Dumplings-Asian Food-Takeaway-Under Management - Takeaway - Dumplings- Under Management-Net $5460 p.w.-North West shopping centre - M2201
Dumplings-Asian Food-Takeaway-Under Management - Takeaway - Dumplings- Under Management-Net $5460 p.w.-North West shopping centre - M2201
Industry :
Food/HospitalitySub Industry :
Takeaway FoodDumplings-Asian Food-Takeaway-Under Management - North West Sydney - Agent SBX Code Number: M2201
Takeaway serving a wide selection of Asian food, mainly hand made dumplings such as steamed pork or chicken dumplings, pan-fried pork dumplings and steamed or fried pork buns. Also selling stir fry cashew chicken, honey chicken, sweet and sour pork etc. hot food. Low food cost and high margins.
Potential
A hand over owner full time working in the business could boost sales and make more profit. Promote marketing. Extend home delivery.
Features
Busy food court location. New 5 years lease. High gross profit. 60% sales are dumpling products. The business is run by staff. Well priced to sell.
Premises
Well presented takeaway shop with an area of 62 m2 includes commercial kitchen.
Location
Busy foot traffic location in food court of North West major shopping centre.
Trading Hours
7 days - Monday, Tuesday, Wednesday & Sunday 9 am to 6 pm. Thursday 9 am to 9 pm. Friday & Saturday 9 am to 730 pm.
Lease
New 5 years lease commenced 24th August 2023. - 5% increases. - 3 months bond.
Employees
One owner ( casual working when staff leave) plus one chef and 3-4 staff.
Comments
A good business in good location. Suits an owner operator or an investor alike. A must to inspect.
Figures
Weekly Sales $18000
Rent (ex GST) $3461
Wages $4400
Profit $5460
Agent SBX Code Number: M2201 - SBX Business Brokers
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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
$250,000
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Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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