Restaurant - Chinese Cuisine - Takeaway - Chinese cuisine restaurant - Takeaway - Netting over $5,000 p.w. - SM1516

Restaurant - Chinese Cuisine - Takeaway - Upper North Shore - Agent SBX Code Number: SM1516

Restaurant - takeaway serving authentic Chinese cuisine, specialising in Hong Kong style food with daily Yum Cha. The menu includes entrees, soup, king prawns, seafood, beef, chicken, pork, Peking duck, vegetarian, noodles etc. Also does specialty creations. All food is prepared fresh and tastes delicious. Fully equipped kitchen with large cool room. Well known within the local community for great traditional food and service. Also does home delivery. - Licensed and BYO. - 112 seats.

Potential
A hands on full time owner operator could save on wages and make more profit. Promote on social media to boost sales.

Features
Good location. Regular customers. Well known to locals. Walk-in cool room. Fully licensed. Open 7 days. - Under Management

Premises
Business with state of the art fit out with top quality equipment and an area of approx. 150 sq. mts.

Location
Best location in shopping centre in the Upper North Shore facing open space car park.

Trading Hours
7 days. - Lunch 1130 am to 300 pm. Dinner 500 pm to 900 pm.

Lease
Current lease expires March 2028. Currently 4% annual rental increases until October 2026 then 5%. - 3 months Bank guarantee.

Employees
Under Management - Owner (admin only) + 6 full time staff + 2 casuals.

Comments
Misc.- 1-Refers to bank fees and other general business expenses. Owner will provide full training. Quick sale needed. Motivated vendor - a must inspection. Staff are not aware. Inspections only through your SBX broker.

Figures
Weekly Sales $35000
Rent (ex GST) $4389
Wages $11900
Profit $5553

Agent SBX Code Number: SM1516 - SBX Business Brokers

For more details, please email broker or call agents.