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Chinese - Vietnamese Cuisine - Restaurant - Well Established

Location:Sydney, New South Wales

Category:Restaurant

Asking Price:$280,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Chinese - Vietnamese Cuisine  -  Restaurant - Well Established

Business description

Chinese - Vietnamese Cuisine - Restaurant - Western Suburbs - Agent SBX Code Number: SM1447

Restaurant serving Chinese & Vietnamese cuisine including rice, noodles, laksa, beef, chicken, pork, salads, juice, milk tea, soft drinks, smoothies, coffee etc. - Full kitchen. - 40 seats inside - 60 seats outside - Licenced - air conditioned. - Rent includes all outgoings and gas.

Potential
Upstairs has 1 toilet and can be set up as function room with 48 seats. - Currently used as storage.

Features
Easy to run. - Loyal local customers. - Well established - Long lease. - Professional attractive fitout

Premises
Very attractive shop with an area of 150 sq. mts.plus courtyard.

Location
Situated in very busy retail street in Sydneys Western Suburbs.

Trading Hours
7 days - Mon. - Sat. - 10 a.m. - 10 p.m. - Sun. - 10 a.m. - 4 p.m.

Lease
New 5 + 5 year lease commenced 1st July, 2017 - 4% increases - 6 month bond.

Employees
2 owners plus staff.

Comments
Misc. 2. - Council fees for outside seating + water rates - Owner owns coffee machine and grinder. - Vendor can stay up to 2 months to help the new purchaser. - Full training will be provided with recipes. - A must inspect.

Figures
Weekly Sales $22000
Rent (ex GST) $2330
Wages $4800
Profit $7500


Agent SBX Code Number: SM1447 - SBX Business Brokers

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