Chinese Cuisine - Restaurant - Sales $23,000 pw - Chinese Cuisine -Wollongong Illawarra NSW - Profit $8,213 pw - SM1247

Chinese Cuisine - Restaurant - Sales $23,000 pw - Chinese Cuisine -Wollongong Illawarra NSW - Profit $8,213 pw - SM1247

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Vincentia


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Chinese Cuisine - Restaurant - South Coast - Agent SBX Code Number: SM1247

Restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in cool room. - Full kitchen. - Licenced

Potential
Could add live seafood. - Suit owner operator or investor. - Do promotions to develop home delivery..

Features
Excellent street front location with ample parking. - Very profitable. - Low rent.

Premises
This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.

Location
Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.

Trading Hours
7 days - 1130 a.m. - 1030 p.m.

Lease
New 7 year lease from March. 2019. - 3% C.P.I. increases. - 3 months bond.

Employees
2 owners + 2 fulltimers + casuals

Comments
Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc.

Figures
Weekly Sales $23000
Rent (ex GST) $1400
Wages $4500
Profit $8213


Agent SBX Code Number: SM1247 - SBX Business Brokers

profile
default

 

SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

View other listings by this business

$320,000

Enquire about this business

Get In Touch :

Buying Advice :

Similar Listings

Seller

New South Wales,Australia

0 Views

Join everyone’s favourite Vietnamese family serving the best rice paper rolls in town as the next owner of Roll’d - Maroubra!

REVENUE

Contact Advertiser

PROFIT

$0

ASKING PRICE

Contact Advertiser

ONGOING DEALS

0

Seller

Boulangerie de France Franchise Opportunities - New South Wales

New South Wales,Australia

0 Views

Own an amazing French-inspired café with a modern twist!

REVENUE

$0

PROFIT

$0

ASKING PRICE

$495000

ONGOING DEALS

0

Seller

Welcome to LeWrap - A Franchise You Can Be Proud Of! Looking For New Franchisees

New South Wales,Australia

0 Views

LeWrap: Freshness Emphasised, Simple System, Versatile Locations. 

REVENUE

Contact Advertiser

PROFIT

$0

ASKING PRICE

Contact Advertiser

ONGOING DEALS

0