Industry:
Food and Hospitality
Business Address:
Wollongong Illawarra area, NSW, N/A, Australia
Click on pics to enlarge.
AD
ID:
B250600003
Asking
Price:
AUD$188,000
Rent:
Detail
business type:
Chinese Restaurant
Business
Ph:
0411 390 068
After
hours ph:
Contact Details
Name:
Mr. Michael Li
Advertising
Nature:
Private Seller
Company
Name:
SBX Business Brokers
Phone:
0411 390 068
Mobile:
Fax:
Email:
michael.li@sbx.com.au
Website:
Suburb/State:
Wollongong Illawarra area. / NSW
Postal Code:
N/A
Country:
Australia
Comments:
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
