Western Suburbs
NSW
$180,000
Restaurant - Asian CuisinePrice: $139,000Net Profit: $4,804 |
Visit this listing at https://www.sbx.com.au/business?id=W1805 |
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Business Code: W1805 Key Features: Restaurant Asian cuisine - Takings $30,000 pw - Inner West Syd -Urgent sale State: NSW Location: Modern restaurant situated on prime corner in Inner West Sydney. DescriptionRestaurant serving a huge variety of authentic Korean dishes - Lunch combo, Park cutlet, braised pork belly, jokbal, bossam combo, noodles, katsu, hot pots, bulgogi, 9 different fried chicken menus, exhaust system on ceiling and each stone table has LNG gas BBQ system installed. Strong power air conditioning installed. - 110 seats - Liquor license obtained until 1:00 a.m Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. .jpg)
Weekly SummaryWeekly Takings (inc GST)$30,000Cost of Goods$10,000Gross Profit$20,000Rent$4,301Wages$10,000Insurance$95Electricity$500Gas$300Total Expenses$15,196Estimated Stock (Additional)$8,000Net Profit$4,804Price$139,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Asian Cuisine
Business Code: W1805Price: $139,000
+ Estimated Stock (SAV) $8,000
Key Features: Restaurant Asian cuisine - Takings $30,000 pw - Inner West Syd -Urgent sale
State: NSW
Location: Modern restaurant situated on prime corner in Inner West Sydney.
Business Overview
Restaurant serving a huge variety of authentic Korean dishes - Lunch combo, Park cutlet, braised pork belly, jokbal, bossam combo, noodles, katsu, hot pots, bulgogi, 9 different fried chicken menus, exhaust system on ceiling and each stone table has LNG gas BBQ system installed. Strong power air conditioning installed. - 110 seats - Liquor license obtained until 1:00 a.m
Summary
- Key Features: Prime corner location - Spacious and modern shop fit out - Ready for any kind of BBQ restaurant.
- Potential: Existing cooking system can be utilised - convert to Chinese hot pot, Korean BBQ, Japanese cuisine or Thai. - Owner couple could save on wages, Promote through internet media.
- Premises: Asian restaurant with a modern fit out and an area of 260 sq. mts. situated on first floor of building.
- Trading Hours: 6 days - Mon. - Thurs. - 5.30 p.m. - 9.30 p.m. (dinner only) Fri. -Sun.-12.00- 9.30 p.m. - Closed Tues.
- Lease: 5 + 5 year lease from Sept. 2019 - 3 months bond - Rent increases 5% per year.
- Employees: Under management - 5 full timers + 6 part timers
- Sale Reason: Private reasons
- Comments:
If the new owner wants to convert to the duct system for a BBQ Restaurant it would cost approx. $80,000 to connect. Owner has invested over $400,000. - Full training will be provided by vendor with recipes. -Owner plans to open another restaurant. - Not a franchise, - Motivated vendor - For inspection please contact your broker - please do not contact staff or owner.
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
$30,000
Cost of Goods
$10,000
Gross Profit
$20,000
Rent (ex GST)
$4,301
Wages
$10,000
Insurance
$95
Electricity
$500
Gas
$300
Total Expenses
$15,196
Estimated Stock (Additional)
$8,000
Net Profit
$4,804
Price
$139,000
+ Estimated Stock (SAV) $8,000
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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.