Restaurant – Chinese Cuisine

For Sale

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Inner West

Business Code: W1898

$129,000.00
+ Estimated Stock (SAV) $4000
Key Features: Excellent shop fittings and near new high quality kitchen equipment. A good size restaurant on main eatery road. . Shop front bright glass wall.
State: NSW
Suburb: Strathfield
Location: Situated in cafe, restaurant strip close to shopping centre in Inner West.
Premises: This beautiful near new shop has an area of 150 sq. mts.
Price not disclosed

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Parents Resident Visa problem

Sale Reason

1 yr

Established

3 car spaces

Parking

Family business ( Father, mother, daughter and son)

Employees

Open 6 days - Monday to Saturday: 10:00 am to 9:30 pm. Closed Sunday.

Trading Hours

Current lease expires February 2028 - 4% rent increases - 3 months bond.

Lease

Restaurant serving Chinese cuisine – Lunch specials include sweet and sour pork, chilli garlic chicken, black bean sauce noodles, fried prawns in sweet and spicy sauce, stir fried meat, spicy seafood noodle soup, mild vegetable noodle soup, etc – 25 tasty dishes – 24 seats inside – 40 seats outside – Full commercial kitchen including fridges, freezers, gas cooker etc. Liquor license until 11:00 p.m.

Features

Excellent shop fittings and near new high quality kitchen equipment. A good size restaurant on main eatery road. . Shop front bright glass wall.

Potential

Experienced owner couple or partner could expect the same high net profit. Very low food costs. Spacious area for more tables and chairs in and outside. - Can be changed to cafe or other food cuisine such as Thai, Korean, Japanese etc.

Comments

n/a

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$21000
Cost of Goods
$5000
Gross Profit
$16000
Rent
$2975
Electricity
$269
Misc 1
$44
Total Expenses
$3431
Estimated Stock
(Additional)
$4000
Net Profit
$12569
Price
$129,000.00
+ Estimated Stock (SAV) $4000

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