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Chinese Cuisine - Restaurant - Takeaway - Under Management - Restaurant - Chinese - Dumpling - South Sydney Area - Profit $3580 p.w. - M2060
Chinese Cuisine - Restaurant - Takeaway - Under Management - South Sydney - Agent SBX Code Number: M2060
Restaurant serving Chinese cuisine and specialising in serving handmade dumplings- with flavor of pork, beef, chicken, lamb, seafood and vegetarian etc, - Also sells wonton soup, chilly noodles, jelly fish and spicy beef dishes.- Full commercial kitchen with cool room and walk in freezer. - 40 seats inside.
Potential
This young business has great potential to grow. - Could add more products. - Extend home delivery through internet ordering website. - ideal family business. - Suit owner operator to reduce wages and boost sales.
Features
Perfect location. - Low rent for the shop size. - Very low food cost. - High margins. - Under management.
Premises
Newly renovated shop with an area of approx. 120 m2 plus approx. 150 m2 warehouse area at back which has not been used yet.
Location
Prime street front location in very busy shopping street of South Sydney.
Trading Hours
7 days - 11 a.m.- 930 p.m.
Lease
3 + 3 year lease commenced Dec. 2018. - 3% increases. - 3 months bond.
Employees
Under management - 1 Manager + 3 staff
Comments
The profit shown is based on one owner working in the business and the Managers wage of $1450 has been removed and added to nett profit. - The large warehouse at the back opposite the council parking area can be set up as an Asian supermarket or fruit market if desired with one shop paying same rent for two businesses. - Great opportunity. - A must to inspect.
Figures
Weekly Sales $12000
Rent (ex GST) $1528
Wages $2940
Profit $3580
Agent SBX Code Number: M2060 - SBX Business Brokers
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