Chinese restaurant for sale near Chinatown Low Rent

Price: $220,000 Location: Sydney City, NSW Ref: 5157302
Agent:
Amy Li
Agent Phone:
Office Phone:
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Business Headline :
Chinese restaurant for sale near Chinatown Low Rent
Price :
$220,000
Category :
Food/Hospitality, Restaurant, Takeaway Food, Alcohol/Liquor
Full Description :

This busy Chinese restaurant is located in the heart of Sydney CBD near Chinatown, UTS and Central station. Prime location on the main road with heavy foot tracffic and surrounded by numerous high profile office towers & hotels.

Key Features:

  • Busy location on a main road with floor to ceiling glass windows in the front of the shop
  • Near everything: Chinatown, University, Central station, office buildings and hotels
  • Long lease till 2024 plus a 5 years option
  • Low rent you can’t find anywhere else
  • +400 sqm, seating for 150
  • Full commercial kitchen
  • On Premises liquor licence

Potential:

  • Group bookings through travel agent increases quickly
  • Online promotion and delivery targeting students

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5157302#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5157302#enquire-now

Annual Rent : $170,820 - Weekly Rent : $3,285

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 : Jul 2019

Lease End : Jun 2024

Lease Option: 5 years

Total Floor Area : 400 Square Metres

Franchise : No

Approximate Stock Value : $

Year Purchased : 2019

Year Established : 2019

Days Trading : 7

Reason for Sale : Company strategy changed

Location : Sydney

Business Potential : Online promotion

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