon. - Sun. - 1100 a.m. - 400 p.m. - 500 p.m. - 1000 p.m. - Closed Thursday.

      Lease
      5 years + 5 year lease from 2014 - 3 months bond - annual rental increases of 4%

      Employees
      4 fulltimers + 2 casuals + owner (Manager only)

      Comments
      Good reputation and always busy. - 2016 sales were $1.25million - Net profit based on one owner working.
      Figures
      Weekly Sales $25000
      Rent (ex GST) $1350
      Wages $5200
      Profit $8500

      SBX Business Code: W1567

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013687436

      Last updated

      20 Mar 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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