Industry:
Food and Hospitality
Business Address:
Wollongong Illawarra area, NSW, N/A, Australia
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Click on pics to enlarge.
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| AD
ID: |
B250600003 |
| Asking
Price: |
AUD$188,000
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| Rent: |
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| Detail
business type: |
Chinese Restaurant |
| Business
Ph: |
0411 390 068 |
| After
hours ph: |
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| Name: |
Mr. Michael Li |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
SBX Business Brokers |
| Phone: |
0411 390 068 |
| Mobile: |
0411 390 068 |
| Fax: |
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| Email: |
michael.li@sbx.com.au |
| Website: |
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| Postal
Code: |
N/A |
| Country: |
Australia |
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Comments:
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Features |
CHINESE RESTAURANT FOR SALE IN WOLLONGONG ILLAWARRA NSW
Well-established and highly profitable Chinese restaurant located in a large local shopping centre in the Wollongong Illawarra area, directly facing the car park and street. A rare opportunity for an owner operator or investor looking for a strong-performing hospitality business.
KEY FEATURES:
* Weekly sales approximately 17000
* Weekly profit approximately 6210
* Serves a variety of Chinese dishes including chicken, beef, soups, liquor and soft drinks
* Fully equipped kitchen and walk-in cool room
* Large dining area with seating for up to 120 guests
* Licenced premises
* Excellent street front position with ample customer parking
* Very profitable with low rent
* Potential to expand menu with live seafood
* Opportunity to grow with home delivery promotions
* Suitable for owner operator or investor
* Business area is approximately 200 square metres
* Refurbished in 2019 with over 150000 spent
* Trading seven days from 11:30 am to 10:30 pm
* Secure lease in place until March 2026 with 3 percent CPI increases and three months bond
* Current team includes two owners, two full-time staff and casuals
* Rent includes outgoings and water
* Can support staff for employer sponsorship
* Reason for sale is relocation to Sydney
Price $188,000 plus estimated stock value of $40,000
For further information, please contact 0411 390 068.
Email: michael.li@sbx.com.au
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- Busy Traffic Area
- Excellent Location
- Good Turnover
- Huge Potential
- Stock At Value(SAV)
- Good Lease
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