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Restaurant - Chinese Cuisine - Great Opportunity

Location:Brisbane, Queensland

Category:Restaurant

Asking Price:$30,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Restaurant -  Chinese Cuisine - Great Opportunity

Business description

Restaurant - Chinese Cuisine - Brisbane City Fringe - Agent SBX Code Number: TTQK1049

Restaurant serving Traditional Chinese cuisine with Modern Australian fusion including pork, chicken, beef, lamb, seafood and vegetarian dishes. - In house dining with liquor license and also take outs - Full commercial kitchen, exhaust canopy and grease trap. Walk in cool room and chest freezer. - New POS system and security camera system in place. - 40 seats inside - 40 seats outside - Not being sold on figures and well below the fitout cost.

Potential
New menu with experienced chef and front house staff will increase sales - Already seeing increases with food delivery options.

Features
Very prime location with great setup. - Full commercial kitchen - Huge potential for experienced operator.

Premises
This business has an area of 178 m2.

Location
Prime location in Brisbane City Fringe next to a luxury hotel in a shopping complex.

Trading Hours
7 days - Mon. - Fri. - 1130 a.m.- 230 p.m. - 5 p.m.- 9 p.m. - Friday night closes at 930 p.m. - Sat. - Sun. - 5 p.m.- 9 p.m.

Lease
Current lease expires March, 2023 + 5 + 5 year options - 4% C.P.I.fixed reviews. - Bond 6 months.

Employees
1 full time chef + 1 full time manager + 2 casuals

Comments
This is an under-performing business that requires experienced operator to take over the lease - Great prime location next to high end hotel, car yards, commercial offices, local shoppers and residents. - Owner is an overseas investor who is not involved in managing the business, current chef & manager are relocating interstate. - Price is still negotiable for quick sale - call for inspection.

Figures
Weekly Sales $0
Rent (ex GST) $2500
Wages $0
Profit $0


Agent SBX Code Number: TTQK1049 - SBX Business Brokers

Other Information

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