Restaurant - Chinese Cuisine - Restaurant -Chinese Cuisine-Family run netting over $12,000 p.w. -Inner West - W1898

Restaurant - Chinese Cuisine - Restaurant -Chinese Cuisine-Family run netting over $12,000 p.w. -Inner West - W1898

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Location Details :

Country

Australia

State

New South Wales

City

--


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Restaurant - Chinese Cuisine - Inner West - Agent SBX Code Number: W1898

Restaurant serving Chinese cuisine - Lunch specials include sweet and sour pork, chilli garlic chicken, black bean sauce noodles, fried prawns in sweet and spicy sauce, stir fried meat, spicy seafood noodle soup, mild vegetable noodle soup, etc - 25 tasty dishes - 24 seats inside - 40 seats outside - Full commercial kitchen including fridges, freezers, gas cooker etc. Liquor license until 1100 p.m.

Potential
Experienced owner couple or partner could expect the same high net profit. Very low food costs. Spacious area for more tables and chairs in and outside. - Can be changed to cafe or other food cuisine such as Thai, Korean, Japanese etc.

Features
Excellent shop fittings and near new high quality kitchen equipment. A good size restaurant on main eatery road. . Shop front bright glass wall.

Premises
This beautiful near new shop has an areaof 150 sq. mts.

Location
Situated in cafe, restaurant strip close to shopping centre in Inner West.

Trading Hours
Open 6 days - Monday to Saturday 1000 am to 930 pm. Closed Sunday.

Lease
Current lease expires February 2028 - 4% rent increases - 3 months bond.

Employees
Family business ( Father, mother, daughter and son)

Figures
Weekly Sales $21000
Rent (ex GST) $2975
Wages $0
Profit $12569


Agent SBX Code Number: W1898 - SBX Business Brokers

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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.

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