SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Restaurant - Chinese Cuisine - Malaysian Cuisine - Well established

Listing Id : 197520

Location : New South Wales

Category : Restaurant

Asking Price : 120,000

Business description

Restaurant - Chinese Cuisine - Malaysian Cuisine - South Sydney - Agent SBX Code Number: FQ1**** **** Restaurant serving Chinese cuisine including yum cha, omelettes, mains, stirr frys, seafood dishes, bean curds, desserts, as well as Malaysian delights such as satay sticks, beef rendang, curry laksa etc. - Spacious dining area is perfect for family, corporate or private events. - Full kitchen. - 120 seats inside. - Full liquor licence. - Sizeable takeaway and delivery business. Potential Could apply for liquor licence and increase turnover with alcohol sales- Extend trading hours. - Trade on Mondays. - Register with online portals such as Menulog and Delivery Hero.- Extend home-delivery to Sutherland area - Increase advertising. - Cater for events and functions Features No competition within centre - Regular clientele - Established over 25 years.Consistent turnover - Large area. - Popular website. Premises Spacious premises with an area of over 200 sq.mts. Location Situated in a busy shopping centre in Sydney South. Trading Hours 6 days - Tues. - Sat. - 1200 p.m. - 200 p.m. - 500 p.m. - 900 p.m. - Sun. - 500 p.m.- 900 p.m. - Closed Monday. Lease Current lease commenced Sept. 2016 - Expires Sept. 2019 + 2 yr. option. - 5% annual increases - 3 months bond. Employees 1 owner +3 fulltimers + 6 casuals Comments Misc. -1 refers to Eftpos merchant facility fees. - Misc. 2 - refers to gst tax payments - Regretful sale due to ill health. Figures Weekly Sales $16000 Rent (ex GST) $1930 Wages $5000 Profit $2815 Agent SBX Code Number: FQ1**** **** - SBX Business Brokers


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