SBX Business Brokers Phone : 02 9439 ****

Chinese Restaurant -Under Part Management - Shopping centre location

Listing Id : 245466

Location : New South Wales

Category : Restaurant

Asking Price : 250,000

Business description

Chinese Restaurant -Under Part Management - South West Sydney - Agent SBX Code Number: M1992 Restaurant serving a wide of selection of noodle soups, fried noodles, sizzling beef, chicken and lamb, dumplings etc. - Also sells Halal meat. - Open kitchen. - 45 seats inside Potential A motivated owner operator or couple could save $**** **** on wages as current vendor is only working as a casual in the business. - Could add home delivery. Features Good location. - Long lease - No competition. - High margins on noodle food. Premises Near new fitout with an area of 90 m2. Location Prime location in front of shopping centre in South-West Sydney. Trading Hours 7 days - 11 a.m.- 930 p.m. Lease 5 + 5 year lease commenced Aug. 2015 - 3% increases. - 3 months bond. Employees One owner ( working part time) + 1 Manager + 2 chefs + 1 kitchen + 2 casuals. Comments The rent includes all outgoings. - The business set up cost was $200k in year 2015. - Near new equipment. Nothing to spend. - Keen vendor. - Must be sold. Figures Weekly Sales $12000 Rent (ex GST) $1**** **** Wages $4250 Profit $3280 Agent SBX Code Number: M1992 - SBX Business Brokers


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