Inner West
NSW
$289,000
Restaurant - Korean CuisinePrice: $445,000Net Profit: $9,680 |
Visit this listing at https://www.sbx.com.au/business?id=W1770 |
|
Business Code: W1770 Key Features: Korean Restaurant - North West - Sales $33,000 p.w. - Netting over $9,600 pw 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 am. Top class equipment with a full kitchen. 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)$33,000Cost of Goods$9,900Gross Profit$23,100Rent$2,685Wages$10,000Telephone$30Insurance$50Electricity$350Gas$220Misc1$85Total Expenses$13,420Net Profit$9,680Price$445,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine
Business Code: W1770Price: $445,000
Key Features: Korean Restaurant - North West - Sales $33,000 p.w. - Netting over $9,600 pw
State: NSW
Location: Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings.
Business Overview
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 am. Top class equipment with a full kitchen.
Summary
- Key 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. -Under management
- Potential: Could trade up to 7 days, current owner closes on Mon. and Tues. 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: 5 days - 11:00 a.m. - 3:00 p.m - 5:00 p.m. - 8:40 p.m.- closed Mon. and Tues.
- Lease: 7 years lease from November, 2020. - Rent increases 5% per year. - 4 months bond. (No guarantor needed)
- Employees: 3 full timers + 5 part timers - Fully under management
- Sale Reason: Private reasons
- Comments: Misc. 1 = Storage / week. Very good reviews on Google (4.5). - Current sales range from $32,000 to $35,000 p.w. - Rare opportunity. Owner willing to give training and recipes. Staff are not aware of sale so please be discreet. Inspection by appointment only, please contact your agent.
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
$33,000
Cost of Goods
$9,900
Gross Profit
$23,100
Rent (ex GST)
$2,685
Wages
$10,000
Telephone
$30
Insurance
$50
Electricity
$350
Gas
$220
Misc1
$85
Total Expenses
$13,420
Net Profit
$9,680
Price
$445,000
Enquire about this listing
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.