Inner West
NSW
$55,000
Restaurant - Korean CuisinePrice: $370,000Net Profit: $8,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1325 |
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Business Code: FN1325 Key Features: Korean Cuisine- Fried chicken- North West Sydney- Nets $8000 p.w. State: NSW Location: Prime location in busy Asian community dining area in North West Sydney, surrounded by popular restaurants and strong residential catchment DescriptionRestaurant specialising in Korean fusion cuisine and fried chicken with a wide range of popular dishes. Menu includes crispy Korean fried chicken with soy, sweet chilli, and honey garlic sauces topped with shredded spring onion, plus Korean favourites such as teokbokki, kimchi pancakes, noodles, hot pots, and more. Licensed premises with seating for 70 inside, full commercial kitchen, cool room, and fridge room.
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)$28,000Cost of Goods$8,400Gross Profit$19,600Rent$1,379Wages$9,000Outgoings$215Telephone$20Insurance$52Electricity$550Gas$384Total Expenses$11,600Estimated Stock (Additional)$5,000Net Profit$8,000Price$370,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1325Price: $370,000
+ Estimated Stock (SAV) $5,000
Key Features: Korean Cuisine- Fried chicken- North West Sydney- Nets $8000 p.w.
State: NSW
Location: Prime location in busy Asian community dining area in North West Sydney, surrounded by popular restaurants and strong residential catchment
Business Overview
Restaurant specialising in Korean fusion cuisine and fried chicken with a wide range of popular dishes. Menu includes crispy Korean fried chicken with soy, sweet chilli, and honey garlic sauces topped with shredded spring onion, plus Korean favourites such as teokbokki, kimchi pancakes, noodles, hot pots, and more. Licensed premises with seating for 70 inside, full commercial kitchen, cool room, and fridge room.
Summary
- Key Features: Excellent reputation with a unique brand identity- Strong regular customer base- No direct competition in the area- Spacious and well-designed fit-out- Stable and growing business with strong customer demand
- Potential: Significant upside for owner-operator or family-run business- Delivery service can be introduced to capture surrounding residential and apartment market- Room to expand marketing and online presence to further increase sales
- Premises: Well-presented shop with an area of approx. 145 sq.mts, fully fitted with premium kitchen facilities and cool room.
- Trading Hours: 7 days - Monday to Thursday & Sunday: 12:00 to 10 pm. Friday & Saturday: 11 am to 10:30 pm
- Lease: 5 years option commenced August 2025 - 3 months bond - 4% increases
- Employees: Under full management - 5 full timers + 4 casuals
- Sale Reason: Other business venture
- Comments: Managers wage has been excluded from current wage costs to show true net profit on an owner-operator basis- Full training with recipes included- Motivated vendor - inspection highly recommended.
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
$28,000
Cost of Goods
$8,400
Gross Profit
$19,600
Rent (ex GST)
$1,379
Wages
$9,000
Outgoings
$215
Telephone
$20
Insurance
$52
Electricity
$550
Gas
$384
Total Expenses
$11,600
Estimated Stock (Additional)
$5,000
Net Profit
$8,000
Price
$370,000
+ Estimated Stock (SAV) $5,000
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