Asian Restaurant - Malaysian - Chinese Cuisine -
Asian Restaurant - Macquarie Park- 5 lunches and 4
dinners - Nets $4460 p.w. - M2119

Industry: Food/Hospitality - Restaurant | Listed by: SBX Business Brokers
Key Strengths
About this business
Asian Restaurant - Malaysian - Chinese Cuisine - North West Sydney - Agent SBX Code Number: M2119

Restaurant serving Asian / Malaysian style cuisine including delicacy of Hainan chicken rice, satay and curry chicken / beef / seafood, laksa chicken or vegetarian, laksa prawns and seafood etc. - Full kitchen with cool room, frozen room and large store room. - Fully licensed. - 150 seats indoors and outdoors. - Currently trades 5 lunches and 4 dinners. High takings with average weekly $35,000 pre Covid.

Potential
Could open 7 days - . Increase trading hours. - Add catering business to offices. -Add home delivery through internet order system which would increase takings and profit to a new and high level.

Features
Long established for 16 years. - Well known by locals. - Short trading hours. - Full financials available - New lease with discounted rent available. - Great business with growing potential. - Well priced.

Premises
Unique designed and well established Asian restaurant with an area of 320 m2 and in good condition.

Location
Main traffic road location surrounded by office buildings, international brand restaurants and residences

Trading Hours
5 lunches - Wed. - Sun. - 1130 a.m. - 230 p.m. - 4 dinners - Thurs. - Sun. - 530 p.m. - 930 p.m.

Lease
1.5 years + 5 years option remaining expires May 2028. - 3% annual increases. - 6 months bond. - A new lease may be available with around 20% rental discount negotiated by landlord.

Employees
2 owners ( take turns managing the business ) + 2 full time chefs + 3 kitchen hands + 2 - 3 table servers.

Comments
Current rent includes all outgoings and water usage. - Misc.- 1 - refers to rubbish, exhaust cleaning and bank fees. - A rare find Asian restaurant with trading very short hours - Keen vendor preparing to retire. - Very well priced to sell. -Inspection is highly recommended.

Figures
Weekly Sales $25000
Rent (ex GST) $3810
Wages $8000
Profit $4460


Agent SBX Code Number: M2119 - SBX Business Brokers
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Business Name / Ref #:
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Location:
Macquarie Park
NSW
Asking Price:
$168,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
3810
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Asian Restaurant - Malaysian - Chinese Cuisine - Asian Restaurant - Macquarie Park- 5 lunches and 4 dinners - Nets $4460 p.w. - M2119 ListingImage
About this business
Asian Restaurant - Malaysian - Chinese Cuisine - North West Sydney - Agent SBX Code Number: M2119

Restaurant serving Asian / Malaysian style cuisine including delicacy of Hainan chicken rice, satay and curry chicken / beef / seafood, laksa chicken or vegetarian, laksa prawns and seafood etc. - Full kitchen with cool room, frozen room and large store room. - Fully licensed. - 150 seats indoors and outdoors. - Currently trades 5 lunches and 4 dinners. High takings with average weekly $35,000 pre Covid.

Potential
Could open 7 days - . Increase trading hours. - Add catering business to offices. -Add home delivery through internet order system which would increase takings and profit to a new and high level.

Features
Long established for 16 years. - Well known by locals. - Short trading hours. - Full financials available - New lease with discounted rent available. - Great business with growing potential. - Well priced.

Premises
Unique designed and well established Asian restaurant with an area of 320 m2 and in good condition.

Location
Main traffic road location surrounded by office buildings, international brand restaurants and residences

Trading Hours
5 lunches - Wed. - Sun. - 1130 a.m. - 230 p.m. - 4 dinners - Thurs. - Sun. - 530 p.m. - 930 p.m.

Lease
1.5 years + 5 years option remaining expires May 2028. - 3% annual increases. - 6 months bond. - A new lease may be available with around 20% rental discount negotiated by landlord.

Employees
2 owners ( take turns managing the business ) + 2 full time chefs + 3 kitchen hands + 2 - 3 table servers.

Comments
Current rent includes all outgoings and water usage. - Misc.- 1 - refers to rubbish, exhaust cleaning and bank fees. - A rare find Asian restaurant with trading very short hours - Keen vendor preparing to retire. - Very well priced to sell. -Inspection is highly recommended.

Figures
Weekly Sales $25000
Rent (ex GST) $3810
Wages $8000
Profit $4460


Agent SBX Code Number: M2119 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:3810

Trading Hours:

Website:

$168,000

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