Inner West
NSW
$650,000
Restaurant - Korean CuisinePrice: $120,000Net Profit: $2,650 |
Visit this listing at https://www.sbx.com.au/business?id=FN1365 |
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Business Code: FN1365 Key Features: Korean cuisine restaurant - Inner West - Nets over $2,500 p.w. State: NSW Location: Situated on busy main road in Asian shopping street in Inner West. DescriptionWell-established Korean cuisine restaurant known for its popular Korean comfort food and hot pot menu, attracting loyal local customers and repeat trade. Signature dishes include gamjatang, kimchi hot pot, soft tofu stew, bulgogi dishes, Korean fried chicken, and a variety of traditional Korean meals and alcoholic beverages. The restaurant is part of a famous Korean hot pot franchise brand from South Korea with over 220 stores nationwide, recognised for its rich flavoured broth, quality ingredients, and strong customer reputation. The business features 42 indoor seats and a fully equipped commercial kitchen. 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)$11,000Cost of Goods$3,000Gross Profit$8,000Rent$2,500Wages$2,000Telephone$20Insurance$30Electricity$370Gas$100Misc1$330Total Expenses$5,350Estimated Stock (Additional)$3,000Net Profit$2,650Price$120,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1365Price: $120,000
+ Estimated Stock (SAV) $3,000
Key Features: Korean cuisine restaurant - Inner West - Nets over $2,500 p.w.
State: NSW
Location: Situated on busy main road in Asian shopping street in Inner West.
Business Overview
Well-established Korean cuisine restaurant known for its popular Korean comfort food and hot pot menu, attracting loyal local customers and repeat trade. Signature dishes include gamjatang, kimchi hot pot, soft tofu stew, bulgogi dishes, Korean fried chicken, and a variety of traditional Korean meals and alcoholic beverages.
The restaurant is part of a famous Korean hot pot franchise brand from South Korea with over 220 stores nationwide, recognised for its rich flavoured broth, quality ingredients, and strong customer reputation.
The business features 42 indoor seats and a fully equipped commercial kitchen.
Summary
- Key Features: Famous Korean hot pot franchise brand- Stable sales and profitable operation- Well-known Korean restaurant in busy location- Fully equipped commercial kitchen -Strong Asian community and high foot traffic location
- Potential: Ideal family business with strong potential to increase sales through more active owner operation and online marketing. The spacious kitchen and layout would also suit various cuisines including Chinese, Thai, or other Asian concepts. There is also potential to further increase turnover by opening weekday lunch trading and extending operations to 7 days per week.
- Premises: This restaurant has an area of approx. 100 sq.mts. with a fully equipped commercial kitchen.
- Trading Hours: 6 days Tue. - Fri. - 5 p.m- 10 p.m, - Sat - Sun 11a.m- 3 p.m.- 5 p.m. - 10 p.m. Closed Mon.
- Lease: 5 + 5 years lease commenced from February 2025 with 3% annual rent increases and 5 months bond.
- Employees: Under semi management- 2 full timers + 1 casual
- Sale Reason: Owner is busy operating and opening other chain businesses.
- Comments:
A great opportunity to acquire a well-established Korean restaurant in one of Sydney's most popular Asian dining areas. Reduced price for quick sale - Invested over $170,000 in fit-out and equipment
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
$11,000
Cost of Goods
$3,000
Gross Profit
$8,000
Rent (ex GST)
$2,500
Wages
$2,000
Telephone
$20
Insurance
$30
Electricity
$370
Gas
$100
Misc1
$330
Total Expenses
$5,350
Estimated Stock (Additional)
$3,000
Net Profit
$2,650
Price
$120,000
+ Estimated Stock (SAV) $3,000
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