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.