Visit this listing at https://www.sbx.com.au/business?id=W1809

Business Code: W1809

Key Features: Korean BBQ Restaurant - Netting $12,000 p.w.

State: NSW

Location: Situated in busy shopping street in North West Sydney very close to train station

Description

Restaurant with high quality wooden furniture serving Korean BBQ where healthy fresh, seasoned ingredients including meat, seafood and vegetables are placed on a mesh and grilled over a direct flame as well as freshly made dishes of Korean cuisine. - Menu features great quality beef in marinated cuts of Wagyu, ready to grill pork, hot stone bibimbap, premium seafood, sizzling hot pot stone plate - 88 seats inside - 24 seats out side - each table has LNG gas system BBQ grill installed - QR code self order system - Liquor license until 12:00 midnight.- Also serves various types of Korean liquor. -

Summary

  • Features: Spacious Korean BBQ restaurant - High quality fit out, - Long established - Top class new QR code order system installed - Ideal for small and large groups of customers
  • Potential: Experienced Japanese/ Korean cuisine owner couple could save on wages - Promote through internet media - open home delivery through Uber, Menu log.
  • Premises: This business occupies the whole first floor with an area of 240 sq.mts. plus lift.
  • Trading Hours: 6 days - Mon. - Sat. - 11:00 a.m. - 10:00 p.m.
  • Lease: 5 + 5 + 5 year lease from September,2019 - 3 months bond - C.P.I. rent increases.
  • Employees: 2 owners + 4 full timers + 1 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$8,000

Gross Profit

$22,000

Rent

$2,500

Wages

$6,000

Outgoings

$500

Electricity

$380

Gas

$153

Misc1

$67

Total Expenses

$9,600

Estimated Stock (Additional)

$10,000

Net Profit

$12,400

Price

$399,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - BBQ - Korean Cuisine

Business Code: W1809
Price: $399,000
+ Estimated SAV $10,000

Key Features: Korean BBQ Restaurant - Netting $12,000 p.w.

State: NSW

Location: Situated in busy shopping street in North West Sydney very close to train station

Description

Restaurant with high quality wooden furniture serving Korean BBQ where healthy fresh, seasoned ingredients including meat, seafood and vegetables are placed on a mesh and grilled over a direct flame as well as freshly made dishes of Korean cuisine. - Menu features great quality beef in marinated cuts of Wagyu, ready to grill pork, hot stone bibimbap, premium seafood, sizzling hot pot stone plate - 88 seats inside - 24 seats out side - each table has LNG gas system BBQ grill installed - QR code self order system - Liquor license until 12:00 midnight.- Also serves various types of Korean liquor. -

Summary

  • Features: Spacious Korean BBQ restaurant - High quality fit out, - Long established - Top class new QR code order system installed - Ideal for small and large groups of customers
  • Potential: Experienced Japanese/ Korean cuisine owner couple could save on wages - Promote through internet media - open home delivery through Uber, Menu log.
  • Premises: This business occupies the whole first floor with an area of 240 sq.mts. plus lift.
  • Trading Hours: 6 days - Mon. - Sat. - 11:00 a.m. - 10:00 p.m.
  • Lease: 5 + 5 + 5 year lease from September,2019 - 3 months bond - C.P.I. rent increases.
  • Employees: 2 owners + 4 full timers + 1 casual
  • Sale Reason: Private reasons
  • Comments: A large full kitchen - all equipment belongs to business with nothing leased. - In order to minimise wages the vendor is trying to have a robot serving system ( now negotiating hire price of robot p.w.), - Luxurious atmosphere BBQ Restaurant. - Full training will be provided by vendor with recipes. - 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. 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

$30,000

Cost of Goods

$8,000

Gross Profit

$22,000

Rent (ex GST)

$2,500

Wages

$6,000

Outgoings

$500

Electricity

$380

Gas

$153

Misc1

$67

Total Expenses

$9,600

Estimated Stock (Additional)

$10,000

Net Profit

$12,400

Price

$399,000
+ Estimated SAV $10,000

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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.