Takeaway - Chinese Cuisine - M2260

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$80,000

Description

Takeaway serving authentic flavours of Northern Chinese hot food with various selection of buffet package meals. Full commercail kitchen with cool room. Large display hot food bar. 35 seats. - trading 5 lunches per week only.

Potential

Promote marketing. Ideal for family business. Could add different flavours of Chinese/Asian food. Could open 7 days - Add catering services.

Features

Perfect location in premier Sydney CBD retail precinct. - Short trading hours only open 5 lunches. - Low rent and high income. - Very cheap price for quick sale. Fast capital return.

Premises

Well presented takeaway shop with an area approx. 45 m2 plus exclusive seating area.

Location

Prime location in a newly refreshed food court of Sydney's Pitt St. CBD centre.

Trading Hours

5 days - 10:30 am to 2:30 pm.

Lease

5 years sub lease from February 2025. - 5% annual increases. - 3 months bond.-Bank guarantee $20287 to the landlord.

Employees

Two owners plus 2 kitchen hands and 2 counter takeaway servers.

Comments

Misc.- 1-bank fees. A high profit and low sale price business on the market which is rare to find All inspections must be through SBX Business Brokers to get business name and address and all interested buyers agree do not speak to anyone when visiting the business premises.

SBX ID

M2260

Figures
  • Takings: $15000/week (GST)
  • Cost of Goods: $5000
  • Gross Profit: $10000
  • Rent: $1560
  • Wages: $3000
  • Telephone: $20
  • Insurance: $50
  • Electricity: $250
  • Gas: $120
  • Misc 1: $140
  • Total Expenses: $5140
  • Nett Profit: $4860
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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