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Restaurant business for sale in Lidcombe

  • Restaurant
  • Lidcombe NSW 2141
  • $280,000 (GST na)

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
2 chefs + 2 chef assistants + 2 hall staff

Comments
Good reputation and always busy. - 2016 sales were $1.25million - Net profit based on one owner working. - If anybody wants to apply for resident visa owner will give training and assist.
Figures
Weekly Sales $25000
Rent (ex GST) $1469
Wages $5200
Profit $8381

SBX Business Code: W1567

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Business Highlights

Business ID2013687436
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Last updated  13 May 2019
Map for Lidcombe NSW 2141
Map for Lidcombe NSW 2141Lidcombe NSW 2141
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Business Highlights

Business ID2013687436
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  13 May 2019
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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