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Restaurants For Sale in Sydney NSW

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Chinese Restaurant - Asian Cuisine - Top Class Presentation

Location:Sydney, New South Wales

Category:Restaurant

Asking Price:$150,000

150000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Chinese Restaurant -  Asian Cuisine - Top Class Presentation

Business description

Chinese Restaurant - Asian Cuisine - North West Sydney - Agent SBX Code Number: M2068

Restaurant serving popular Chinese Sichuan cuisine. -( temporarily closed due to partnership problems) - It is the first Chinese restaurant with a music stage and invited singers who perform at dinner time. - The business cost $600k to set up. - High class wine bar. - 160 styled and comfortable seats. - Large and fully equipped kitchen - 2 special VIP rooms. - Elegant dining atmosphere.

Potential
Huge potential for an experienced owner operator to build up the business to a high level. - Do more marketing - Improve menu. - Could change to different cuisine.

Features
Very cheap rent. - Large premises - Excellent fit out - . Great potential. - Well priced.

Premises
Top class presentation and unique designed shop with an area of approx. 400 m2 over 2 levels.

Location
Situated in main shopping street in North West suburb.

Trading Hours
7 days. - Mon. - Fri. - 5 p.m.- 12 a.m. - Sat. - Sun. - 11 a.m.- 230 p.m. then 5 p.m.- 12 a.m.

Lease
New lease available to discuss with landlord.

Employees
One owner ( Manager ) + chef & kitchen team + table servers (total 8-9 staff)

Comments
The current owner has no food experience background and pays high wages to run the business. - Urgent sale- the price can be negotiated. - Not being sold on figures - The shop is temporarily closed due to business partnership problems. A must to inspect.

Figures
Weekly Sales $18000
Rent (ex GST) $1833
Wages $8000
Profit $3060


Agent SBX Code Number: M2068 - SBX Business Brokers

Other Information

    Sbx Business Brokers
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