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Restaurant business for sale in Ultimo

  • Restaurant
  • Ultimo NSW 2007
  • Contact Agent

Business Sale: Chinese Restaurant in Ultimo

This Chinese restaurant is located on Ultimo, with a shop area of 100 square meters and a monthly rent of AUD 10,000 (including GST and other outgoings). The remaining lease term is 3.5 years, with an additional 5-year renewal option, providing stable operational security for the new owner. The restaurant is in a prime location near Sydney's CBD, surrounded by several universities, office buildings, and residential areas, ensuring a steady and strong flow of foot traffic. Public transport is highly convenient, with buses stopping at the door and Central Station just a few minutes' walk away, making it easy for customers to visit.

The restaurant features an elegant, modern interior design with a comfortable dining area that can accommodate 65 to 70 guests, with a maximum seating capacity of 78. It is ideal for gatherings and social events. The restaurant is also equipped with a fully functional kitchen, supporting efficient operations and ensuring customers receive high-quality dining service.

Currently, the restaurant employs 5 staff members, including 4 experienced chefs and 1 front desk service staff. The team structure is stable, and the staff are proactive and passionate about customer service, ensuring smooth daily operations and providing a warm and pleasant dining experience for customers.

As the demand for Chinese cuisine continues to grow in Sydney's city area, this restaurant, with its excellent location and strong reputation, holds significant market potential. The new owner can further expand the existing customer base to increase revenue.

This is a rare opportunity, particularly suited for anyone looking to expand their Chinese restaurant business in one of Sydney's bustling areas. If you are interested, please feel free to contact us for more information or to arrange a viewing.

Property Reference NumberBusi#126

Dentown Pty Ltd
Dentown Pty Ltd
Suite 3, Level 25,
Sydney, NSW 2000

Business Highlights

Business ID2019550053
Floor Area100m²
Category
Last updated  12 Nov 2024
Map for Ultimo NSW 2007
Map for Ultimo NSW 2007Ultimo NSW 2007
Inspections
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Dentown Pty Ltd
Dentown Pty Ltd
Suite 3, Level 25,
Sydney, NSW 2000

Business Highlights

Business ID2019550053
Floor Area100m²
Category
Last updated  12 Nov 2024

Co-Brokers

Mel Xu
Dentown Pty Ltd
Call
0406905118

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