Sample
+2 moreGolden Dragon Restaurant,
Sydney, NSW
Restaurants & Hospitality • 12 staff • 22 years operating
Listed as a sample
Price information
Asking price
$890,000
Revenue
Sign in
EBITDA
Sign in
Years operating
22 yrs
Employees
12
About this business
Iconic Cantonese restaurant in Sydney's inner west with 120-seat dining room, fully licensed bar, and 22-year trading history. Consistently profitable with strong weekend and event booking revenue.
Business details
- Listing ID
- GOLDEN-DRAGON
- Business type
- Restaurants & Hospitality
- Established
- 2004
- Ownership structure
- Pty Ltd — 100% share sale
- Premises
- Leased restaurant, ground floor
- Floor area
- 310 m² — 120 seats
- Lease expiry
- Feb 2031 + 5 year option
- Staff
- 12 total — 5 kitchen, 5 front of house, 2 casual
- Owner involvement
- 35 hrs/week — front of house
- Training & handover
- 6 months, owner will stay to transfer supplier terms
- Reason for sale
- Family succession — no second generation in the business
- Included in sale
- Full commercial kitchen, liquor licence, fit-out
Key features
- Twenty-two years trading from the same address
- Head chef of eleven years staying on
- Liquor licence and outdoor dining permit both current
- Long lease with a five year option already exercised once