Internal Ref: FN1296
Summary
SBX Code: FN1296 - Restaurant - Chinese - Nets $5,400 pw - Prime shopping centre location - Very profitable. - Licensed - Spacious seating capacity.
Rent
$7,100 pw
Net Profit
$5,400 pw
Location Details
Prime position in a shopping centre in the prestigious Upper North Shore, attracting both loyal locals and new customers.
Potential
Extend to sell BBQ products as takeaway -Introduce an afternoon tea set (2 pm4 pm).-Launch a frozen foods line. -Add catering services - Promote corporate functions and parties
Hours
7 days - Lunch Monday to Friday 11 am to 3 pm. Saturday & Sunday 1030 am to 3 pm.Dinner Monday t
Lease
5 years lease commenced July 2022. Bond ($94,317), CPI+2.5% increases per year
Employees
1 owner + 6 full timers + 8 casuals
About the Business
Restaurant- Chinese Cuisine - Upper North Shore
SBX Code: FN1296
Chinese cuisine restaurant offering a truly exquisite dining experience. Known for its diverse menu and authentic flavours, it caters to all tastes with an extensive selection of Chinese dishes, including seafood specialties, daily Yum Cha, signature Peking duck, sang chow bow, meat dishes, vegetarian options, and specialty creations.- Fully equipped commercial kitchen with high-grade appliances, including a roast duck oven, live fish tanks, and a cool room, spacious dining area with 130 seats inside and 68 seats outside. - Fully licensed.
Features
Local customer base. - High profit margins. - Perfect location- Unique market position- Outstanding reputation- Top qualtiy setup- Spacious premises
Premises
This restaurant occupies an area of approximately 350 sq.m with a commercial kitchen and high-quality full fit-out.
Comments
This well-established restaurant is ready for continued success under new ownership, with all the essentials in place to thrive in a competitive market.- Misc.- 1- other costs - Inspection recommended. - Please refrain from speaking to shop staff or disclosing the purpose of your visit when inspecting the business to maintain confidentiality and operational discretion.
SBX Code: FN1296
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