**Summary**
ANND Commercial Real Estate is excited to present a high-yield investment in a prominent Chinese takeaway business, situated at a strategic location adjacent to Sydney's bustling city center. Renowned for its authentic Sichuan cuisine and exquisite seafood, this establishment has become a gastronomic landmark among Sydney's international student community.
**Key Features**
Culinary Excellence: Leading with a strong menu of Sichuan and seafood delights, recognized for authentic taste and quality.
Strategic Location: At the edge of Sydney's CBD, capitalizing on high visibility and foot traffic from a diverse demographic.
Ample Space & Facilities: A 177 sqm shop that houses a state-of-the-art commercial kitchen and separate storage with cold facilities, supported by private parking.
Professional Staff: Fully staffed with a dedicated team of chefs, ensuring consistency in the culinary experience offered.
Proven Profitability: Attracting a stable and regular clientele base contributing to a robust weekly turnover.
**Potentials**
Community Engagement: Increased marketing efforts, particularly towards the strong student community, can further drive sales.
Operational Optimization: With potential streamlining, there is room to maximize the efficiency of staff and overhead costs.
Extended Services: Opportunities to expand service offerings, such as catering and special event hosting.
Online & Delivery Growth: A concerted effort in digital marketing and online presence could unlock additional revenue streams.
**Lease Terms**
Duration: Secure tenancy with the lease running until mid-2025, safeguarding business continuity.
Increment: Predictable 4% annual rental increase, allowing for precise financial forecasting.
Deposit: Three months' rent held as a deposit, ensuring a secure leasehold.
**Financials**
Turnover: Steady weekly sales averaging between $28,000 and $32,000.
Rent: Approximately $1,481 per week, reflecting the value of its prime location.
Wages: Weekly wages around $6,800, with potential to optimize.
Net Profit: Notably high, with net profits exceeding $5,000+ weekly, highlighting the business's lucrative nature.
**Reason for Sale**
Due to personal reasons, the current owner is passing on the torch of this profitable venture. This sale is a unique opportunity for an entrepreneur ready to step into a well-established and high-performing business.
Don't let this opportunity slip away a turnkey business offering impressive net profits and a strong existing customer base, poised for even greater success under new ownership.
