Inner West
NSW
$30,000
Restaurant - Korean Cuisine- BBQPrice: $170,000Net Profit: $7,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1345 |
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Business Code: FN1345 Key Features: Restaurant - Korean BBQ Cuisine - Nets $ 7,000 p.w - Inner West Sydney State: NSW Location: Situated on a vibrant restaurant strip along a busy main road, only a short distance from a major Inner West train station, providing excellent visibility, high foot traffic, and easy access. DescriptionWell-established restaurant serving authentic pocha - style Korean cuisine, including BBQ marinated pork ribs, beef steak, hotpot, cheese & potato pancakes, spicy pork ribs stew, pork belly, Korean-style cutlets, fish cakes, stir-fried seafood, mussel soup, and popular Korean fried chicken with beer and bar snacks. The restaurant offers a vibrant dining experience with 30 indoor seats and 41 outdoor seats in a bright and sunny courtyard area. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. Full liquor licence in place. Warm and friendly staff create a welcoming atmosphere.
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$6,400Gross Profit$15,600Rent$3,000Wages$5,000Outgoings$200Telephone$20Insurance$50Electricity$150Gas$80Misc1$100Total Expenses$8,600Estimated 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 Cuisine- BBQ
Business Code: FN1345Price: $170,000
+ Estimated Stock (SAV) $5,000
Key Features: Restaurant - Korean BBQ Cuisine - Nets $ 7,000 p.w - Inner West Sydney
State: NSW
Location: Situated on a vibrant restaurant strip along a busy main road, only a short distance from a major Inner West train station, providing excellent visibility, high foot traffic, and easy access.
Business Overview
Well-established restaurant serving authentic pocha - style Korean cuisine, including BBQ marinated pork ribs, beef steak, hotpot, cheese & potato pancakes, spicy pork ribs stew, pork belly, Korean-style cutlets, fish cakes, stir-fried seafood, mussel soup, and popular Korean fried chicken with beer and bar snacks. The restaurant offers a vibrant dining experience with 30 indoor seats and 41 outdoor seats in a bright and sunny courtyard area. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. Full liquor licence in place. Warm and friendly staff create a welcoming atmosphere.
Summary
- Key Features: Prime location on a busy Inner West dining strip near train station.- Spacious 100 sq.m. modern fit-out with an attractive outdoor dining area.- Long-established business of over 20 years with a strong base of loyal regular customers.- Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence, quality equipment, and established operating systems in place.
- Potential: Excellent opportunity for a family-run or owner-operator business.- Add delivery or catering services to increase weekly sales.- While currently operating as a Korean BBQ Pocha-style restaurant, the premises are also suitable for other Asian restaurant concepts, such as Nepalian, Chinese, or fusion dining.- Perfect for an experienced Asian cuisine chef or operator seeking a ready-to-run business in a high-demand Inner West area.
- Premises: Asian restaurant with a modern fit out and an area of 100 sq. mts.
- Trading Hours: 7 days - Monday to Friday: 10:30 am to 12:00 midnight Saturday / Sunday: 3:00 pm. to 12:00 midnight
- Lease: 4 + 4 year lease commenced April 2023 - 5 months bond - Rent increases 5% per year.
- Employees: 1 owner + 2 full-timers + 2 casuals
- Sale Reason: Relocation
- Comments: Beautifully presented Korean BBQ & Pocha-style restaurant with full liquor licence and strong weekly sales. Vendor will provide full training and recipes. Inspection highly recommended - contact your SBX Business 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
$22,000
Cost of Goods
$6,400
Gross Profit
$15,600
Rent (ex GST)
$3,000
Wages
$5,000
Outgoings
$200
Telephone
$20
Insurance
$50
Electricity
$150
Gas
$80
Misc1
$100
Total Expenses
$8,600
Estimated Stock (Additional)
$5,000
Net Profit
$7,000
Price
$170,000
+ Estimated Stock (SAV) $5,000
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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.