Inner West
NSW
$650,000
Restaurant- Korean Cuisine- FranchisePrice: $380,000Net Profit: $8,780 |
Visit this listing at https://www.sbx.com.au/business?id=FN1376 |
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Business Code: FN1376 Key Features: Korean Franchise Restaurant - - Nets over $8,000 p.w. - Inner West Sydney State: NSW Location: Situated in one of Sydney's rapidly developing high-density residential precincts in the Inner West. The surrounding area continues to benefit from substantial new apartment construction and new residents moving into the area. DescriptionWell-established Korean premium franchise restaurant located in the rapidly growing Inner West area. This modern restaurant specialises in premium Korean-style pork and a broad range of popular dishes including cheese, curry udon, tteokbokki, spicy pork, noodles and Korean-style hot dishes. An international expanding Korean brand with stores across Korea, Australia and the USA. This store represents an excellent opportunity to acquire an established franchise operation with a virtually new fit-out and equipment package. - The premises has 50 indoor seats, a full commercial kitchen, cool room and liquor licence. 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)$28,000Cost of Goods$7,280Gross Profit$20,720Rent$3,000Wages$7,000Outgoings$520Telephone$20Insurance$30Electricity$220Gas$250Misc1$840Misc2$60Total Expenses$11,940Estimated Stock (Additional)$10,000Net Profit$8,780Price$380,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant- Korean Cuisine- Franchise
Business Code: FN1376Price: $380,000
+ Estimated Stock (SAV) $10,000
Key Features: Korean Franchise Restaurant - - Nets over $8,000 p.w. - Inner West Sydney
State: NSW
Location: Situated in one of Sydney's rapidly developing high-density residential precincts in the Inner West. The surrounding area continues to benefit from substantial new apartment construction and new residents moving into the area.
Business Overview
Well-established Korean premium franchise restaurant located in the rapidly growing Inner West area. This modern restaurant specialises in premium Korean-style pork and a broad range of popular dishes including cheese, curry udon, tteokbokki, spicy pork, noodles and Korean-style hot dishes. An international expanding Korean brand with stores across Korea, Australia and the USA. This store represents an excellent opportunity to acquire an established franchise operation with a virtually new fit-out and equipment package. - The premises has 50 indoor seats, a full commercial kitchen, cool room and liquor licence.
Summary
- Key Features: Internationally expanding Korean franchise brand - Fully under Management - Almost new fit-out and equipment - Full commercial kitchen - Liquor licence - Low franchise fee of only 3% of sales - Growing residential catchment area.
- Potential: Excellent opportunity for a motivated owner-operator or couple to take a hands-on role and further improve profitability by reducing management and wage costs.- Further growth in the surrounding area, together with new local infrastructure, education facilities and transport improvements, is expected to increase the customer catchment.-Opportunity to further increase takeaway and delivery sales, local area marketing and catering.
- Premises: Modern and beautifully presented restaurant of approx. 145 sq.mts. The premises feature a near-new contemporary fit-out, full commercial kitchen, cool room and extensive commercial restaurant equipment. Most of the fit-out, fixtures and equipment are relatively new.
- Trading Hours: 7 days - Monday to Sunday: 11:30 a.m to 8:30 p.m
- Lease: Current 5 + 5 year lease commenced April 2026 - 3 months bond - Annual rent increase of 4%.
- Employees: Under full Management - 2 full timers + 2 casuals
- Sale Reason: The owner is the Australian franchisor and wishes to focus on developing and expanding the franchise network.
- Comments:
An established Korean brand with an expanding international presence. - Misc.1: Franchise fee: 3% of gross sales - .No franchise joining fee and no training fee. - Excellent opportunity to acquire an established store at an early stage of a growing international franchise brand.
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
$28,000
Cost of Goods
$7,280
Gross Profit
$20,720
Rent (ex GST)
$3,000
Wages
$7,000
Outgoings
$520
Telephone
$20
Insurance
$30
Electricity
$220
Gas
$250
Misc1
$840
Misc2
$60
Total Expenses
$11,940
Estimated Stock (Additional)
$10,000
Net Profit
$8,780
Price
$380,000
+ Estimated Stock (SAV) $10,000
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