Internal Ref: M2188
Summary
SBX Code: M2188 - Long established for more than 30 years. Licensed. 90 seats. Short trading hours. Long lease. Great growing potential.
Rent
$1,650 pw
Net Profit
$4,690 pw
Location Details
Situated in small shopping village of North West residential area of Sydney.
Potential
Could open 7 days or trade 2 lunches on weekend. Expand home delivery through internet platforms. Could convert to different cuisine.
Hours
5 nights - Wednesday to Sunday 5 pm to 9 pm. Monday and Tuesday closed
Lease
The vendor is landlord. New 3 + 3 or 5 + 5 years lease available with 4% annual increases and 3
Employees
Two owners + 1 full timer + 3 casuals
About the Business
Chinese Restaurant -Takeaway -Asian Cuisine - North West Sydney
SBX Code: M2188
Restaurant serving authentic Asian & Chinese cuisine, specialising in Cantonese style dishes including popular sweet & sour chicken, sizzling beef, honey black pepper pork, king prawns and rice / chow mien and soup etc. Fully equipped commercial kitchen with cool room. Liquor licence 90 seats. Currently only open 5 nights p.w. with good turnover and profit.
Features
Long established for more than 30 years. Loyal customers. Well known to locals. Short trading hours, 5 dinners only. Long lease available. Great growing potential. Well priced.
Premises
Well presented Chinese style restaurant with an area of 232 m2 including downstairs 32 m2 store room.
Comments
Misc.- 1- Refers waste bill and water usage etc. - A long established and profitable family business. - Inspection is highly recommended. All figures can be reviewed on meeting.
SBX Code: M2188
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