Description

Currently operating as a Hotpot restaurant, this business is situated in a two-storied factory-style premises (approx. 500 sq.mts) in Sydneys Inner West. The property is fully equipped with outstanding facilities, including:extra-large commercial kitchen with industrial exhaust hood, oversized gas wok system with 5 large cook pots, large cool room and ample storage areas, upstairs office space and 3 rooms (suitable for staff residence or extended office use). The set-up is highly versatile, providing not only restaurant capacity but also the perfect infrastructure for central kitchen use, catering services, and supply to travel agencies, group dining operators, supermarkets, and grocery shops.- 120 seats inside.

Potential

Expand menu to include Chinese, Thai, and other Asian cuisines.-Supply to supermarkets, grocery stores, and wholesale buyers.-Ideal for operators seeking to establish a central kitchen or catering hub.-Currently underutilised due to family health reasons, offering significant growth potential for new owner.

Features

Very spacious premises with excellent kitchen and storage facilities.- Big cool room and industrial-scale cooking systems.-Upstairs with 3 rooms, kitchen, and restroom - Low rent for size and location.

Premises

Two storied factory with a total area of 500 sq. mts. having a big kitchen, cool room and storage.

Location

Situated in busy industrial area in Sydneys Inner West

Trading Hours

Currently trading weekends - Saturday & Sunday 5 pm - 10 pm. - Limited hours due to vendors family health circumstances.

Lease

New 5 yrs lease + 5 yrs option - Rent increases by 4% per year - Bond 3 months.

Employees

1 owner + 3 casuals

Comments

Rent $12,000 p/m + outgoing + GST, Lease term and rent are negotiable. The sale is not based on financial figures, with an estimated set-up cost of approx. $600,000. Staff are not aware of the sale. Motivated vendor. Inspections strictly by appointment through your agent.

SBX ID

FN1322