Inner West
NSW
$95,000
Restaurant -Takeaway- Korean Cuisine- ChickenPrice: $180,000Net Profit: $7,500 |
Visit this listing at https://www.sbx.com.au/business?id=FN1372 |
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Business Code: FN1372 Key Features: Korean Fried Chicken Restaurant - Inner West Sydney - Nets Over $7,000 p.w. State: NSW Location: Prime location in busy Asian community dining area in Inner West Sydney shopping centre surrounded by popular restaurants and strong residential catchment. DescriptionWell-established Korean restaurant specialising in Korean fried chicken and popular Korean dishes. The menu features a variety of signature fried chicken flavours including sweet & spicy, honey soy garlic, snow cheese and spring onion, together with customer favourites such as bibimbap, kimchi fried rice, tteokbokki, kimchi stew and seafood pancakes.- The business has built a strong reputation within the local community and enjoys excellent Google and Uber Eats ratings, generating a loyal customer base and strong delivery sales. Fully licensed restaurant with seating for approximately 18 customers, a full commercial kitchen and storage facilities. 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)$21,000Cost of Goods$6,000Gross Profit$15,000Rent$2,350Wages$4,000Outgoings$342Telephone$20Insurance$30Electricity$250Gas$200Misc1$308Total Expenses$7,500Estimated Stock (Additional)$3,000Net Profit$7,500Price$180,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant -Takeaway- Korean Cuisine- Chicken
Business Code: FN1372Price: $180,000
+ Estimated Stock (SAV) $3,000
Key Features: Korean Fried Chicken Restaurant - Inner West Sydney - Nets Over $7,000 p.w.
State: NSW
Location: Prime location in busy Asian community dining area in Inner West Sydney shopping centre surrounded by popular restaurants and strong residential catchment.
Business Overview
Well-established Korean restaurant specialising in Korean fried chicken and popular Korean dishes. The menu features a variety of signature fried chicken flavours including sweet & spicy, honey soy garlic, snow cheese and spring onion, together with customer favourites such as bibimbap, kimchi fried rice, tteokbokki, kimchi stew and seafood pancakes.-
The business has built a strong reputation within the local community and enjoys excellent Google and Uber Eats ratings, generating a loyal customer base and strong delivery sales.
Fully licensed restaurant with seating for approximately 18 customers, a full commercial kitchen and storage facilities.
Summary
- Key Features: Prime position at the entrance of a busy shopping centre - Outstanding Google and Uber Eats ratings and customer reviews - Strong local brand recognition - Approx. 50% of sales generated through delivery platforms- Loyal and repeat customer base- No competition- - Excellent value for a highly profitable business- Priced attractively for a quick sale despite strong profitability
- Potential: Significant upside for an owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-Trading hours can be extended until 10:00 pm to maximise revenue, and outdoor seating may be available providing additional customer capacity and exposure.
- Premises: Well-presented shop with an area of approx. 64 sq.mts, fully fitted with full kitchen facilities and storage
- Trading Hours: 7 days - 11 a.m. - 9 p.m.
- Lease: 7 years lease commenced Sep. 2024 - 3 months bond - 4% increase
- Employees: 1 owner + 1 full timer + 1 casual
- Sale Reason: Other venture
- Comments:
Genuine sales records available.- Fully renovated just 1 year ago. The premises are presented in excellent condition, with little to no additional fit-out or equipment investment required after purchase.- Rare opportunity to acquire a highly profitable Korean restaurant at a very reasonable asking price.
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
$21,000
Cost of Goods
$6,000
Gross Profit
$15,000
Rent (ex GST)
$2,350
Wages
$4,000
Outgoings
$342
Telephone
$20
Insurance
$30
Electricity
$250
Gas
$200
Misc1
$308
Total Expenses
$7,500
Estimated Stock (Additional)
$3,000
Net Profit
$7,500
Price
$180,000
+ Estimated Stock (SAV) $3,000
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