Visit this listing at https://www.sbx.com.au/business?id=FN1356

Business Code: FN1356

Key Features: Takeaway - Korean Street Food - Foodcourt - Prime location Inner West Sydney

State: NSW

Location: Situated in a bustling food court within a shopping centre in an Inner West Sydney suburb, with high visibility and steady customer flow.

Description

Well-established Korean street food takeaway franchise. The menu features popular Korean street food items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, kransky sausage and drinks, attracting strong interest from both local residents and visitors. The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner. This business is an excellent opportunity for a couple or family operators to run together and improve profitability by reducing wages.

Summary

  • Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.
  • Potential: Ideal for owner-operator couple to reduce staff costs and increase profit- Expand catering and delivery services- New apartments and developments nearby will increase customer flow- Potential to extend trading hours to 10 pm- Growing residential developments nearby increasing customer traffic
  • Premises: This business has an area of 67.2 sq. mts. with 12 sq.mts. storage
  • Trading Hours: 7 days - Shopping centre hours. - Monday to Sunday: 10 a.m to 8 p.m.
  • Lease: 7 years lease commenced December 2023 - 4% increases - 3 month bond
  • Employees: 1 owner + 2 full timers +. 2 casuals
  • Sale Reason: Owner pursuing another venture
  • Comments:

    This business is part of a growing franchise network with 10 locations across Sydney, offering the stability and support of a well-established brand.- Misc.-1- Franchise fee: 4% plus GST of net sales - Rent includes outgoings.-Inspection is highly recommended, but please be discreet.


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)

$13,800

Cost of Goods

$4,830

Gross Profit

$8,970

Rent

$3,130

Wages

$2,705

Telephone

$25

Insurance

$25

Electricity

$442

Gas

$121

Misc1

$570

Total Expenses

$7,018

Estimated Stock (Additional)

$10,000

Net Profit

$1,952

Price

$60,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Korean Cuisine - Foodcourt -Franchise

Business Code: FN1356
Price: $60,000
+ Estimated Stock (SAV) $10,000

Key Features: Takeaway - Korean Street Food - Foodcourt - Prime location Inner West Sydney

State: NSW

Location: Situated in a bustling food court within a shopping centre in an Inner West Sydney suburb, with high visibility and steady customer flow.

Business Overview

Well-established Korean street food takeaway franchise. The menu features popular Korean street food items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, kransky sausage and drinks, attracting strong interest from both local residents and visitors. The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner. This business is an excellent opportunity for a couple or family operators to run together and improve profitability by reducing wages.

Summary

  • Key Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.
  • Potential: Ideal for owner-operator couple to reduce staff costs and increase profit- Expand catering and delivery services- New apartments and developments nearby will increase customer flow- Potential to extend trading hours to 10 pm- Growing residential developments nearby increasing customer traffic
  • Premises: This business has an area of 67.2 sq. mts. with 12 sq.mts. storage
  • Trading Hours: 7 days - Shopping centre hours. - Monday to Sunday: 10 a.m to 8 p.m.
  • Lease: 7 years lease commenced December 2023 - 4% increases - 3 month bond
  • Employees: 1 owner + 2 full timers +. 2 casuals
  • Sale Reason: Owner pursuing another venture
  • Comments:

    This business is part of a growing franchise network with 10 locations across Sydney, offering the stability and support of a well-established brand.- Misc.-1- Franchise fee: 4% plus GST of net sales - Rent includes outgoings.-Inspection is highly recommended, but please be discreet.


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

$13,800

Cost of Goods

$4,830

Gross Profit

$8,970

Rent (ex GST)

$3,130

Wages

$2,705

Telephone

$25

Insurance

$25

Electricity

$442

Gas

$121

Misc1

$570

Total Expenses

$7,018

Estimated Stock (Additional)

$10,000

Net Profit

$1,952

Price

$60,000
+ Estimated Stock (SAV) $10,000

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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.