Visit this listing at https://www.sbx.com.au/business?id=W1753

Business Code: W1753

Key Features: Korean Restaurant - Specialist BBQ - Inner West - Sales $23,000 p.w

State: NSW

Location: Situated in busy Inner West shopping strip close to train station, residential and commercial areas.

Description

Restaurant serving specialised BBQ cuisine including entrees, eel BBQ, duck soup with rice, pork and beef BBQ, lunch specials, hag fish BBQ, wagu BBQ, fish BBQ, seafood noodles, and 15 varieties of delicious meals and noodles. - Licensed - Lovely outside courtyard area with 24 seats - 63 seats inside - big commercial full kitchen with cool room, and freezer - 5 restrooms, - Liquor license until 12:00 midnight.- Function room upstairs.

Summary

  • Features: Specialised BBQ Restaurant - Excellent spacious fit out - Beautiful courtyard area with 24 seats - Stable and growing business. - No competition in Sydney.
  • Potential: Suit family business. - Huge potential - Ideal for motivated owner operator. - More marketing within the local area for catering. - Promote and deliver to surrounding apartments and residential area. - Huge apartments under construction nearby.
  • Premises: This business has an area of 160 sq.mts. with outside courtyard and pergola area.
  • Trading Hours: 7 days - Mon. - Tues. - Thurs. -Fri. - Sat. - Sun. - 11:30 a.m.-10:30 p.m. - Wed. - 5.00 p.m. - 10.30 p.m.
  • Lease: 5 + 5 yr. lease commenced 28 /10 / 2019 - 3 months bond - 4% rent increases per year.
  • Employees: 2 owners + 2 fulltimers + 6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$23,000

Cost of Goods

$6,900

Gross Profit

$16,100

Rent

$1,846

Wages

$4,000

Outgoings

$135

Electricity

$169

Gas

$120

Misc1

$30

Total Expenses

$6,300

Estimated Stock (Additional)

$9,000

Net Profit

$9,800

Price

$350,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine - BBQ

Business Code: W1753
Price: $350,000

Key Features: Korean Restaurant - Specialist BBQ - Inner West - Sales $23,000 p.w

State: NSW

Location: Situated in busy Inner West shopping strip close to train station, residential and commercial areas.

Description

Restaurant serving specialised BBQ cuisine including entrees, eel BBQ, duck soup with rice, pork and beef BBQ, lunch specials, hag fish BBQ, wagu BBQ, fish BBQ, seafood noodles, and 15 varieties of delicious meals and noodles. - Licensed - Lovely outside courtyard area with 24 seats - 63 seats inside - big commercial full kitchen with cool room, and freezer - 5 restrooms, - Liquor license until 12:00 midnight.- Function room upstairs.

Summary

  • Features: Specialised BBQ Restaurant - Excellent spacious fit out - Beautiful courtyard area with 24 seats - Stable and growing business. - No competition in Sydney.
  • Potential: Suit family business. - Huge potential - Ideal for motivated owner operator. - More marketing within the local area for catering. - Promote and deliver to surrounding apartments and residential area. - Huge apartments under construction nearby.
  • Premises: This business has an area of 160 sq.mts. with outside courtyard and pergola area.
  • Trading Hours: 7 days - Mon. - Tues. - Thurs. -Fri. - Sat. - Sun. - 11:30 a.m.-10:30 p.m. - Wed. - 5.00 p.m. - 10.30 p.m.
  • Lease: 5 + 5 yr. lease commenced 28 /10 / 2019 - 3 months bond - 4% rent increases per year.
  • Employees: 2 owners + 2 fulltimers + 6 casuals
  • Sale Reason: Private reasons
  • Comments: Very famous restaurant in the Asian community. - Eels are imported from New Zealand.- Low food cost - Due to family problems a quick sale is required. - Motivated vendor - Staff are not aware of sale so please be discreet - Before inspection please contact agent. - Owner will provide full training for one month with recipes.- A must inspection.

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)

$23,000

Cost of Goods

$6,900

Gross Profit

$16,100

Rent (ex GST)

$1,846

Wages

$4,000

Outgoings

$135

Electricity

$169

Gas

$120

Misc1

$30

Total Expenses

$6,300

Estimated Stock (Additional)

$9,000

Net Profit

$9,800

Price

$350,000

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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.