Visit this listing at https://www.sbx.com.au/business?id=CB1524

Business Code: CB1524

Key Features: Chicken Franchise Restaurant -Shopping Centre Foodcourt - West Sydney.

State: NSW

Suburb: Wetherill Park, 2164

Location: Ideal location in busy food court precinct in large shopping centre, close to theatre complex, in high growth Sydney West.

Description

Restaurant, member of a fast-growing Franchise chain, and offering a distinctive menu based on savoury Korean flavours, with an emphasis on chicken and complimented with draft beer. The business is located on the ground floor of a large shopping centre in Western suburbs of Sydney, and currently opens 7 days for lunch and nights. It is ideal for an owner-operator or family business. The menu presents a wide choice of well-priced meals including tasty appetisers, chicken meals to share, special chicken dishes, an eclectic range of burgers, pancakes, fried rice meals, noodles and stir-fried beef. Kids are well-catered for, and desserts have proven popular. Key features of the business include strong sales of $21,000. attractive franchise fees of 5% and 2% marketing and good rent with 5 years remaining on lease. No prior experience is required with full training and on-going support. An ideal business for a progressive family. An established Franchise brand with over 30 locations and high growth program. An excellent opportunity to purchase a successful franchise business at a fraction of the cost of establishing a new fit-out facility.

Summary

  • Features: Strong local support - Well sited to take advantage of cinema patrons - Long lease - Great al fresco dining area - Modern kitchen facilities - Very popular menu and supported by well established franchisor.
  • Potential: Extend hours.
  • Premises: Attractive, vibrant and modern premises with large al fresco dining area. Kitchen well equipped with all modern facilities and an area of 90 sq. mts.
  • Trading Hours: 7 days - Monday to Thursday & Sunday: 11.30 am to 9.00 pm. Friday & Saturday: 11.30 am to 9.30 pm.
  • Lease: Current 7 year lease commenced June 2023 - Increase 5% - Bond 3 months.
  • Employees: 1 owner - 1 full time chef - 9 casuals.
  • Sale Reason: Pursue other business opportunities.
  • Comments: Misc.- 1- Franchise fee 5% - marketing 2% - Buyer to undergo 1 week's training in Melbourne at own expense.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$21,000

Cost of Goods

$5,000

Gross Profit

$16,000

Rent

$3,500

Wages

$3,250

Telephone

$40

Insurance

$150

Electricity

$500

Gas

$300

Misc1

$1,500

Total Expenses

$9,240

Estimated Stock (Additional)

$10,000

Equipment (Included)

$175,000

Net Profit

$6,760

Price

$450,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Franchise

Business Code: CB1524
Price: $450,000
+ Estimated Stock (SAV) $10,000

Key Features: Chicken Franchise Restaurant -Shopping Centre Foodcourt - West Sydney.

State: NSW

Suburb: Wetherill Park, 2164

Location: Ideal location in busy food court precinct in large shopping centre, close to theatre complex, in high growth Sydney West.

Business Overview

Restaurant, member of a fast-growing Franchise chain, and offering a distinctive menu based on savoury Korean flavours, with an emphasis on chicken and complimented with draft beer. The business is located on the ground floor of a large shopping centre in Western suburbs of Sydney, and currently opens 7 days for lunch and nights. It is ideal for an owner-operator or family business. The menu presents a wide choice of well-priced meals including tasty appetisers, chicken meals to share, special chicken dishes, an eclectic range of burgers, pancakes, fried rice meals, noodles and stir-fried beef. Kids are well-catered for, and desserts have proven popular. Key features of the business include strong sales of $21,000. attractive franchise fees of 5% and 2% marketing and good rent with 5 years remaining on lease. No prior experience is required with full training and on-going support. An ideal business for a progressive family. An established Franchise brand with over 30 locations and high growth program. An excellent opportunity to purchase a successful franchise business at a fraction of the cost of establishing a new fit-out facility.

Summary

  • Key Features: Strong local support - Well sited to take advantage of cinema patrons - Long lease - Great al fresco dining area - Modern kitchen facilities - Very popular menu and supported by well established franchisor.
  • Potential: Extend hours.
  • Premises: Attractive, vibrant and modern premises with large al fresco dining area. Kitchen well equipped with all modern facilities and an area of 90 sq. mts.
  • Trading Hours: 7 days - Monday to Thursday & Sunday: 11.30 am to 9.00 pm. Friday & Saturday: 11.30 am to 9.30 pm.
  • Lease: Current 7 year lease commenced June 2023 - Increase 5% - Bond 3 months.
  • Employees: 1 owner - 1 full time chef - 9 casuals.
  • Sale Reason: Pursue other business opportunities.
  • Comments: Misc.- 1- Franchise fee 5% - marketing 2% - Buyer to undergo 1 week's training in Melbourne at own expense.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$21,000

Cost of Goods

$5,000

Gross Profit

$16,000

Rent (ex GST)

$3,500

Wages

$3,250

Telephone

$40

Insurance

$150

Electricity

$500

Gas

$300

Misc1

$1,500

Total Expenses

$9,240

Estimated Stock (Additional)

$10,000

Equipment (Included)

$175,000

Net Profit

$6,760

Price

$450,000
+ Estimated Stock (SAV) $10,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.