Visit this listing at https://www.sbx.com.au/business?id=TQU1001

Business Code: TQU1001

Key Features: Profitable

State: QLD

Suburb: Surfers Paradise, 4217

Location: Close to beach and in one of the most popular shopping presincts on the Gold Coast.

Description

Korean style BBQ restaurant using natural stone for cooking meat, seafood, vegetables and serving Korean style meals as well. - Licenced. - Very popular with Asian tourists and local workforce as well. - Great fit out and well presented.

Summary

  • Features: Loyal customers established with same owner for 14 years. - Prime location on one of the Gold Coasts busiest streets.
  • Potential: Could advertise.
  • Premises: An area of approx. 50 sq. mts. with 30 indoor and 12 outdoor seats
  • Trading Hours: 7 days - Mon. - Sun. - 11:30 a.m. - 10:00 p.m.
  • Lease: Current lease expires June, 2015 and new lease negotiable with reduction (15% - 20%)
  • Employees: 4 owners + 1 casual kitchen hand
  • Comments: Great opportunity to purchase very strong and well established business. - Very strong family business with high return on investment. - Payback period is only 9 months - Rare opportunity.

Weekly Summary

Weekly Takings (inc GST)

$13,000

Cost of Goods

$5,200

Gross Profit

$7,800

Rent

$2,064

Wages

$500

Electricity

$115

Misc1

$300

Total Expenses

$2,979

Estimated Stock (Additional)

$5,000

Equipment (Included)

$20,000

Net Profit

$4,821

Price

$153,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine

Business Code: TQU1001

Key Features: Profitable

State: QLD

Suburb: Surfers Paradise, 4217

Location: Close to beach and in one of the most popular shopping presincts on the Gold Coast.

Description

Korean style BBQ restaurant using natural stone for cooking meat, seafood, vegetables and serving Korean style meals as well. - Licenced. - Very popular with Asian tourists and local workforce as well. - Great fit out and well presented.

Summary

  • Features: Loyal customers established with same owner for 14 years. - Prime location on one of the Gold Coasts busiest streets.
  • Potential: Could advertise.
  • Premises: An area of approx. 50 sq. mts. with 30 indoor and 12 outdoor seats
  • Trading Hours: 7 days - Mon. - Sun. - 11:30 a.m. - 10:00 p.m.
  • Lease: Current lease expires June, 2015 and new lease negotiable with reduction (15% - 20%)
  • Employees: 4 owners + 1 casual kitchen hand
  • Comments: Great opportunity to purchase very strong and well established business. - Very strong family business with high return on investment. - Payback period is only 9 months - Rare opportunity.

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$5,200

Gross Profit

$7,800

Rent (ex GST)

$2,064

Wages

$500

Electricity

$115

Misc1

$300

Total Expenses

$2,979

Estimated Stock (Additional)

$5,000

Equipment (Included)

$20,000

Net Profit

$4,821

Price

$153,000

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