Inner West
NSW
$120,000
Restaurant - Korean CuisinePrice: $550,000Net Profit: $16,000 |
Visit this listing at https://www.sbx.com.au/business?id=FN1369 |
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Business Code: FN1369 Key Features: Korean BBQ Restaurant - Inner West Sydney - Profit $16,000 p.w. State: NSW Location: Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking. DescriptionWell-known Korean BBQ restaurant specialising in premium pork and duck dishes, complemented by a wide range of traditional Korean favourites including marinated meats, Korean fried chicken, hot pots, seafood dishes, and authentic side dishes. The venue offers 56 indoor seats, creating a comfortable and vibrant dining atmosphere suitable for family gatherings, group functions, and corporate events. Fully equipped with BBQ tables, a commercial kitchen, cool room, and ample storage area, the business is designed for efficient and profitable operations. Licensed premises with a strong local reputation and loyal customer base. 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)$30,000Cost of Goods$7,500Gross Profit$22,500Rent$1,800Wages$3,500Outgoings$220Telephone$20Insurance$30Electricity$460Gas$280Misc1$190Total Expenses$6,500Estimated Stock (Additional)$10,000Net Profit$16,000Price$550,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: FN1369Price: $550,000
+ Estimated Stock (SAV) $10,000
Key Features: Korean BBQ Restaurant - Inner West Sydney - Profit $16,000 p.w.
State: NSW
Location: Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking.
Business Overview
Well-known Korean BBQ restaurant specialising in premium pork and duck dishes, complemented by a wide range of traditional Korean favourites including marinated meats, Korean fried chicken, hot pots, seafood dishes, and authentic side dishes. The venue offers 56 indoor seats, creating a comfortable and vibrant dining atmosphere suitable for family gatherings, group functions, and corporate events. Fully equipped with BBQ tables, a commercial kitchen, cool room, and ample storage area, the business is designed for efficient and profitable operations. Licensed premises with a strong local reputation and loyal customer base.
Summary
- Key Features: Well-established Korean BBQ restaurant -Strong weekly sales and excellent profitability.-Licensed premises.-Prime location in a popular Korean dining precinct.-Loyal repeat customer base.-Fully equipped restaurant operation.-High-profile street exposure.-Easy-to-operate business with experienced staff.
- Potential: Ideal for an owner-operator or family business.-Opportunity to increase sales through catering, functions, and online delivery platforms.-Potential to grow liquor sales through promotions and group bookings.-Benefit from growing residential population and strong Korean community.-Potential to extend trading hours or introduce lunch service.
- Premises: Well-presented restaurant of approx. 95 sq. .mts, The premises feature a fully equipped commercial kitchen, BBQ dining setup, cool room, storage facilities, preparation area, and quality fit-out throughout, providing an efficient and easy-to-manage operation.dining facilities designed for charcoal BBQ operations.
- Trading Hours: 6 days - Mon. Wed - Sun. - 3 p.m.-10 p.m - Closed Tuesday
- Lease: 5 + 5 year lease commenced June 2023 - 3 months bond, Increases 4% per annum
- Employees: 2 owners + 3 full-timers + 4 casual staff.
- Sale Reason: Owner pursuing other business opportunities and new ventures.
- Comments:
A highly regarded Korean BBQ restaurant with strong weekly turnover, excellent profitability, and an established customer base. A rare opportunity to acquire a successful and well-known hospitality business in the heart of Lidcombe's Korean precinct.
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
$30,000
Cost of Goods
$7,500
Gross Profit
$22,500
Rent (ex GST)
$1,800
Wages
$3,500
Outgoings
$220
Telephone
$20
Insurance
$30
Electricity
$460
Gas
$280
Misc1
$190
Total Expenses
$6,500
Estimated Stock (Additional)
$10,000
Net Profit
$16,000
Price
$550,000
+ Estimated Stock (SAV) $10,000
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