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Cafe - Restaurant - Chinese Cuisine - Chinese Restaurant - Sales $40,000 Pw - Under Semi Management - South Syd Nsw - Profit $10500 P.W For Sale

Sydney, New South Wales, Australia
Asking Price:
$628,000 (AUD)
Sales Revenue:
$2,080,000 (AUD)
Cash Flow:
$546,000 (AUD)

Restaurant - cafe serving Hong Kong style Chinese cuisine including noodles, rice, coffee, milk tea, drinks etc. - Full kitchen with cool room. - 130 seats.

Potential
Suit experienced operators or investors. -Improve social media presence. - Growth area.

Features
Great location. - Well known by locals. - Under semi -- management. - Low rent. - No competition. - Solid income. - First time on the market.

Premises
Well presented with an area of approx. 350m2 over two levels plus 40 sq.mt. store area and office.

Location
Situated in very busy foot traffic shopping street of suburb in South Sydney area.

Trading Hours
7 days - Mon. - Fri. - 10 a.m.- 10 p.m. - Sat. - Sun. - 9 a.m.- 10 p.m.

Lease
3 + 3 year lease commenced June,2015. - 4% annual increases - . 3 month bond. - New 3 + 3 or 5 + 5 year lease lease should be offered.

Employees
Owner (works 5 days) + 17 - 20 staff.

Comments

Property Information

Location:

Situated in very busy foot traffic shopping street of suburb in South Sydney area.

Business Operation

Expansion Potential:

Suit experienced operators or investors. -Improve social media presence. - Growth area.

Trading hours:

7 days - Mon. - Fri. - 10 a.m.- 10 p.m. - Sat. - Sun. - 9 a.m.- 10 p.m.

Employees:
Owner (works 5 days) + 17 - 20 staff.
Years established:
1996

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