Inner West
NSW
$80,000
Restaurant - Korean CuisinePrice: $960,000Net Profit: $15,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1326 |
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Business Code: FN1326 Key Features: Halal Korean Charcoal BBQ Buffet - Well known and popular - Nets $15,000 p.w. State: NSW Location: Prime Inner West CBD dining strip with strong pedestrian flow and public transport access. Surrounded by apartments, schools, and shopping centres. DescriptionHighly popular Halal K BBQ Charcoal Buffet restaurant located in the heart of vibrant dining precinct. Famous for authentic Korean-style charcoal barbecue that complies with Halal preparation standards, this venue attracts a loyal following from the local Muslim community and beyond with customers regularly lining up outside during dinner peaks. Offering a buffet-style Korean BBQ experience with premium meats, side dishes, and grilled selections, the restaurant has established a strong reputation as one of the busiest and highest-grossing restaurants. The premises are fitted with full charcoal-grill infrastructure, canopy extraction, grease trap, and a large commercial kitchen, allowing smooth operation and high turnover with 60 seats outside and 72 seats inside. 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)$50,000Cost of Goods$15,000Gross Profit$35,000Rent$8,695Wages$10,000Telephone$20Insurance$30Electricity$760Gas$460Misc1$35Total Expenses$20,000Equipment (Included)$10,000Net Profit$15,000Price$960,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1326Price: $960,000
Key Features: Halal Korean Charcoal BBQ Buffet - Well known and popular - Nets $15,000 p.w.
State: NSW
Location: Prime Inner West CBD dining strip with strong pedestrian flow and public transport access. Surrounded by apartments, schools, and shopping centres.
Business Overview
Highly popular Halal K BBQ Charcoal Buffet restaurant located in the heart of vibrant dining precinct. Famous for authentic Korean-style charcoal barbecue that complies with Halal preparation standards, this venue attracts a loyal following from the local Muslim community and beyond with customers regularly lining up outside during dinner peaks. Offering a buffet-style Korean BBQ experience with premium meats, side dishes, and grilled selections, the restaurant has established a strong reputation as one of the busiest and highest-grossing restaurants. The premises are fitted with full charcoal-grill infrastructure, canopy extraction, grease trap, and a large commercial kitchen, allowing smooth operation and high turnover with 60 seats outside and 72 seats inside.
Summary
- Key Features: Specialised Halal Korean Charcoal BBQ Buffet concept - Exceptionally strong customer demand and reputation - Full commercial kitchen, charcoal grill setup, canopy & exhaust systems- High revenue stream with consistent weekly sales- Well-trained staff - Proven profitability and strong local brand recognition
- Potential: Add lunch specials + weekday corporate sets- Introduce weekday lunch specials or delivery service- Promote catering and private function bookings-Extend late-night hours to capture after-dinner crowd- Liquor licence already in place - alcohol not currently served, providing immediate potential to boost sales
- Premises: The business occupies a total area of approx. 304 sq. mts, comprising: Indoor dining area 226 sq. mts. and outdoor seating area: 78 sq. mts. - plus commercial kitchen, cool room, freezer, dry storage, and staff amenities.
- Trading Hours: 7 days - Monday to Sunday: 4 pm to 9:30 pm.
- Lease: 5 + 5 years lease commenced from October 2022 - 3 months bond - 4% increases per year
- Employees: Under Management - 2 full timers + 3 to 8 casuals
- Sale Reason: Owner is planning to expand their Halal K BBQ restaurant business into other areas.
- Comments: Wage is based on 1 owner operating, currently paying $11,8000 p.w. under management- Well-equipped Korean BBQ with strong local demand and quality fit-out. Ideal for an experienced operator to drive lunch / late-night and delivery growth. - Staff not aware -inspection by appointment only through your 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
$50,000
Cost of Goods
$15,000
Gross Profit
$35,000
Rent (ex GST)
$8,695
Wages
$10,000
Telephone
$20
Insurance
$30
Electricity
$760
Gas
$460
Misc1
$35
Total Expenses
$20,000
Equipment (Included)
$10,000
Net Profit
$15,000
Price
$960,000
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