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Business NO.:
3381313
Status:
Active
Price:
$350,000
Plus SAV:
Yes
Updated on:
17/08/2024
Business Features:
Small Business
Is independently run, locally based, and offers the flexibility to do business the way you want.

Chinese Restaurant - Dumpling

Restaurant | Business for Sale | Queensland

Chinese Restaurant - Dumpling

Authentic handmade dumplings as well as variety of small dishes are offered at a funky dim-lit Oriental den.

Family members, business owner with his wife and mother, work full-time to offer the very best to its customers. Five casual staffs work on shift in the kitchen and for the front section.

Seating inside and outside.

Fully licensed with a bar.

Opening hours:

7 days/week

Monday – Thursday and Sunday: 11:30 am – 15:00, 17:30 – 21:00

Friday: 11:30 – 15:00, 17:30 – 22:00

Saturday: 11:30 – 15:30, 17:30 – 22:00

Key points:

  • Size of restaurant: 55 m2 inside and 23 m2 outside.
  • Lease: current to 31 May 2026 with Option of 1 x 5 years
  • Monthly rent: $5,990.32 including GST
  • Annual rent increase: CPI
  • Latest weekly sales: around $22,000
  • Latest weekly net income before income tax: around $7,200

Asking price: $350,000 + SAV ($3,500 – estimate)

For more details, please email broker or call agents.


Level 1, 33 Queen Street, Brisbane, QLD 4000