SBX Business Brokers Phone : 02 9439 ****

Restaurant - Chinese Cuisine - Busy centre

Listing Id : 261172

Location : Queensland - Toowoomba

Category : Restaurant

Asking Price : 350,000

Business description

Restaurant - Chinese Cuisine - Brisbane West - Agent SBX Code Number: TTQH1063D Restaurant serving Chinese cuisine including entrees, soups, chicken, beef, pork, duck, lamb, omelettes, seafood, vegetarian, noodles, rice, desserts. - Also does lunchtime takeaway specials. - Full commercial kitchen equipped with wok burners, grill plates, deep friers, duck oven, walk-in cold room, freezer room, exhaust canopy, grease traps, multiple fridges. - Has a website and a mobile app to accept orders. - 50 seats inside - 45 seats outside - Licenced Potential Could open Monday - Could add Yum Cha Features Very low competition - Only large Chinese restaurant in the area - Strong sales and still growing Premises These premises have an area of approx. 240m2 Location Situated in one of the busiest West regional shopping centres. Trading Hours 6 days - Tues. - Sun. - 12 p.m. - 230 p.m. - 5 p.m. - 9 p.m. Lease Current lease expires Dec. 2**** **** % C.P.I. increases p.a. - 3 months bank guarantee Employees 1 owner (fulltime chef) + 2 fulltime kitchen hands + 2 parttime kitchen hands + 6 parttime waiters Comments This is one of the best regional investment opportunities - Suits experienced operators- Misc.- 1- includes all other business expenses such as bank charges, accounting fees, etc. - Good rent for the size which includes outgoings and water charges. - Nett profit shown is based on declared figures. Figures Weekly Sales $21875 Rent (ex GST) $2399 Wages $4621 Profit $3462 Agent SBX Code Number: TTQH1063D - SBX Business Brokers


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