General Information

This popular Chinese restaurant is a long-standing locals & celebrity favourite. Restaurant serving delicious Chinese cuisine including Dim-sum, Noodles, stir frys, Fried rice, soup, Seafood specials and hot and cold drinks. - 90 seats inside - Liquor License until 10:30 p.m. - Home delivery through Own Website and app. - 80% of customers dine in.

Potential

No competition for Asian food in this area - Huge potential - do more advertising and promotion - extend opening hours . - Would suit Chinese, Japanese and Korean cuisines.

Features

Good size restaurant - No competition - free parking outside. Full Commercial Kitchen ; Full Liquor License + Juice Bar ; 3 wok stove + 4 Burner + 1 Deepfry + 2 Freezer + Ice Maker + Dishwasher

Premises

This business has an area of 153 sq.mts. Free parking spaces available;

Location

The Restaurant located in Sydney Northern Beaches area , Situated on busy main road. In proximity to high net worth suburbs as well as more family-oriented suburbs.

Trading Hours

7 days - Sunday -Thusday 5 p.m. - 9:30 p.m. Fri & Sat 5p.m. - 10:30p.m.

Lease

New Lease available - 4 months bond - 3% rent increases per year.

Employees
3 Full-times + 2 Casuals

Reason for Sale
Retirement

Revenue
$13,000 pw

Rent
$1,765 pw +GST

Comments
This well managed Chinese Cuisine Restaurant has Good public review online, high profit with reasonable selling price. Suitable for family business or could change to any other type of cuisine.