Restaurant - mainly serving Shanghai cuisine including steamed buns, wontons, stir-fried food & signature soup, etc- Good review on the food - Full sized commercial kitchen with woks, deep fryer, walk-in cool room & freezer, new exhaust system - 50 seats downstairs, 2 private room upstairs- 20seats, licensed. Plenty of storage area.
Can extend business hours - expand home delivery with Uber Eats, etc.
Top location on the main street of Burwood - High margins. - reasonable rent with a long lease.
Well presented shop with an area of approx. 250 sq.mts. Ground floor with 40 sq.mts kitchens, cool room, and freezer room, and 100 m2 dining area. First floor with 2 private rooms, a storage room.
Prime location on the main road in the InnerWest area. Lots of foot traffic.
7 days - Mon. - Sun, - 11 a.m.- 10 p.m.
Current lease commenced Nov, 2017, 5 years + 5 years - 3% annual increases - 6 months bond
1 owner ( part time) + 5 full-timers + 2 casuals
Misc 1- waste collection fee, Misc 2 - Council fee, Modern design, and high-quality fit-out, Near new equipment. - stable chef team - Nothing to spend. - Keen vendor. - Must be sold.
XKR1021 - Chinese Cuisine- Restaurant - Top location -Burwood
Figure Display Type Regular Weekly Takings $23,000 Cost of Goods $6,900 Gross Profit $16,100 Rent (ex GST) $2,622 Outgoings $769 Wages $7,000 Telephone $20 Insurance $60 Electricity $349 Gas $500 Misc 1 $140 Misc 2 $68 Total Expenses $11,528 Nett Profit $4,572
Estimated Stock (additional)