Chinese Cuisine - Restaurant - Chinese - Asian Restaurant Peking Style Nett $8,745 P.w. Lwr Nth Shore -sydney

Business For Sale New South Wales

Business Category Restaurant

$150,000

Description

Chinese Cuisine - Restaurant - Chinese - Asian Restaurant Peking Style Nett $8,745 P.w. Lwr Nth Shore -sydney

Chinese Cuisine - Restaurant - Lower North Shore - Agent SBX Code Number: SM1487

Restaurant serving Chinese Peking style cuisine - Good sized commercial kitchen with walk in cool room. - Live seafood tank.- Excellent designed dining area is perfect for family, corporate or private events.- 80 seats. - Group level 50 seats approx. and upper level 30 seats. - Licenced.

Potential
Suit family or partnership operators. -Promote more Birthday & private functions.

Features
Very well established. - Loyal clientele. - Very stable business. - Solid and profitable.- Long term lease. - Low rent

Premises
This restaurant has an area of approx. 250 sq.mts. with near new excellent state of the art quality full fit out over two levels.

Location
Top location in a very busy shopping street with huge volume of pedestrians all day in Sydney Lower North Shore.

Trading Hours
6 days. Tuesday to Sunday 1130 am to 230 pm & 530 pm to 930 pm. Monday closed.

Lease
4 + 4 year lease commenced from July 2017 - Expires 15th July 2025. - 4% annual increases. - 3 months bank guarantee. New lease available for the new buyer.

Employees
2 owners + 2 full timers + 3 casuals.

Comments
A very profitable trading 6 days business. - All figures on the books will be shown in the meeting. - Misc.- 1 - allowance for general expenses with garbage clearance and water used.

Agent SBX Code Number: SM1487 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 641970
Broker REF: SM1487

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