Internal Ref: SM1247
Summary
SBX Code: SM1247 - Restaurant - Chinese - Profit $6,210 pw - Excellent street front location with ample parking. - Very profitable. - Low rent. - Licensed - 120 seats .
Rent
$1,500 pw
Net Profit
$6,210 pw
Location Details
Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.
Potential
Could add live seafood. -Suit owner operator or investor. - Do promotions to develop home delivery..
Hours
7 days - 1130 a.m. - 1030 p.m.
Lease
7 year lease expires March. 2026. - 3% C.P.I. increases. - 3 months bond.
Employees
2 owners + 2 fulltimers + casuals
About the Business
Chinese Cuisine - Restaurant - South Coast
SBX Code: SM1247
Restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in cool room. - Full kitchen. - Licenced
Features
Excellent street front location with ample parking. - Very profitable. - Low rent.
Premises
This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.
Comments
Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc. This business can do employer sponsorship for the staff.
SBX Code: SM1247
SBX Business Brokers
Connect with us