SBX Business Brokers Phone : 02 9439 ****

Restaurant - Asian - Vietnamese Cuisine - Restaurant - Vietnamese - Paddington Location - Sales $24,500 p.w.

Listing Id : 261117

Location : Queensland - Paddington

Category : Restaurant

Asking Price : 400,000

Business description

Restaurant - Asian - Vietnamese Cuisine - Brisbane City Fringe - Agent SBX Code Number: TTQH1057D Restaurant serving Asian - Vietnamese cuisine including noodles, rice dishes, Vietnamese style salads, rice paper rolls. - BYO license. - Spacious dining area with modern high class shop fit-out which cost over $400k.- Full commercial kitchen equipped with walk-in cold room, walk-in freezer room, wok burners, grill plates, exhaust canopy, grease traps, deep friers. - 64 seats inside - 46 seats outside. Potential Could add website to accept online booking. - Could join online ordering systems (e.g. Menulog, Foodora) for deliveries / bookings / takeaways-Could apply Lic license to boost sales Features Very strong sales and still growing - Long lease - Popular and well-known - Great location Premises This business has an area of approx. 113m2 with modern shop fit-out Location Situated in a local shopping centre surrounded by high density residential in City Fringe suburb. Trading Hours 6 days - Tues. - Sun. - 11 a.m. - 230 p.m. - 5 p.m. - 10 p.m. Lease Current lease expires Dec. 2**** **** + 5 + 5 year options - 3% increases p.a. - 3 months bond Employees 2 owners (60 hours & 30 hours) + 3 fulltime chefs + 5 parttime kitchen hands + 6 parttime waiters Comments Premium investment opportunity - suitable for experienced buyers - Miscell. - 1 - includes other business expenses such as accounting fees, bank charges etc. - A must inspect. Figures Weekly Sales $24500 Rent (ex GST) $1984 Wages $5324 Profit $1**** **** Agent SBX Code Number: TTQH1057D - SBX Business Brokers


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