Xkr20221011- Restaurant - Asian Cuisine - Lake Macquarie - 5 Days Dinner Only -sales $10,000 P.w.

Business For Sale Rathmines, New South Wales 2283

Business Category Restaurant Takeaway Food

$208,000 + SAV

Description

Xkr20221011- Restaurant - Asian Cuisine - Lake Macquarie - 5 Days Dinner Only -sales $10,000 P.w.

Overview:
Restaurant - takeaway offering a popular menu featuring tasty Asian meals - Specialising in authentic Cantonese dishes - the wide-ranging menu is based on using only the best and freshest ingredients available - House-made sauces and condiments are readily available - Opened for almost 30years - large customers base and strong local support - 5 days business - currently only operates dinner - Suitable for family buyer - low rent - easy operations.

Summary:
* Features: Strong local support - Excellent location - Top meal reviews - Well priced and popular menu
* Potential: Obtain liquor license - Join the takeaway platform.
* Premises: Well organised with fully set up kitchen, 70m2. Plenty of parking spaces.
* Trading Hours: 5 days - Wed. -Sun. Dinner - 5.00 p.m. - 8.30 p.m.
* Lease: Current lease expires April. 2022, 5 years option, Increases 4% - New lease will be available.
* Employees: 1 owner + 5-6 casuals.
* Sale Reason: Retirement.
* Comments: Figures updated to detail current Covid 19 impact on trading. Net profit $6,400 per week. Low risk and high return. Only one and half hours driving to Sydney.

Weekly figures:
Weekly sales: $10,000
Cost of goods: $2,500
Labour cost: $900
Rent $454+GST
Net profit $5,818
Contact Seller
Onwardbull Investments Admin
  • Onwardbull Investments Admin

Bsale ID: 568494

LF Investment Partners
Make Enquiry

Thank you, your enquiry has been sent now.