Visit this listing at https://www.sbx.com.au/business?id=W1694

Business Code: W1694

Key Features: Restaurant - Sales $10,000 pw - Korean Cuisine - Inner West Nsw - Seats 32 - Profit $4,300 pw - New Fit out

State: NSW

Location: Situated in cafe, restaurant strip in Inner West

Description

Restaurant serving Korean cuisine including a variety of tasty Tofu dishes, fried chicken, 31 varieties of original Korean cuisine, cold noodles, hot pots, Soju and drinks - 32 seats inside - licensed.

Summary

  • Features: Low cost of goods - Repeat regular customers. - Very high margin on food. - Attractive wooden furniture shop fit out.
  • Potential: Asian food experienced couple could save on wages and increase sales.
  • Premises: This business has an area of 45 sq.mts.
  • Trading Hours: 7 days. - 11:00 a.m. - 10:00 p.m.
  • Lease: 9 year lease commenced May, 2018. - 3 month bond - Rent increases 4% per year.
  • Employees: Under Management - 2 fulltimers. +. 1 parttimer
  • Comments: Newly set up one year ago. - all equipment is new. - Lease and equipment only with no business the cost is $100,000 and includes Tofu making machine($20,000) - 1 chiller - 3 fridges plus other equipment. - Rent includes outgoings - fixed water rate $60 per month.

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$1,500

Gross Profit

$8,500

Rent

$1,092

Wages

$2,200

Electricity

$55

Gas

$40

Misc1

$813

Total Expenses

$4,200

Estimated Stock (Additional)

$2,500

Equipment (Included)

$100,000

Net Profit

$4,300

Price

$175,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine

Business Code: W1694
Price: $175,000

Key Features: Restaurant - Sales $10,000 pw - Korean Cuisine - Inner West Nsw - Seats 32 - Profit $4,300 pw - New Fit out

State: NSW

Location: Situated in cafe, restaurant strip in Inner West

Description

Restaurant serving Korean cuisine including a variety of tasty Tofu dishes, fried chicken, 31 varieties of original Korean cuisine, cold noodles, hot pots, Soju and drinks - 32 seats inside - licensed.

Summary

  • Features: Low cost of goods - Repeat regular customers. - Very high margin on food. - Attractive wooden furniture shop fit out.
  • Potential: Asian food experienced couple could save on wages and increase sales.
  • Premises: This business has an area of 45 sq.mts.
  • Trading Hours: 7 days. - 11:00 a.m. - 10:00 p.m.
  • Lease: 9 year lease commenced May, 2018. - 3 month bond - Rent increases 4% per year.
  • Employees: Under Management - 2 fulltimers. +. 1 parttimer
  • Comments: Newly set up one year ago. - all equipment is new. - Lease and equipment only with no business the cost is $100,000 and includes Tofu making machine($20,000) - 1 chiller - 3 fridges plus other equipment. - Rent includes outgoings - fixed water rate $60 per month.

Weekly Summary

Weekly Takings
(inc GST)

$10,000

Cost of Goods

$1,500

Gross Profit

$8,500

Rent (ex GST)

$1,092

Wages

$2,200

Electricity

$55

Gas

$40

Misc1

$813

Total Expenses

$4,200

Estimated Stock (Additional)

$2,500

Equipment (Included)

$100,000

Net Profit

$4,300

Price

$175,000

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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.