Visit this listing at https://www.sbx.com.au/business?id=FN1306

Business Code: FN1306

Key Features: Restaurant -Korean BBQ Cuisine - Nets over $7,000 p.w.-Central Coast

State: NSW

Location: Situated in newly built shopping centre close to highway in the Central Coast.

Description

Korean BBQ restaurant featuring tabletop charcoal grills at each table, allowing diners to enjoy an authentic Korean BBQ experience. The menu offers premium raw and marinated meats including beef ribs, pork ribs, chicken, and seasonal vegetables, along with popular Korean dishes such as Bulgogi, Jeyuk, Bibimbap, and Korean fried chicken. The premises include a fully equipped commercial kitchen, cool room, ample storage, and seating for 100 customers indoors and 20 outdoors. The venue also holds a full liquor license, enhancing dining experience and revenue opportunities.

Summary

  • Features: Prime Central Coast location. - No direct competition in the area -Fully fitted kitchen with high-end charcoal BBQ setup -Loyal and growing customer base
  • Potential: Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.- Can open 7 days
  • Premises: This business has an area of 239 sq. mts. including storage and cool room
  • Trading Hours: 6 days - Tuesday to Thursday: 5:00 pm to 9:00 pm. Friday to Sunday: 11:30 am to 2:00 pm & 5:00 pm to 9:00 pm.
  • Lease: 5 years lease expires July 2028- New lease available upon negotiation -5% annual rent increases. - 3 months bank guarantee required
  • Employees: 1 owner + 1 full timer + 8 casuals
  • Sale Reason: Owner is pursuing another business venture.
  • Comments: Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. Inspections only through your SBX broker.

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)

$17,000

Cost of Goods

$4,000

Gross Profit

$13,000

Rent

$3,200

Wages

$1,850

Outgoings

$617

Telephone

$20

Insurance

$30

Electricity

$100

Gas

$125

Misc1

$58

Total Expenses

$6,000

Estimated Stock (Additional)

$10,000

Net Profit

$7,000

Price

$370,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean BBQ Cuisine

Business Code: FN1306
Price: $370,000
+ Estimated Stock (SAV) $10,000

Key Features: Restaurant -Korean BBQ Cuisine - Nets over $7,000 p.w.-Central Coast

State: NSW

Location: Situated in newly built shopping centre close to highway in the Central Coast.

Business Overview

Korean BBQ restaurant featuring tabletop charcoal grills at each table, allowing diners to enjoy an authentic Korean BBQ experience. The menu offers premium raw and marinated meats including beef ribs, pork ribs, chicken, and seasonal vegetables, along with popular Korean dishes such as Bulgogi, Jeyuk, Bibimbap, and Korean fried chicken. The premises include a fully equipped commercial kitchen, cool room, ample storage, and seating for 100 customers indoors and 20 outdoors. The venue also holds a full liquor license, enhancing dining experience and revenue opportunities.

Summary

  • Key Features: Prime Central Coast location. - No direct competition in the area -Fully fitted kitchen with high-end charcoal BBQ setup -Loyal and growing customer base
  • Potential: Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.- Can open 7 days
  • Premises: This business has an area of 239 sq. mts. including storage and cool room
  • Trading Hours: 6 days - Tuesday to Thursday: 5:00 pm to 9:00 pm. Friday to Sunday: 11:30 am to 2:00 pm & 5:00 pm to 9:00 pm.
  • Lease: 5 years lease expires July 2028- New lease available upon negotiation -5% annual rent increases. - 3 months bank guarantee required
  • Employees: 1 owner + 1 full timer + 8 casuals
  • Sale Reason: Owner is pursuing another business venture.
  • Comments: Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. Inspections only through your SBX broker.

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

$17,000

Cost of Goods

$4,000

Gross Profit

$13,000

Rent (ex GST)

$3,200

Wages

$1,850

Outgoings

$617

Telephone

$20

Insurance

$30

Electricity

$100

Gas

$125

Misc1

$58

Total Expenses

$6,000

Estimated Stock (Additional)

$10,000

Net Profit

$7,000

Price

$370,000
+ 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.