Inner West
NSW
$200,000
Restaurant - Korean BBQ CuisinePrice: $170,000Net Profit: $7,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1305 |
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Business Code: FN1305 Key Features: Korean BBQ cuisine - North West Sydney- Profit $7,000 p.w. State: NSW Location: Situated in a busy shopping strip in North West Sydney, near a train station, and surrounded by shops, restaurants, and commercial buildings. DescriptionRestaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from seasonal raw or marinated beef ribs, pork ribs, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes, and Korean-style bar snacks. The venue accommodates 48 indoor seats and 40 outdoor seats in a backyard courtyard. It holds a full liquor license and is equipped with a full kitchen, cool room, and storage.
Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$22,000Cost of Goods$7,000Gross Profit$15,000Rent$2,200Wages$4,000Outgoings$80Telephone$20Insurance$30Electricity$300Gas$200Misc1$1,170Total Expenses$8,000Estimated Stock (Additional)$5,000Net Profit$7,000Price$170,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean BBQ Cuisine
Business Code: FN1305Price: $170,000
+ Estimated Stock (SAV) $5,000
Key Features: Korean BBQ cuisine - North West Sydney- Profit $7,000 p.w.
State: NSW
Location: Situated in a busy shopping strip in North West Sydney, near a train station, and surrounded by shops, restaurants, and commercial buildings.
Business Overview
Restaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from seasonal raw or marinated beef ribs, pork ribs, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes, and Korean-style bar snacks. The venue accommodates 48 indoor seats and 40 outdoor seats in a backyard courtyard. It holds a full liquor license and is equipped with a full kitchen, cool room, and storage.
Summary
- Key Features: Specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Beautiful courtyard with 40 outdoor seats - Stable and growing business with strong customer demand
- Potential: Ideal for a family-run business or a motivated owner-operator- Opportunities to expand through delivery services to surrounding apartments and residential areas.- Suitable for all types of restaurant operations with an existing DA approval until 2 a.m..
- Premises: Situated on a 216 sq. mt. area and consists of a two-story building with a covered outdoor seating area, storage, cool room, function room, four restrooms, and a full kitchen.
- Trading Hours: 7 days - 11 am to 10 pm.
- Lease: 5 + 5 year lease until October 2026 with a new lease available - 3% increases - 3-month bond required
- Employees: 2 owners + 1 full timer + 1 casual for daytime and 2 casuals for dinner
- Sale Reason: The owner is relocating back to Korea
- Comments: Urgent Sale. Great potential for a motivated couple or family business- Staff are not aware of sale. Inspections only through your SBX broker.- Misc.- 1.- GST and other 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
$22,000
Cost of Goods
$7,000
Gross Profit
$15,000
Rent (ex GST)
$2,200
Wages
$4,000
Outgoings
$80
Telephone
$20
Insurance
$30
Electricity
$300
Gas
$200
Misc1
$1,170
Total Expenses
$8,000
Estimated Stock (Additional)
$5,000
Net Profit
$7,000
Price
$170,000
+ Estimated Stock (SAV) $5,000
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