Link Business

Profitable Chinese Restaurant in Gold Coast for sale

Listing: #BR00772
price

$250,000

Profit

Refer to Broker

sales

$900,000

industry

Gold Coast

Industry

Food / Hospitality


David Zhang

Broker | Brisbane

David Zhang

david.zhang@linkbusiness.com.au

+61 7 3831 2300

+61 407 468 414


About this Business for sale in Gold Coast

Profitable Chinese Restaurant in Gold Coast for sale

 

This business is a well-established and locally known Chinese Restaurant. Nearly 20 years of history and only first time in the market!


IMPORTANT POINTS:

- Consistent $18,000 average weekly sale

- Cheap rent with secured lease

- Very short trading hours, only trade for dinner 6 days a week. Lifestyle business

- Successfully operated 19 years with great reputation in the area.

- Loyal customers and staff

- Good conditional equipments and commercial kitchen

- Training provided by vendor

- Huge potential by on going residential projects surrounding and longer trading hours

- Good margin and profit, years of ROI is less than 1.5

Vendor sell the business due to the family reason and keen to sell.

Please call me today if you are interested! David Zhang 0407 468 414

To get the further info of this business, please complete an online confidentiality agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00772

Brisbane
david.zhang@linkbusiness.com.au
+61 7 3831 2300
+61 407 468 414

David Zhang

Enquire Now

*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.