Eastern Sea Chinese Restaurant 

$120,000.00 Tax includes

Coogee

SKU: FQ1093 Categories: , ,

Description

General Description
Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, soup noodles, BBQ meat and crispy skin chicken. – Full kitchen. – Sizeable takeaway and delivery business. – 50 seats inside.

Potential
Apply for liquor licence – Open for lunch – Partner with Menulog, UberEats & other delivery services – Would suit 2 owner operators or family

Features
Under management – Loyal local customers -Established since 1960 – Limited competition – Sizeable takeaway and home delivery sales –

Premises
Modern and recently refurbished premises with an area of 180 sq.mts.

Location
Prime location near busy street and beach in Eastern Suburbs.

Suburb
Coogee (Hidden)

Trading Hours
7 days – Mon. – Sun. – 5:00 p.m. – 11:00 p.m.

Lease
Vendor is the landlord. New lease available to suit new approved purchaser

Sale Reason
Too busy with other business interests and family commitments.

Employees
1 Manager + 2 fulltimers + 5 casuals

Comments
Misc.- 1 – refers to rubbish, merchant facility and other costs. – Misc.- 2- refers to GST & tax payments. Vendor may consider payment by instalment on the purchase price for the right buyer. – 2 bedroom unit above the restaurant is also available for rent.

 

Figure Display Type Regular
Weekly Takings $16,000
Cost of Goods $4,800
Gross Profit $11,200
Rent $3,000
Outgoings $
Wages $3,500
Telephone $30
Insurance $40
Electricity $200
Gas $200
Misc 1 $100
Misc 2 $400
Total Expenses $7,476
Nett Profit $3,724
Price $120,000
Estimated Stock $10000
(Additional)
Equipment $
(Included)
Residence 0
Premium no
Undisclosed no

 

 

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