Visit this listing at https://www.sbx.com.au/business?id=W1675

Business Code: W1675

Key Features: Profitable

State: NSW

Location: Situated at entrance of major shopping centre close to train station on very busy shopping strip main road.

Description

Restaurant serving Korean BBQ cuisine, chicken menu, hotpot, rice, seafood. - 120 seats - Cool room and freezer room - Licenced. - All tables imported from Korea with new modern smokeless BBQ machines.

Summary

  • Features: Top class excellent shop fitout - Best location - All kitchen equipment is new and high quality. - No competition
  • Potential: Promote lunch specials and BBQ specials. - experienced couple could save on wages. - Ideal for functions and meetings.
  • Premises: This business has an area of 390 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m. - 10:00 p.m.
  • Lease: 5 year lease from December, 2018 - 3 months bond - Rent increases by 3%
  • Employees: Fully under management - 6 -7 fulltimers + 15 - 19 parttimers.
  • Comments: Rent includes outgoings and gst. - Stock includes frozen food, meats, Wagyu, wine, beer. - During Christmas season average sales were $100,000 per week. - High standard, elegant shop fittings - All new furniture imported overseas. - Urgent sale - owner planning to open another 3 businesses. - A must inspection

Weekly Summary

Weekly Takings (inc GST)

$48,000

Cost of Goods

$14,000

Gross Profit

$34,000

Rent

$7,000

Wages

$13,000

Electricity

$154

Gas

$77

Misc1

$769

Total Expenses

$21,000

Estimated Stock (Additional)

$25,000

Net Profit

$13,000

Price

$500,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine

Business Code: W1675
Price: $500,000

Key Features: Profitable

State: NSW

Location: Situated at entrance of major shopping centre close to train station on very busy shopping strip main road.

Description

Restaurant serving Korean BBQ cuisine, chicken menu, hotpot, rice, seafood. - 120 seats - Cool room and freezer room - Licenced. - All tables imported from Korea with new modern smokeless BBQ machines.

Summary

  • Features: Top class excellent shop fitout - Best location - All kitchen equipment is new and high quality. - No competition
  • Potential: Promote lunch specials and BBQ specials. - experienced couple could save on wages. - Ideal for functions and meetings.
  • Premises: This business has an area of 390 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m. - 10:00 p.m.
  • Lease: 5 year lease from December, 2018 - 3 months bond - Rent increases by 3%
  • Employees: Fully under management - 6 -7 fulltimers + 15 - 19 parttimers.
  • Comments: Rent includes outgoings and gst. - Stock includes frozen food, meats, Wagyu, wine, beer. - During Christmas season average sales were $100,000 per week. - High standard, elegant shop fittings - All new furniture imported overseas. - Urgent sale - owner planning to open another 3 businesses. - A must inspection

Weekly Summary

Weekly Takings
(inc GST)

$48,000

Cost of Goods

$14,000

Gross Profit

$34,000

Rent (ex GST)

$7,000

Wages

$13,000

Electricity

$154

Gas

$77

Misc1

$769

Total Expenses

$21,000

Estimated Stock (Additional)

$25,000

Net Profit

$13,000

Price

$500,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.