The Chinese Cuisine business is run by the owner at present with average turnover earnings approx. $500K per annum. There are 7-8 full or part time employees. Operating fully under management. Position so close to train station and Hurstville Shopping centre. The asset list for this business as long list of equipment. All included in the sale price. The premises for the business are located in the Centre Hurstville and are ideal for this type of business with good commercial kitchen with 3 large cool room on site over 100m2 .
Good cash flow steady business monthly approx. $45,000
Long established successful trading history
Growth potential daily high rate of client traffic.
Excellent premises and location with High Ceiling Lobby.
Good team 7-8 of employees
Quality service reputation approx 70 seats over 80m2
Solid marketing opportunities and Loyal client base
Strong culture for offering high standards
Many years of work to create solid foundation for future growth
Lease terms available 5x5x5 or Negotiation
Suit larger partnership of family business owners
Excellent relationship with all suppliers.
Total area over 200m2 and potential add second Level operation
Ongoing :
Gas and Electricity, Insurances, water $5,500 per month
Commical Rent approx. $5,000 per week
The owners are offering 26 weeks of full training after settlement and then ongoing support for an extended period, terms to be discussed and negotiation during the sale process. We would be glad to share more details with qualified purchasers who could take this business to the next level. This is an ideal first-time business owner opportunity and the business has a good structure with systems in place to help with smooth operations. Sale price $550,000 plus Stock and includes all assets and goodwill. Please ring Alvin Li on 04217 39020 for private inspection and discuss.