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.
Potential
-- 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
Premises
Well presented restaurant with an area 100 SQM.
Hours
6 days - Wed. - Mon. - 11 a.m. - 9.30 p.m.
Lease
Jan 2019 - Jan 2022+ 3 year option. + 3 % increases - 3 months bond
Employees
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
Price
$1250,000
Estimated Stock (additional)
$0