Description
General Description
Restaurant serving Chinese cuisine such as dim sim entrees, stir fry, fried rice / noodles, seafood dishes, variety of soups, roast peking duck omelettes, beancurds etc. – Full kitchen. – Sizeable takeaway and delivery business. – Currently partnered with Menulog.com.au and online sales accounts for 10% of turnover. – 80 seats inside.
Potential
Partner with other online service such as Uber Eats and push online sales. – Refresh menu with more exciting cuisine
Features
Loyal local customers – Established over 50 years – Limited competition – Sizeable takeaway and home delivery sales
Premises
Heritage Chinese restaurant of approx. 250 sq.mts.
Location
Prime location near busy street intersection and chic retail precinct in Eastern Suburbs.
Suburb
Double Bay (Hidden)
Trading Hours
7 days – Mon. – Sun. – 12:00 noon – 3:00 p.m. – 5:00 p.m.- 10:00 p.m.
Lease
Vendor is the landlord. – New lease available to suit new approved purchaser.
Sale Reason
Retirement
Employees
2 owners + 2 fulltimers + 3 casuals
Comments
Misc.- 1 refers to approx GST & tax payments. – Misc. – 2 – refers to rubbish, merchant facility and other costs. – Genuine opportunity for an energetic operator to expand this business as current owners wish to retire.Vendor can also prove turnover with Menulog records and credit card merchant facility statements.
| Figure Display Type | Regular |
| Weekly Takings | $16,000 |
| Cost of Goods | $4,800 |
| Gross Profit | $11,200 |
| Rent | $2,500 |
| Outgoings | $ |
| Wages | $3,800 |
| Telephone | $20 |
| Insurance | $50 |
| Electricity | $200 |
| Gas | $200 |
| Misc 1 | $600 |
| Misc 2 | $250 |
| Total Expenses | $7,620 |
| Nett Profit | $3,580 |
| Price | $140,000 |
| Estimated Stock | $ |
| (Additional) | |
| Equipment | $ |
| (Included) | |
| Residence | 0 |
| Premium | no |
| Undisclosed | no |
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