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popular chinese restaurant in northwest sydney

Popular Chinese Restaurant in Northwest Sydney (Ref No:66398)

Popular Chinese Restaurant in Northwest Sydney

Business Headline : Popular Chinese Restaurant in Northwest Sydney

Price : $550,000

Category : Food/Hospitality, Restaurant, Takeaway Food

This busy Chinese restaurant is located on the main street in one of Sydney\'s Northern suburbs, a popular home of the Chinese community. It is close to everything: local shopping centre, school and train station.

  • Well established and well known restaurant in the Chinese community.

  • Located in the middle of the main street with high foot traffic, open 7 days a week.

  • Long lease till 2026.

  • Ground level is 145 square meters, seating for 60 people.

  • With walk-in cool room, storage room and 5 parking spaces.

  • Fully functional kitchen.

  • Renovated by current owner in 2018, bringing customers a warm, elegant feel.

  • The upstairs is sub-leased and bringing the rent down by 23%.

  • Huge potential to grow/expand.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4921866#enquire-now

Annual Rent : $261,816 -
Weekly Rent : $5,035

Annual Turnover : Not Disclosed -
Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed -
Weekly Gross Profit : Not Disclosed

Annual Ebit : Not Disclosed -
Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Jun 2015

Lease End : Jun 2021

Lease Option:
5 years

Total No of Parking : 5

Franchise : No

Approximate Stock Value : $5,000

Year Purchased : 2017

Year Established : 2012

Days Trading : 7

Reason for Sale : Other business interest

Location : Eastwood

Business Potential : Online promotion

Category: Franchise, Restaurant

Price: $550000

State : South Australia

City : Eastwood

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