Restaurant- Chinese Cuisine
Business Code: FN1296SM
$320,000
Enquire now+ Estimated Stock (SAV) $30,000
Key Features: Local customer base. - High profit margins. - Perfect location- Unique market position- Outstanding reputation- Top qualtiy setup- Spacious premises
State: NSW
Suburb: Upper North Shore
Location: Prime position in a shopping centre in the prestigious Upper North Shore, attracting both loyal locals and new customers.
Premises: This restaurant occupies an area of approximately 350 sq.m with a commercial kitchen and high-quality full fit-out.
Retirement
Sale Reason
Plenty of parking available at the shopping centre
Parking
1 owner + 6 full timers + 8 casuals
Employees
7 days - Lunch: Monday to Friday: 11 am to 3 pm. Saturday & Sunday: 10:30 am to 3 pm. Dinner: Monday to Sunday: 5 pm to 9 pm.
Trading Hours
5 years lease commenced July 2022. Bond ($94,317), CPI+2.5% increases per year
Lease
Chinese cuisine restaurant offering a truly exquisite dining experience. Known for its diverse menu and authentic flavours, it caters to all tastes with an extensive selection of Chinese dishes, including seafood specialties, daily Yum Cha, signature Peking duck, sang chow bow, meat dishes, vegetarian options, and specialty creations.- Fully equipped commercial kitchen with high-grade appliances, including a roast duck oven, live fish tanks, and a cool room, spacious dining area with 130 seats inside and 68 seats outside. - Fully licensed.
Features
Local customer base. - High profit margins. - Perfect location- Unique market position- Outstanding reputation- Top qualtiy setup- Spacious premises
Potential
Extend to sell BBQ products as takeaway -Introduce an afternoon tea set (2 pm–4 pm).-Launch a frozen foods line. -Add catering services - Promote corporate functions and parties
Comments
This well-established restaurant is ready for continued success under new ownership, with all the essentials in place to thrive in a competitive market.- Misc.- 1- other costs - Inspection recommended. - Please refrain from speaking to shop staff or disclosing the purpose of your visit when inspecting the business to maintain confidentiality and operational discretion.
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