Asian Restaurant in City Fringe\ Glebe NSW \ Selling For $50K

General Information

-- Takeaway Restaurant - Asian Cuisine - City Fringe - Glebe NSW

-- Now selling cantonese style Asian and Chinese hot food -  varieties of hot food 

-- Full Commercial kitchen with 5 wok stoves, 1 Bunner, 4 cool refrigerator and 2 Large freezer, Dishwasher, Juice Bar

-- Large seating area inside

-- Very Suitable for family business, saving a lot on setting up new business.


Location Details

Great location with heavy foottraffic, and very near the shopping and food street in an affluent area in the city fringe

Located on the main road of a desirable area close to UTS and USYD.



-- Huge potential due to the significant and on going residential growth in this popular area

-- Expand catering

-- Do some marketing and advertising -

-- Potential for an owner operator to further increase sales and profit


Well presented restaurant with an area 100 SQM.



6 days - Wed. - Mon. - 11 a.m. - 9.30 p.m.



Jan 2019 - Jan 2022+ 3 year option. + 3 % increases - 3 months bond



1 owner +. 1 fulltimer + 1 casuals

Asian Restaurant in City Fringe\ Glebe NSW \ Selling For $50K

  • Figure Display Type   Regular
    Weekly Takings   $10,000
    Cost of Goods $3,000
    Gross Profit $7,000
    Rent $1,520
    Outgoings $308
    Wages $2,200
    Telephone $20
    Insurance $30
    Electricity $162
    Gas $116
    Misc 1 $
    Misc 2 $
    Total Expenses $4,194
    Nett Profit $2,806



    Estimated Stock (additional)


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Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET