North West Sydney
NSW
$70,000
Restaurant- Korean BBQ- Korean CuisinePrice: $285,000Net Profit: $2,900 |
Visit this listing at https://www.sbx.com.au/business?id=FN1378 |
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Business Code: FN1378 Key Features: Brand New Korean BBQ - City Fringe - Selling Below Setup Cost State: NSW Location: Prime location in a vibrant residential and commercial precinct on the Sydney City Fringe, surrounded by apartments, offices and strong local foot traffic. DescriptionRare opportunity to acquire a well-presented Korean BBQ restaurant positioned as the only dedicated Korean restaurant, enjoying limited direct competition and serving a strong mix of local residents, office workers, tourists and group diners. The restaurant specialises in authentic Korean BBQ featuring premium Australian Wagyu beef and pork, together with popular traditional Korean dishes including kimchi stew, Korean pancakes, noodles and Korean fried chicken. The business features a modern brand-new fit-out with all equipment purchased new, providing an impressive turnkey setup for an incoming operator. The premises also include a liquor licence, adding further potential to maximise dinner and group dining trade. Well suited to corporate functions, birthdays, group dining and private events, with indoor capacity for approximately 60 guests.. 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)$11,450Cost of Goods$3,450Gross Profit$8,000Rent$1,442Wages$3,000Outgoings$230Telephone$20Insurance$30Electricity$230Gas$70Misc1$78Total Expenses$5,100Estimated Stock (Additional)$5,000Net Profit$2,900Price$285,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant- Korean BBQ- Korean Cuisine
Business Code: FN1378Price: $285,000
+ Estimated Stock (SAV) $5,000
Key Features: Brand New Korean BBQ - City Fringe - Selling Below Setup Cost
State: NSW
Location: Prime location in a vibrant residential and commercial precinct on the Sydney City Fringe, surrounded by apartments, offices and strong local foot traffic.
Business Overview
Rare opportunity to acquire a well-presented Korean BBQ restaurant positioned as the only dedicated Korean restaurant, enjoying limited direct competition and serving a strong mix of local residents, office workers, tourists and group diners. The restaurant specialises in authentic Korean BBQ featuring premium Australian Wagyu beef and pork, together with popular traditional Korean dishes including kimchi stew, Korean pancakes, noodles and Korean fried chicken. The business features a modern brand-new fit-out with all equipment purchased new, providing an impressive turnkey setup for an incoming operator. The premises also include a liquor licence, adding further potential to maximise dinner and group dining trade. Well suited to corporate functions, birthdays, group dining and private events, with indoor capacity for approximately 60 guests..
Summary
- Key Features: Near new high quality fit-out and equipment throughout - Selling well below original setup cost - Low rent - Liquor licence - Cool room and freezer room - Rare turnkey Korean BBQ opportunity - Ready for an experienced operator to take over and commence trading.
- Potential: Introduce delivery services to generate additional sales. Increase online and social media marketing. - Ideal for an owner-operator or family business to reduce wage costs and improve profitability. - Further potential to extend trading hours and open 7 days.
- Premises: Spacious 143 sq.m premises with high-quality near-new fit-out and equipment throughout. Fully equipped with cool room, freezer room and ample storage.
- Trading Hours: 6 days - Tuesday to Sunday: 11:30 am to 3 pm & 4:30 pm to 10 pm
- Lease: 5 + 5 year lease commenced April 2025 - 4% increase per year - 3 months bond
- Employees: 1 owner + 2 full timers + 2 casuals
- Sale Reason: Vendor currently operates two restaurants and has decided to sell this business to focus more time and resources on the other restaurant.
- Comments:
Rare turnkey Korean BBQ opportunity with near-new high-quality fit-out and equipment throughout. Offered well below the original setup cost, allowing an incoming operator to avoid the substantial cost and time involved in establishing a new restaurant from scratch. Sale includes the fit-out, equipment and lease opportunity. Existing brand, branding and proprietary recipes / IP are excluded. - General operational training and handover will be provided.
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
$11,450
Cost of Goods
$3,450
Gross Profit
$8,000
Rent (ex GST)
$1,442
Wages
$3,000
Outgoings
$230
Telephone
$20
Insurance
$30
Electricity
$230
Gas
$70
Misc1
$78
Total Expenses
$5,100
Estimated Stock (Additional)
$5,000
Net Profit
$2,900
Price
$285,000
+ Estimated Stock (SAV) $5,000
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