Summary

- Very profitable locally-driven Chinese restaurant is now up for sale

- The restaurant is very famous among local residents and the current owner has been in operation for the past 10 years.

- The average weekly sale is hovering around $38,000/week

- The rent is low at only $1,100/week (inc. GST)

- The fully equipped kitchen is fitted with 7 wok burners and 2 cool rooms.

- To mention the scale of operation, the rice consumption is around 18~20 bags of 20kg per week.

- Staff roster:

1) 6 kitchen

2) 4 front

3) 2 dedicated delivery drivers

4) 2 owners (kitchen & front)

- The restaurant recently went green by fitting 90 panels of solar panels on the roof and

this has reduced the energy cost significantly.

- It was a difficult decision to let go of the restaurant in hands of the owner for the past 10 years.

However, the owner has a commitment and has decided to retire upon sale.

Financial Guideline:

Sales: $38,000/week

Rent: $1,100/week inc. GST

Staff wage: $10,269/week (super included)

Net Profit: $12,800~13,700/week (2 owner's wage included)

Disclaimer: Whilst reasonable care and searches were conducted in preparation of information, I do not guarantee or warrant the accuracy or reliability of the information and I will not be liable for any loss, damage or expense incurred or arising by reason of any person using or relying on the information provided.  Buyers should seek advice from their own Advisors.