North West Sydney
NSW
$370,000
Restaurant - Korean CuisinePrice: $400,000Net Profit: $12,500 |
Visit this listing at https://www.sbx.com.au/business?id=FN1362 |
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Business Code: FN1362 Key Features: Busy Haymarket Korean Restaurant – $46k Weekly sales - $12k profit p.w. State: NSW Location: Prime location in the heart of Haymarket with strong pedestrian traffic near Central Station and Chinatown DescriptionWell-established Korean casual dining restaurant offering authentic Korean cuisine in a vibrant and welcoming atmosphere. The menu includes a wide range of popular Korean dishes such as Korean fried chicken, spicy pork dishes, hotpot, Korean pancakes, stir-fried seafood, pork belly, fish cake soup, Korean-style rice dishes, and a variety of Korean pocha-style bar snacks and drinks. - Positioned on busy CBD street within one of Sydney’s most popular Asian dining precincts, the business benefits from strong pedestrian traffic and a loyal customer base including students, city workers, tourists, and Korean food lovers. Fully equipped commercial kitchen, 108 seats inside, storage facilities, full liquor licence until 2 a.m., and an established takeaway and delivery platform presence support smooth day-to-day operation and strong late-night dining potential. 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)$46,000Cost of Goods$14,000Gross Profit$32,000Rent$5,900Wages$12,000Outgoings$770Telephone$20Insurance$30Electricity$460Gas$230Misc1$90Total Expenses$19,500Estimated Stock (Additional)$10,000Net Profit$12,500Price$400,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1362Price: $400,000
+ Estimated Stock (SAV) $10,000
Key Features: Busy Haymarket Korean Restaurant – $46k Weekly sales - $12k profit p.w.
State: NSW
Location: Prime location in the heart of Haymarket with strong pedestrian traffic near Central Station and Chinatown
Business Overview
Well-established Korean casual dining restaurant offering authentic Korean cuisine in a vibrant and welcoming atmosphere. The menu includes a wide range of popular Korean dishes such as Korean fried chicken, spicy pork dishes, hotpot, Korean pancakes, stir-fried seafood, pork belly, fish cake soup, Korean-style rice dishes, and a variety of Korean pocha-style bar snacks and drinks. -
Positioned on busy CBD street within one of Sydney’s most popular Asian dining precincts, the business benefits from strong pedestrian traffic and a loyal customer base including students, city workers, tourists, and Korean food lovers. Fully equipped commercial kitchen, 108 seats inside, storage facilities, full liquor licence until 2 a.m., and an established takeaway and delivery platform presence support smooth day-to-day operation and strong late-night dining potential.
Summary
- Key Features: Prime CBD location - Well established Korean restaurant with loyal customer base-Spacious two-level dining layout suitable for group bookings and functions - Modern and welcoming interior atmosphere with warm lighting.
- Potential: Ideal opportunity for family-run business with manageable operation structure - Well suited for experienced hospitality operators or buyers looking to enter Sydney’s growing Korean dining market. - Potential to introduce new menu items, Korean drinking culture concepts, or seasonal promotions to further grow sales
- Premises: Spacious two-level restaurant with an area of 270 sq. mts. including modern dining areas, food lift system between floors, fully equipped commercial kitchen, storage facilities, and efficient operational layout.
- Trading Hours: 7 days - Mon. - Sun. - 11:30 a.m. - 12:00 p.m
- Lease: 5 + 5 years lease commenced Nov. 2023 - 4 months bond - 4% increases per year
- Employees: Currently operated under semi-management structure with experienced staff in place.- Lunch shift: 2 full-timers and 2 casual staff - Dinner shift: 3 full-timers and 3 casual staff.
- Sale Reason: Owner has recently opened another restaurant business and is focusing on managing multiple operations.
- Comments:
Further price negotiation may be possible if the buyer does not require the business name and recipes.
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
$46,000
Cost of Goods
$14,000
Gross Profit
$32,000
Rent (ex GST)
$5,900
Wages
$12,000
Outgoings
$770
Telephone
$20
Insurance
$30
Electricity
$460
Gas
$230
Misc1
$90
Total Expenses
$19,500
Estimated Stock (Additional)
$10,000
Net Profit
$12,500
Price
$400,000
+ Estimated Stock (SAV) $10,000
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