General Description
Chinese cuisine - Restaurant - mainly serving flavor appetizer, Chinese BBQ skewer, stir-fried food, signature rice noodle soup, noodle soup, etc- Good reputation - Full sized commercial kitchen with cool room, freezer room, woks, deep fryer, walk-in cool room & freezer. - Best location in Chinatown - All the staffs follow the receipt to cook from the owner undermanagement. No chef required. Under management.
Potential
Hands-on buyer will save on labor cost,
Features
Best location - High margins. - Undermanagement - Easy to run
Premises
Well presented shop with an area of approx. 200 sq.mts. Downstairs - 100 sq.mts includes 30 sq.mts kitchen, cool room, and freezer room and a bathroom, and Upstairs -100 sq.mts includes the dining area, and two bathrooms, and a storage room.
Location
Best location on the entrance of the walkway in Chinatown.
Trading Hours
7 days - Mon. - Sun, - 11:00 a.m.- 10 p.m.
Lease
Current lease expires Nov 2024, 4% annual increases - 3 months bond- New lease available
Sale Reason
Family reason
Employees
Undermanagement - 5 full time - 3casuals
XKR1039 - Restaurant- Chinese cuisine- Top location Chinatown - No Chef required
Figure Display Type
Regular
Weekly Takings
$31,500
Cost of Goods
$11,025
Gross Profit
$20,475
Rent (ex GST)
$6,545
Outgoings
$0
Wages
$7,200
Telephone
$80
Insurance
$25
Electricity
$420
Gas
$460
Misc 1
$70
Misc 2
$77
Total Expenses
$14,877
Nett Profit
$5,598
Price
$150,000
Estimated Stock (additional)
$10,000