Visit this listing at https://www.sbx.com.au/business?id=W1768

Business Code: W1768

Key Features: Restaurant Korean and Asian Cuisine - Great location - Nett $4100 p.w. -

State: NSW

Location: Busy retail shopping street close to train station in Inner West.

Description

Restaurant - takeaway serving Korean meals and side dishes and variety of fresh Asian dishes - 6 kinds of Korean meals, 5 hot pot, fish dishes, meat dishes, 14 stews etc. - 22 seats inside.

Summary

  • Features: Prime location with lots of foot traffic - Ideal combination with takeaway. - A good size shop - Wide frontage - Cheap rent.
  • Potential: Suit Asian food experienced couple - add more side dishes to menu and promote - Can be changed to Chinese dumpling menu or other kinds of Asian food takeaway.
  • Premises: This business has an area of 60 sq. mt.
  • Trading Hours: 6 days - Mon. - Sat. - 10:00 a.m. - 9:00 p.m.
  • Lease: Current lease expires April, 2023 - 3 months bond - rent increases 5% per year
  • Employees: 1 owner + 4 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$13,000

Cost of Goods

$4,000

Gross Profit

$9,000

Rent

$1,026

Wages

$2,800

Insurance

$50

Electricity

$231

Gas

$30

Misc1

$763

Total Expenses

$4,900

Estimated Stock (Additional)

$2,500

Net Profit

$4,100

Price

$129,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine - Takeaway

Business Code: W1768
Price: $129,000
+ Estimated SAV $2,500

Key Features: Restaurant Korean and Asian Cuisine - Great location - Nett $4100 p.w. -

State: NSW

Location: Busy retail shopping street close to train station in Inner West.

Parking: 1 car space.

Description

Restaurant - takeaway serving Korean meals and side dishes and variety of fresh Asian dishes - 6 kinds of Korean meals, 5 hot pot, fish dishes, meat dishes, 14 stews etc. - 22 seats inside.

Summary

  • Features: Prime location with lots of foot traffic - Ideal combination with takeaway. - A good size shop - Wide frontage - Cheap rent.
  • Potential: Suit Asian food experienced couple - add more side dishes to menu and promote - Can be changed to Chinese dumpling menu or other kinds of Asian food takeaway.
  • Premises: This business has an area of 60 sq. mt.
  • Trading Hours: 6 days - Mon. - Sat. - 10:00 a.m. - 9:00 p.m.
  • Lease: Current lease expires April, 2023 - 3 months bond - rent increases 5% per year
  • Employees: 1 owner + 4 parttimers
  • Sale Reason: Private reasons
  • Comments: Excellent location - Always passing train traffic and students. - A lot of potential business. - Could add simple takeaway menu such as noodles, Kimbap, Tuekbokki, dumplings for students which would increase sales. - Currently 22 seats inside - before Covid 32 seats. - Side dishes are 30% of total sales. - Staff are not aware of sale so please be discreet - 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. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$13,000

Cost of Goods

$4,000

Gross Profit

$9,000

Rent (ex GST)

$1,026

Wages

$2,800

Insurance

$50

Electricity

$231

Gas

$30

Misc1

$763

Total Expenses

$4,900

Estimated Stock (Additional)

$2,500

Net Profit

$4,100

Price

$129,000
+ Estimated SAV $2,500

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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.