Chinese restaurant for sale

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Summary

Fantastic opportunity to secure a well-established business in a prime location close to a local shopping centre, Coles, Aldi, and Kmart

Rent

$78,000 pa

Net Profit

$800,000 pa

Location Details

Close the local shopping centre

Hours

Sunday, Monday, Wednesday 4:30-9 pm
Thursday--Saturday 11:30-2:30; 4:30-9pm

Lease

5+5+5

Employees

kitchen 3-4p, front 4-5p

Reason for Sale

The owner is preparing to retire.

About the Business

• Rent $78,000 per year, no outgoing; talent pays all bills.
• Sales $13,000--$21,000 per week ;
• long lease 5+5+5
• Shop area: 189sqm
• Full licence
• Easy parking for customers
• 3 air conditioners
• walk-in cool room and freezer
• 2 new wok; 2 new fryer
• new coolroom and freezer motors
Sale price $168,000 + stock

History

This restaurant has more than 30 years of history in this local area. There are a lot of regular customers.

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