Inner West
NSW
$95,000
Restaurant - Korean Cuisine -TakeawayPrice: $175,000Net Profit: $3,400 |
Visit this listing at https://www.sbx.com.au/business?id=FN1360 |
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Business Code: FN1360 Key Features: Restaurant- Korean fine dining - Profit $3,500 p.w - City Fringe-Top location State: NSW Location: Situated in a high-density City fringe precinct surrounded by universities, offices, residential apartments, and creative hubs, known for its trendy food scene and strong foot traffic. DescriptionWell-established modern Korean dining restaurant located in the vibrant precinct. The business offers a contemporary menu featuring popular Korean dishes including bibimbag combo, kimchi fried rice, budae jjigae, fried chicken, tteokbokkki steamed pork belly and noodle soup, supported by a strong beverage offering.- The venue presents a stylish and slightly hip dining atmosphere that suits the local demographic of students, young professionals, and creatives in the area. It includes 52 indoor seats creating a bright, relaxed and socially engaging environment. Fully equipped with a commercial kitchen, storage, and amenities, the business is ready for immediate operation. -Licenced. 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)$12,000Cost of Goods$3,600Gross Profit$8,400Rent$2,155Wages$2,200Outgoings$110Telephone$20Insurance$30Electricity$300Gas$150Misc1$35Total Expenses$5,000Estimated Stock (Additional)$5,000Net Profit$3,400Price$175,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine -Takeaway
Business Code: FN1360Price: $175,000
+ Estimated Stock (SAV) $5,000
Key Features: Restaurant- Korean fine dining - Profit $3,500 p.w - City Fringe-Top location
State: NSW
Location: Situated in a high-density City fringe precinct surrounded by universities, offices, residential apartments, and creative hubs, known for its trendy food scene and strong foot traffic.
Business Overview
Well-established modern Korean dining restaurant located in the vibrant precinct. The business offers a contemporary menu featuring popular Korean dishes including bibimbag combo, kimchi fried rice, budae jjigae, fried chicken, tteokbokkki steamed pork belly and noodle soup, supported by a strong beverage offering.-
The venue presents a stylish and slightly hip dining atmosphere that suits the local demographic of students, young professionals, and creatives in the area. It includes 52 indoor seats creating a bright, relaxed and socially engaging environment.
Fully equipped with a commercial kitchen, storage, and amenities, the business is ready for immediate operation. -Licenced.
Summary
- Key Features: Prime City fringe location-Trendy, hip-style dining environment appealing to local demographic- Strong weekly sales and consistent customer base- Full liquor licence in place- Fully equipped commercial kitchen- Well established local reputation
- Potential: Approx. 200 new university population expected nearby, driving additional foot traffic Strong evening trade supported by a late dining culture with alcohol-friendly environment up to midnight-Opportunity to expand delivery, takeaway, and catering channels- Potential to increase profitability through owner operation- Suitable for Korean, fusion, or modern casual dining concepts
- Premises: Well-presented restaurant of approx. 150 sqm including full kitchen, storage, and amenities.
- Trading Hours: 6 days - Mon. - Sat. - 11:30 a.m. - 3 p.m. - 5:30 p.m. -10 p.m.
- Lease: New 2 + 3 year lease commenced June 2026 - 4% increases per year - 3 months bond
- Employees: 2 owners, 1 casual for weekdays and 3 casusals for weekend
- Sale Reason: Owner pursuing other business interests
- Comments:
Wage based on 1 owner operating- Stylish and well-positioned modern Korean restaurant in a highly desirable inner-city location. Strong weekly sales with clear growth potential. Vendor will provide full training and recipes. 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
$12,000
Cost of Goods
$3,600
Gross Profit
$8,400
Rent (ex GST)
$2,155
Wages
$2,200
Outgoings
$110
Telephone
$20
Insurance
$30
Electricity
$300
Gas
$150
Misc1
$35
Total Expenses
$5,000
Estimated Stock (Additional)
$5,000
Net Profit
$3,400
Price
$175,000
+ Estimated Stock (SAV) $5,000
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