North West sydney
NSW
$300,000
Restaurant - Korean CuisinePrice: $500,000Net Profit: $8,000 |
Visit this listing at https://www.sbx.com.au/business?id=W1770 |
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Business Code: W1770 Key Features: Korean Restaurant - North West shopping centre - Takings $24,000 p.w. State: NSW Location: Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings DescriptionRestaurant serving Korean cuisine including whole garlic soy chicken, Korean Royal Court stir fried rice cake, whole fried chicken. shallot pancake, beef bibimbab, kimchi stew with pork, spicy squid, pork bulgogi, ginseng chicken soup, spicy sausage hot pot, fish roe hot pot etc. - The venue seats 30 inside and food court seats.- Full liquor license until 3:00 a.m. - Top class equipment - full kitchen Summary
Weekly SummaryWeekly Takings (inc GST)$24,000Cost of Goods$6,400Gross Profit$17,600Rent$1,736Wages$5,609Outgoings$476Telephone$40Electricity$800Gas$800Misc1$85Misc2$54Total Expenses$9,600Estimated Stock (Additional)$7,000Net Profit$8,000Price$500,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: W1770Price: $500,000
+ Estimated SAV $7,000
Key Features: Korean Restaurant - North West shopping centre - Takings $24,000 p.w.
State: NSW
Location: Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings
Parking: Shopping centre car park.
Description
Restaurant serving Korean cuisine including whole garlic soy chicken, Korean Royal Court stir fried rice cake, whole fried chicken. shallot pancake, beef bibimbab, kimchi stew with pork, spicy squid, pork bulgogi, ginseng chicken soup, spicy sausage hot pot, fish roe hot pot etc. - The venue seats 30 inside and food court seats.- Full liquor license until 3:00 a.m. - Top class equipment - full kitchen
Summary
- Features: Excellent fit out - Brilliant modern interior. - Great location, - No competition - Good reputation and review. - Unique opportunity - Profitable - Nothing to spend. - Good working conditions and environment.
- Potential: Could trade up to 7 days - current owner closes on Monday. - An enthusiastic owner operator or couple could increase sales and profit - do more promotion - huge apartments are near this business.
- Premises: This business has an area of 90 sq. mts.
- Trading Hours: 6 days - 11:00 a.m. - 3:00 p.m - 5:00 p.m. - 8:40 p.m.- closed Mon.
- Lease: 7 years lease from November, 2020 - Rent increases 5% per year - 4 months bond. (No guarantor needed)
- Employees: 1 owner + 2 full timers , + 3 part timers
- Sale Reason: Private reasons
- Comments: Misc.- 1 - Storage / week. - Before Covid 19 sales were an average of $32,000 p.w. - Sales are now growing very good review on google (4.5), - rare opportunity - owner willing to give training and recipes. - Staff are not aware of sale so please be discreet - inspection contact agent, by appointment only.
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
$24,000
Cost of Goods
$6,400
Gross Profit
$17,600
Rent (ex GST)
$1,736
Wages
$5,609
Outgoings
$476
Telephone
$40
Electricity
$800
Gas
$800
Misc1
$85
Misc2
$54
Total Expenses
$9,600
Estimated Stock (Additional)
$7,000
Net Profit
$8,000
Price
$500,000
+ Estimated 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.
