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Chinese Cuisine - Restaurant - South Coast - (Code: SM1247)

Sales $17,000 pw - Chinese Cuisine -Wollongong Illawarra NSW - Profit $6,210 pw

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Price: $188,000






Weekly Takings (inc GST) $17,000
Cost of Goods $5,800
Gross Profit $11,200
Rent $1,500
Wages $2,500
Outgoings $
Telephone $50
Insurance $85
Electricity $260
Gas $195
Misc 1 $400
Misc 2 $
Total Expenses $4,990
Net Profit $6,210
Coffee Kilos P/W 0.0

Estimated Stock

$40,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>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</p>

Potential
Could add live seafood. -Suit owner operator or investor. - Do promotions to develop home delivery..

Features
Excellent street front location with ample parking. - Very profitable. - Low rent.

Premises
This business has an area of 200 sq.mts. and was recently refurbished in year 2019 at a cost over $150,000.

Location
Situated at large local shopping centre facing car park and street in Wollongong Illawarra area.

Trading Hours
7 days - 11:30 a.m. - 10:30 p.m.

Lease
7 year lease expires March. 2027. - 3% C.P.I. increases. - 3 months bond.

Employees
2 owners + 2 fulltimers + casuals

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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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXSM1247

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