Inner West
NSW
$295,000
Restaurant - Korean Cuisine - BBQPrice: $250,000Net Profit: $2,537 |
Visit this listing at https://www.sbx.com.au/business?id=W1753 |
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Business Code: W1753 Key Features: Korean Restaurant - Inner West - Sales $15,000 p.w - Nets $2,500 pw State: NSW Location: Situated in busy Inner West shopping strip close to train station, residential and commercial areas. DescriptionRestaurant 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. - 3 restrooms - Liquor license until 12:00 midnight. - Function room upstairs. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$15,000Cost of Goods$5,300Gross Profit$9,700Rent$2,056Wages$4,000Outgoings$148Insurance$30Electricity$109Gas$120Misc1$700Total Expenses$7,163Estimated Stock (Additional)$7,000Net Profit$2,537Price$250,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine - BBQ
Business Code: W1753Price: $250,000
+ Estimated Stock (SAV) $7,000
Key Features: Korean Restaurant - Inner West - Sales $15,000 p.w - Nets $2,500 pw
State: NSW
Location: Situated in busy Inner West shopping strip close to train station, residential and commercial areas.
Business Overview
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. - 3 restrooms - Liquor license until 12:00 midnight. - Function room upstairs.
Summary
- Key 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. -Wed - Thurs. -Fri. - Sat. - Sun. - 4.00 p.m. - 12.00p.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: Outgoings - Council rates $33 p.w. land tax $ 115 p.w. -Due to family problems reduced for quick sale very famous restaurant in the Asian community. - Eels are imported from Tasmania.- Low food cost - 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: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$15,000
Cost of Goods
$5,300
Gross Profit
$9,700
Rent (ex GST)
$2,056
Wages
$4,000
Outgoings
$148
Insurance
$30
Electricity
$109
Gas
$120
Misc1
$700
Total Expenses
$7,163
Estimated Stock (Additional)
$7,000
Net Profit
$2,537
Price
$250,000
+ Estimated Stock (SAV) $7,000
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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.