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Cafe - Espresso - Takeaway - Alfresco - Profitable - Southern Sydney
Internal Ref: SM1487
Summary
SBX Code: SM1487 - Restaurant with 80 seats over 2 levels - Very well known - Long established with long lease. -Takings $29,000 p.w. Same original owner
Rent
$1,385 pw
Net Profit
$8,745 pw
Location Details
Top location in a very busy shopping street with huge volume of pedestrians all day in Sydney Lower North Shore.
Potential
Suit family or partnership operators. -Promote more Birthday & private functions.
Hours
6 days. Tuesday to Sunday 1130 am to 230 pm & 530 pm to 930 pm. Monday closed.
Lease
4 + 4 year lease commenced from July 2017 - Expires 15th July 2025. - 4% annual increases. - 3 month
Employees
2 owners + 2 full timers + 3 casuals.
About the Business
Chinese Cuisine - Restaurant - Lower North Shore
SBX Code: SM1487
Restaurant serving Chinese Peking style cuisine - Good sized commercial kitchen with walk in cool room. - Live seafood tank.- Excellent designed dining area is perfect for family, corporate or private events.- 80 seats. - Group level 50 seats approx. and upper level 30 seats. - Licenced.
Features
Very well established. - Loyal clientele. - Very stable business. - Solid and profitable.- Long term lease. - Low rent
Premises
This restaurant has an area of approx. 250 sq.mts. with near new excellent state of the art quality full fit out over two levels.
Comments
A very profitable trading 6 days business. - All figures on the books will be shown in the meeting. - Misc.- 1 - allowance for general expenses with garbage clearance and water used.
SBX Code: SM1487
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