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popular chinese restaurant in northwest sydney

Popular Chinese Restaurant in Northwest Sydney (Ref No:65990)

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, Wholesale

Price: $550000

State : South Australia

City : Eastwood


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