Popular Chinese Restaurant in Northwest Sydney

Industry: Food/Hospitality - Restaurant | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : Popular Chinese Restaurant in Northwest Sydney


Price : $550,000


Category : Food/Hospitality, Restaurant, Takeaway Food


This busy Chinese restaurant is located on the main street in one of Sydney\'s Northern suburbs, a popular home of the Chinese community. It is close to everything: local shopping centre, school and train station.



  • Well established and well known restaurant in the Chinese community.

  • Located in the middle of the main street with high foot traffic, open 7 days a week.

  • Long lease till 2026.

  • Ground level is 145 square meters, seating for 60 people.

  • With walk-in cool room, storage room and 5 parking spaces.

  • Fully functional kitchen.

  • Renovated by current owner in 2018, bringing customers a warm, elegant feel.

  • The upstairs is sub-leased and bringing the rent down by 23%.

  • Huge potential to grow/expand.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4921866#enquire-now

Annual Rent : $261,816 -
Weekly Rent : $5,035


Annual Turnover : Not Disclosed -
Weekly Turnover : Not Disclosed


Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed


Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed


Premise : Leased


Lease Commencement : Jun 2015


Lease End : Jun 2021


Lease Option:
5 years


Total No of Parking : 5



Franchise : No


Approximate Stock Value : $5,000


Year Purchased : 2017


Year Established : 2012


Days Trading : 7


Reason for Sale : Other business interest


Location : Eastwood


Business Potential : Online promotion

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  • ListingImage
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Business Name / Ref #:
Contact Advertiser
Location:
EASTWOOD
NSW
Asking Price:
$550,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
261816
Trading Hours:
Website:
Contact Details:
1300064.....
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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Popular Chinese Restaurant in Northwest Sydney ListingImage
About this business

Business Headline : Popular Chinese Restaurant in Northwest Sydney


Price : $550,000


Category : Food/Hospitality, Restaurant, Takeaway Food


This busy Chinese restaurant is located on the main street in one of Sydney\'s Northern suburbs, a popular home of the Chinese community. It is close to everything: local shopping centre, school and train station.



  • Well established and well known restaurant in the Chinese community.

  • Located in the middle of the main street with high foot traffic, open 7 days a week.

  • Long lease till 2026.

  • Ground level is 145 square meters, seating for 60 people.

  • With walk-in cool room, storage room and 5 parking spaces.

  • Fully functional kitchen.

  • Renovated by current owner in 2018, bringing customers a warm, elegant feel.

  • The upstairs is sub-leased and bringing the rent down by 23%.

  • Huge potential to grow/expand.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4921866#enquire-now

Annual Rent : $261,816 -
Weekly Rent : $5,035


Annual Turnover : Not Disclosed -
Weekly Turnover : Not Disclosed


Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed


Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed


Premise : Leased


Lease Commencement : Jun 2015


Lease End : Jun 2021


Lease Option:
5 years


Total No of Parking : 5



Franchise : No


Approximate Stock Value : $5,000


Year Purchased : 2017


Year Established : 2012


Days Trading : 7


Reason for Sale : Other business interest


Location : Eastwood


Business Potential : Online promotion

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:261816

Trading Hours:

Website:

$550,000

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