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Restaurant - Korean Cuisine - Inner West - (Code: W1557)

Potential plus

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Price: $450,000






Weekly Takings (inc GST) $35,000
Cost of Goods $12,250
Gross Profit $22,500
Rent $2,500
Wages $6,000
Outgoings $
Telephone $
Insurance $
Electricity $154
Gas $77
Misc 1 $769
Misc 2 $
Total Expenses $9,500
Net Profit $13,000
Coffee Kilos P/W 0.0

Estimated Stock

$20,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant serving BBQ Korean cuisine including pork, chicken, beef, hot pots, 21 kinds of Asian meals, 6 different types of set menu, drinks. - 120 seats inside - Large full kitchen with excellent equipment.

Potential
Ideal for family business and save on wages. - A large restaurant suitable for Chinese yum cha or Chinese and Thai cuisine. - Could add duck BBQ to the menu which would increase sales - Liquor licence under process.

Features
Sales increasing - Ideal for Chinese cuisine.

Premises
This business has an area of 220 sq.mts.

Location
Situated in very busy eatery street amongst cafes and restaurants close to train station.

Trading Hours
11:00-10:00pm open 7days

Lease
5 year lease plus 5 year option commenced September, 2015. - Bond $50,000 - Rent increases 3% per year.

Employees
1 owner + 3 fulltimers + 9 casuals

Comments
Growing business with a lot of potential - Due to private reasons owner wants to sell urgently. - Motivated vendor - A must inspection.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXW1557

For more details please call (02) 9439 4403
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