Restaurant-Chinese Cuisine-Takeaway-Under Semi Management - M2203

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$350,000

Description

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.

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.

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.

Location

Prime location in major North West shopping centre.

Trading Hours

7 days - Monday to Friday: 11:30 am to 2:30 pm and 5 pm to 9:30 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 ) + 3 chefs, 3 kitchen hands and 5-6 casuals

Comments

The rent includes GST. - Misc.- 1-Refers to bank fees and other general business expenses. This is a great and profitable business. Keen vendor. Bargain offer for quick sale. A must to inspect.

SBX ID

M2203

Figures
  • Takings: $28000/week (GST)
  • Cost of Goods: $7500
  • Gross Profit: $20500
  • Rent: $3066
  • Wages: $6800
  • Outgoings: $374
  • Telephone: $20
  • Insurance: $90
  • Electricity: $450
  • Gas: $330
  • Misc 1: $200
  • Total Expenses: $11330
  • Nett Profit: $9170
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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