South Sydney
NSW
$259,000
Restaurant - Korean Charcoal BBQPrice: $490,000Net Profit: $10,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1344 |
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Business Code: FN1344 Key Features: Korean Charcoal BBQ - Inner West Syd. - Profit $10,000 p.w. State: NSW Location: Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking. DescriptionRestaurant serving authentic Korean charcoal BBQ cuisine, featuring tabletop grills at each table for a true Korean dining experience. The menu offers a wide range of high-quality marinated and fresh meats including beef ribs, pork belly, and chicken, complemented by assorted seafood, scallops, vegetables, and traditional Korean side dishes. Additional popular items include Korean fried chicken, hotpots, and Korean-style snacks.The restaurant provides 56 indoor seats and 56 outdoor seats, creating a lively and spacious dining environment. Fully equipped with a full commercial kitchen, cool room, and large storage area, the venue is well set up for high turnover operation.- Licensed 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)$45,000Cost of Goods$15,800Gross Profit$29,200Rent$2,820Wages$15,270Outgoings$500Telephone$20Insurance$30Electricity$230Gas$230Misc1$100Total Expenses$19,200Estimated Stock (Additional)$5,000Net Profit$10,000Price$490,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Charcoal BBQ
Business Code: FN1344Price: $490,000
+ Estimated Stock (SAV) $5,000
Key Features: Korean Charcoal BBQ - Inner West Syd. - Profit $10,000 p.w.
State: NSW
Location: Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking.
Business Overview
Restaurant serving authentic Korean charcoal BBQ cuisine, featuring tabletop grills at each table for a true Korean dining experience. The menu offers a wide range of high-quality marinated and fresh meats including beef ribs, pork belly, and chicken, complemented by assorted seafood, scallops, vegetables, and traditional Korean side dishes. Additional popular items include Korean fried chicken, hotpots, and Korean-style snacks.The restaurant provides 56 indoor seats and 56 outdoor seats, creating a lively and spacious dining environment. Fully equipped with a full commercial kitchen, cool room, and large storage area, the venue is well set up for high turnover operation.- Licensed
Summary
- Key Features: Established and profitable Korean charcoal BBQ restaurant- Large outdoor dining area- Strong cash flow with loyal customer base- Prime location in Korean area of Inner West Sydney. Licensed.
- Potential: Ideal for a family-run business or experienced owner-operator.- Opportunities to increase sales through catering, events, or delivery to nearby residential areas.-Liquor licence already in place - potential to grow alcohol sales.- High exposure location with heavy pedestrian traffic and strong local demand.
- Premises: Spacious layout with indoor and outdoor seating for 112 patrons, full kitchen, cool room, storage, and well-maintained dining facilities designed for charcoal BBQ operations.
- Trading Hours: 7 days – 12:00 pm to 1:00 am.
- Lease: 5 + 5 year lease commenced September 2022, - 5 months bond, Increases 4% per annum
- Employees: 2 owners + 3 full-timers + 4 casual staff.
- Sale Reason: Owner is selling to open a larger restaurant.
- Comments: Strong-performing and beautifully presented Korean BBQ restaurant with excellent facilities and consistent weekly sales. - Perfect opportunity for a motivated owner or investor seeking a profitable and well-established restaurant in a prime location.
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
$45,000
Cost of Goods
$15,800
Gross Profit
$29,200
Rent (ex GST)
$2,820
Wages
$15,270
Outgoings
$500
Telephone
$20
Insurance
$30
Electricity
$230
Gas
$230
Misc1
$100
Total Expenses
$19,200
Estimated Stock (Additional)
$5,000
Net Profit
$10,000
Price
$490,000
+ Estimated Stock (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.