Profitable Chinese Restaurant on the Gold Coast For SaleListing: #BR00772
About this Business for sale in Gold Coast RegionProfitable Chinese Restaurant on the Gold Coast For Sale
This business is well-established and a locally well known Chinese Restaurant. Nearly 20 years of history and this is the first time on the market!
- Consistent average weekly sales of $18,000
- Cheap rent with secured lease
- Lifestyle business with very short trading hours, only trade for dinner 6 days a week
- Successfully operated for 19 years with great reputation in the area
- Loyal customers and staff
- Equipment and commercial kitchen in good condition
- Training provided by vendor
- Huge potential for growth due to on going residential projects in the surrounding area and longer trading hours
- Good margin and profit, get a ROI is less than 1.5 years
Vendor is keen to sell the business due to the family reasons.
Please call David Zhang on 0407 468 414 if you are interested!
To get the further info of this business, please complete an online confidentiality agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00772
*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.