Summary
An exceptional opportunity to acquire a well-known and profitable Chinese restaurant located in the bustling heart of Burwood.
Revenue
$16,300 pw
Rent
$3,000 pw
Location Details
Situated in a vibrant shopping precinct, just moments from Burwood Station, this restaurant benefits from immense foot traffic and a loyal clientele.
Potential
•Expand the menu to include new dishes or a dedicated lunch special to attract more daytime customers.
•Develop a stronger online presence through social media marketing and partnerships with food delivery platforms.
•Introduce a customer loyalty program to further engage the existing customer base.
•Explore catering opportunities for local businesses and events.
Lease
5+5+5 Years lease from October 2022; 4% fixed rent increase;
About the Business
FOR SALE: Profitable & Established Chinese Restaurant in the Heart of Burwood
An exceptional opportunity to acquire a well-known and profitable Chinese restaurant located in the bustling heart of Burwood. With a strong reputation, consistent turnover, and a prime location, this business is a turnkey operation perfect for an experienced operator or a passionate new owner.
Situated in a vibrant shopping precinct, just moments from Burwood Station, this restaurant benefits from immense foot traffic and a loyal clientele. With an annual turnover of approximately $850,000 and strong profitability, this is a secure and rewarding investment in one of Sydney's most dynamic food hubs.
Revenue
$16,300+ pw (approx.)
Rent
$3,000 pw (inc. GST & Outgoings)
Lease
5+5+5 Years lease from October 2022; 4% fixed rent increase;
Hours
Open 7 days (Closed Wednesday), 11:30am - 10pm
【Business Highlights】
•Strong, Consistent Turnover: Generating approximately $850,000 in annual sales with a clear and profitable business model.
•Prime Burwood Location: Strategically located in Unity Plaza, a high-traffic precinct with constant exposure to shoppers and commuters.
•Proven Profitability: Delivering strong and consistent net profit margins after all expenses.
•**Established Reputation: This restaurant is a well-regarded name in the Burwood area, known for its quality and authentic cuisine.
•Turnkey Operation: The business is fully equipped and operational, allowing for a smooth and immediate takeover.
•High-Density Area: Burwood is a major commercial and residential hub, providing a large and diverse customer base.
【About the Business】
This restaurant has established itself as a go-to destination for authentic Chinese cuisine in Burwood. The business operates with a well-defined cost structure, including food costs at 30%, labor at 35%, and rent at a competitive 18.4% of turnover. This financial clarity and stability make it an attractive proposition for any serious buyer. The restaurant's prime position ensures it captures a steady stream of customers throughout the day and evening, from local residents and office workers to visitors exploring Burwood's famous food scene.
For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405 888 800.
【Disclaimer: 】The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice
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