Restaurant - Chinese Cuisine - Restaurant Serving Chinese Cuisine - Sales $22k P.w. - Nets $5k P.w.

Business For Sale Waterloo, New South Wales 2017

Business Category Restaurant



Restaurant - Chinese Cuisine - Restaurant Serving Chinese Cuisine - Sales $22k P.w. - Nets $5k P.w.

Restaurant - Chinese Cuisine - City Fringe - Agent SBX Code Number: G1790

Restaurant serving Chinese cuisine - Cumin and Chilli-Spiced Skewers. Well known for the Xinjiang-style lamb and beef skewers fired over hot coals There are also pippies with XO, lobster and a Sichuan-style grilled barramundi hotpot with tofu and lotus root. Pair it all with jugs of Asahi or Chinese beer. Full kitchen & walk in cool room - 35 seats inside - 25 outside.

New owner operator could increase sales & reduce wages to increase profits. - A new owner could operate with a different cuisine. - Could change opening hours.

Very busy area with lots of International students. Well established business - No competition for late night dining. - Great fit out. - Large well equipped kitchen.

This restaurant has an area of 138 sq. mts, of which more than 40 sq. mts. is the kitchen and the rest is divided into two parts the inner and outer dining areas with a very good ambiance.

Well located in City fringe with multiple high density residential apartments and is an international student area. Prime location on the main street.

Trading Hours
7 days - 2 pm to 2 am.

5 year + 5 year lease expires 2031. - 3 month bond. - 3% annual Increases.

1 owner (part time) + 4 casuals (as required)

Please NOTE that the name of the business is not included in the sale of this business as the owner has 2 other outlets. - Misc.- 1 - GST and other expenses.

Agent SBX Code Number: G1790 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 642656
Broker REF: G1790

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