Internal Ref: M2203
Summary
SBX Code: M2203 - Located in Sydney North West shopping centre. Well known to locals. Great food with high margins. Well priced. Quick capital return.
Rent
$3,066 pw
Net Profit
$3,670 pw
Location Details
Prime location in major North West shopping centre.
Potential
A hands on full time owner operator could save on wages and make more profit. Promote on social media to boost sales. Could apply for liquor license. - Could change to other Asian cuisine
Hours
7 days - Monday to Friday 1130 am to 230 pm and 5 pm to 930 pm. Saturday and Sunday till 10 pm.
Lease
5 years lease commenced September 2022. - 4% annual rental increases. - 3 months bond.
Employees
One owner ( casual work in the business ) + 2 chefs, 2 kitchen hands and 2-3 casuals
About the Business
Restaurant-Chinese Cuisine-Takeaway-Under Semi Management - North West Sydney
SBX Code: M2203
Restaurant serving Chinese cuisine. The menu includes entrees, soup, laksa, king prawns, seafood, beef, chicken, pork, vegetarian and noodles etc. All food is prepared fresh and tastes delicious. Well known within the local community for great traditional food and service. Also does home delivery (dinner only ) by minimum order $50 with selected areas only. 10% surcharge applies on public holidays. Full kitchen. 80 seats inside. BYO.
Features
Good location. Regular customers. Well known to locals. Great food with high margins. Well priced. Quick capital return.
Premises
Well presented and modern designed shop with an area of approx. 160 m2.
Comments
The rent includes GST. - Misc.- 1-Refers Uber delivery commission and other general business expenses. This is a great and profitable business. Keen vendor. Bargain offer for quick sale. A must to inspect.
SBX Code: M2203
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