North West
NSW
$650,000
Restaurant - Korean CuisinePrice: $300,000Net Profit: $5,157 |
Visit this listing at https://www.sbx.com.au/business?id=FN1181 |
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Business Code: FN1181 Key Features: Great location - Good reputation- Takings $20,000 p.w. -Netting $5,000 p.w. State: NSW Suburb: Epping, 2121 Location: Situated in busy North West shopping strip close to train station and supermarket. DescriptionRestaurant serving Korean Cuisine specialising in famous soon tofu soup, BBQ, hot-stone bibimbap, bulgogo, hot pot, hot pan, Chefs special, soups, entrees, and variety of meals and noodles. - Licenced - 66 seats inside - big commercial kitchen with cool room and storage Summary
Weekly SummaryWeekly Takings (inc GST)$20,000Cost of Goods$6,000Gross Profit$14,000Rent$1,180Wages$7,000Outgoings$173Insurance$30Electricity$230Gas$230Total Expenses$8,843Estimated Stock (Additional)$5,000Net Profit$5,157Price$300,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1181
Price: $300,000
+ Estimated SAV $5,000
Key Features: Great location - Good reputation- Takings $20,000 p.w. -Netting $5,000 p.w.
State: NSW
Suburb: Epping, 2121
Location: Situated in busy North West shopping strip close to train station and supermarket.
Description
Restaurant serving Korean Cuisine specialising in famous soon tofu soup, BBQ, hot-stone bibimbap, bulgogo, hot pot, hot pan, Chefs special, soups, entrees, and variety of meals and noodles. - Licenced - 66 seats inside - big commercial kitchen with cool room and storage
Summary
- Features: Great location - No competition - Good reputation - Very famous signature menu.
- Potential: Suit family business - Huge potential - Huge apartments are under construction near this business. - Promote and deliver to surrounding apartments and residential area.
- Premises: This business has an area of 100 sq.mts.
- Trading Hours: 7 days - 10:30 a.m.- 9:30 p.m.
- Lease: New 5 + 5 year lease commenced April, 2019. - 3 months bond - C.P.I. increases.
- Employees: 1 owner+. 3 full timers. + 3 casuals
- Sale Reason: Family reasons
- Comments: Very well known amongst the Asian community. - Motivated vendor - A must inspection - Staff are not aware of sale so please be discreet - Before inspection please contact agent. - Owner willing to give training and recipes.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$20,000
Cost of Goods
$6,000
Gross Profit
$14,000
Rent (ex GST)
$1,180
Wages
$7,000
Outgoings
$173
Insurance
$30
Electricity
$230
Gas
$230
Total Expenses
$8,843
Estimated Stock (Additional)
$5,000
Net Profit
$5,157
Price
$300,000
+ Estimated SAV $5,000
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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.
