LINK Business Brokers Australia

About this Business for sale in Campsie

A well established and famous Asian restaurant with long trading hours (7am to 9pm) and no restriction on trading located in Campsie.

Highlights of the business

  • Huge Food Traffic ,on main street
  • Established 5 years ago
  • Trading hour 12:00 – 9:30pm
  • Full Liquor License
  • Across 2 floor and top floor can accommodate 40-50 customers for meeting/conference /birthday party
  • Ground Floor 40-50 seating capacity
  • Recently Renovated
  • Strong reputation within community
  • Recession (COVID) proved business
  • Lease: 3.5 years remaining and 5-year renewal option

Key Selling Points

  • Annual Sales $417696 FY 2021 (during COVID time )
  • Current Sales $13000 per week
  • Rent $101705 plus GST
  • Outgoings $12876 annually
  • Garbage  $6238
  • GAS/Electricity $8868 annually

Enquire now for more information!

Listing Number: NSW10307

Broker: Sudip Dhakal
Phone: +61 421 460 335
Email:  sudip.dhakal@linkbusiness.com.au

Want to know more? Complete an online confidentiality agreement to visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW10307

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW10307
Profit*: $81,850
Sales Revenue: $417,696
Canterbury/Bankstown, Campsie
Food/Hospitality, Restaurant
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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