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Restaurant - Chinese Seafood Cuisine - Under Management. - Profitable For Sale

Sydney, New South Wales
Asking Price:
$1,300,000 (AUD)
Sales Revenue:
$5,980,000 (AUD)
Cash Flow:
$814,216 (AUD)

Restaurant serving seafood and Chinese cuisine including yum cha at lunch & seafood mains, desserts etc.for dinner.- Full sized commercial kitchen with walk in cool room .-Seafood tank.- Excellent designed dining area is perfect for family, corporate or private events.- 260 seats. - Licenced

Potential
Promote more weddings & private functions.-Could do more promotion to increase even higher sales.

Features
Well established - High sales turnover weekly.- New lease - Excellent fit out.

Premises
Large premises with an area of 600 sq. mts.

Location
Situated in very busy shopping strip in Sydney Inner West close to train station.

Trading Hours
7 days - Mon. - Sun. - 1000 a.m.- 300 p.m. - 500 p.m.- 1000 p.m.

Lease
New 3 + 3 year lease is available to approved buyer.- 5% -.-.-. rent increases.- 3 month bond.

Employees
One Manager + 13 fulltimers + 27 casuals.

Comments

Property information

Location:

Situated in very busy shopping strip in Sydney Inner West close to train station.

Business Operation

Expansion Potential:

Promote more weddings & private functions.-Could do more promotion to increase even higher sales.

Trading hours:

7 days - Mon. - Sun. - 1000 a.m.- 300 p.m. - 500 p.m.- 1000 p.m.

Employees:
One Manager + 13 fulltimers + 27 casuals.
Years established:
Many years

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