Chinese Cuisine – Restaurant
Business Code: SM1247
$188,000
Enquire now+ Estimated Stock (SAV) $40,000
Key Features: Excellent street front location with ample parking. - Very profitable. - Low rent.
State: NSW
Suburb: Vincentia
Location: Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.
Premises: This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.
Moving back to Sydney.
Sale Reason
1986
Established
Shopping centre parking.
Parking
2 owners + 2 fulltimers + casuals
Employees
7 days - 11:30 a.m. - 10:30 p.m.
Trading Hours
7 year lease expires March. 2027. - 3% C.P.I. increases. - 3 months bond.
Lease
Restaurant serving Chinese cuisine, chicken, beef, soup, liquor and soft drinks etc. - Full kitchen - Large dining area with 120 seats. - walk-in cool room. - Full kitchen. - Licenced
Features
Excellent street front location with ample parking. - Very profitable. - Low rent.
Potential
Could add live seafood. -Suit owner operator or investor. - Do promotions to develop home delivery..
Comments
Very profitable. Rent includes all outgoings and water. -Misc. -1 - Admin, Accountant, repairs etc. This business can do employer sponsorship for the staff.
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