Visit this listing at https://www.sbx.com.au/business?id=FN1171

Business Code: FN1171

Key Features: Great location - Takings $22,000 p.w. - Netting $4,500 p.w.

State: NSW

Location: Situated in corner location of busy Inner West shopping strip close to train station.

Description

Restaurant serving Korean Cuisine such as fried chicken, hot pot, hot pan, Chefs special, katsu & don, Teriyaki soups, entrees, and variety of meats and noodles. - Licenced - 60 seats inside - 30 seats outside available - big commercial kitchen with storage

Summary

  • Features: Excellent spacious fitout - Great location -Regular customers - Good reputation
  • Potential: Suit family business. - Could change to any other cuisine or cafe
  • Premises: This business has an area of 150 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10 a.m.- 12 p.m.
  • Lease: New 5 + 5 lease commenced Aug, 2018 - 4% increases per year - 4 months bond
  • Employees: 2 owners + 2 full timers + 3 casuals
  • Comments: Very well known amongst the Asian community. - Motivated vendor - A must inspection - Staff are not aware of sale so please be discreet - Owner willing to give training and recipes.- POS records available

Weekly Summary

Weekly Takings (inc GST)

$22,000

Cost of Goods

$6,600

Gross Profit

$15,400

Rent

$4,800

Wages

$4,500

Outgoings

$800

Telephone

$30

Insurance

$30

Electricity

$350

Gas

$300

Misc1

$90

Total Expenses

$10,900

Estimated Stock (Additional)

$10,000

Net Profit

$4,500

Price

$280,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine

Business Code: FN1171
Price: $280,000

Key Features: Great location - Takings $22,000 p.w. - Netting $4,500 p.w.

State: NSW

Location: Situated in corner location of busy Inner West shopping strip close to train station.

Description

Restaurant serving Korean Cuisine such as fried chicken, hot pot, hot pan, Chefs special, katsu & don, Teriyaki soups, entrees, and variety of meats and noodles. - Licenced - 60 seats inside - 30 seats outside available - big commercial kitchen with storage

Summary

  • Features: Excellent spacious fitout - Great location -Regular customers - Good reputation
  • Potential: Suit family business. - Could change to any other cuisine or cafe
  • Premises: This business has an area of 150 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10 a.m.- 12 p.m.
  • Lease: New 5 + 5 lease commenced Aug, 2018 - 4% increases per year - 4 months bond
  • Employees: 2 owners + 2 full timers + 3 casuals
  • Comments: Very well known amongst the Asian community. - Motivated vendor - A must inspection - Staff are not aware of sale so please be discreet - Owner willing to give training and recipes.- POS records available

Weekly Summary

Weekly Takings
(inc GST)

$22,000

Cost of Goods

$6,600

Gross Profit

$15,400

Rent (ex GST)

$4,800

Wages

$4,500

Outgoings

$800

Telephone

$30

Insurance

$30

Electricity

$350

Gas

$300

Misc1

$90

Total Expenses

$10,900

Estimated Stock (Additional)

$10,000

Net Profit

$4,500

Price

$280,000

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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.