Visit this listing at https://www.sbx.com.au/business?id=W1745

Business Code: W1745

Key Features: Korean cuisine - Takings $25,000 p.w. - Very popular restaurant

State: NSW

Location: Situated in busy retail shopping strip in Inner West Sydney.

Description

Restaurant serving Korean Cuisine specialising in famous steamed agu, noodles, bibimbap, bulgogi, side dishes (7), Chef's hot pots(10), hot plates (6), stone pots(10), - Liquor license - 65 seats inside - big commercial kitchen with cool room and storage.

Summary

  • Features: Best location - Good reputation for many years. - Regular customers - A good size restaurant in busy cafe, restaurant area.
  • Potential: Suit family business - experienced chef couple could save on wages. - Add more to menu - promote and expand home delivery
  • Premises: This business has an area of 140 sq.mts.
  • Trading Hours: 6 days - 11.30 a.m. - 10.00 p.m. - Tues. - Sun. - Closed Mondays.
  • Lease: Current lease expires November, 2021 - New 3 + 3 or 5 + 3 year lease available - 3 months bond - 4% rent increases
  • Employees: 1 owner (management only) + 4 kitchen staff + 3 serving staff
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$25,000

Cost of Goods

$8,000

Gross Profit

$17,000

Rent

$2,267

Wages

$5,300

Outgoings

$500

Electricity

$169

Gas

$160

Misc1

$120

Misc2

$284

Total Expenses

$8,800

Estimated Stock (Additional)

$7,000

Net Profit

$8,200

Price

$249,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine

Business Code: W1745
Price: $249,000

Key Features: Korean cuisine - Takings $25,000 p.w. - Very popular restaurant

State: NSW

Location: Situated in busy retail shopping strip in Inner West Sydney.

Description

Restaurant serving Korean Cuisine specialising in famous steamed agu, noodles, bibimbap, bulgogi, side dishes (7), Chef's hot pots(10), hot plates (6), stone pots(10), - Liquor license - 65 seats inside - big commercial kitchen with cool room and storage.

Summary

  • Features: Best location - Good reputation for many years. - Regular customers - A good size restaurant in busy cafe, restaurant area.
  • Potential: Suit family business - experienced chef couple could save on wages. - Add more to menu - promote and expand home delivery
  • Premises: This business has an area of 140 sq.mts.
  • Trading Hours: 6 days - 11.30 a.m. - 10.00 p.m. - Tues. - Sun. - Closed Mondays.
  • Lease: Current lease expires November, 2021 - New 3 + 3 or 5 + 3 year lease available - 3 months bond - 4% rent increases
  • Employees: 1 owner (management only) + 4 kitchen staff + 3 serving staff
  • Sale Reason: Private reasons
  • Comments: MIsc. - 1 - Rubbish collection p.w.. - Regular customers (75% Chinese) - Dinner time is busy - Covid 19 has not had much affect on the business - (before Covid 19 sales were $27,000 - $28,000 p.w.). Sales figures can be verified - Owner will give full training with recipes - Motivated vendor - A must inspection- staff are not aware of sale of business so please be discreet - before inspection contact agent.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$25,000

Cost of Goods

$8,000

Gross Profit

$17,000

Rent (ex GST)

$2,267

Wages

$5,300

Outgoings

$500

Electricity

$169

Gas

$160

Misc1

$120

Misc2

$284

Total Expenses

$8,800

Estimated Stock (Additional)

$7,000

Net Profit

$8,200

Price

$249,000

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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.