Inner West
NSW
$120,000
Restaurant - Korean Cuisine - TakeawayPrice: $199,000Net Profit: $6,618 |
Visit this listing at https://www.sbx.com.au/business?id=W1869 |
|
Business Code: W1869 Key Features: Restaurant - Korean cuisine - Lower North Shore - Netting over $6,000 p.w. State: NSW Location: Situated next to major shopping centre on busy shopping strip in the Lower North Shore. Suburb DescriptionRestaurant offering a fine dining experience with a cozy ambiance.- serving Korean cuisine including - BBQ marinated pork, beef, mixed combo set, chicken, duck, seafood. stir fried noodles, fried chicken, specials, Bibimbap, hot pots and tasty Korean cuisine. drinks, beer, soju, Korean wine. Fully Licensed.- 64 seats inside. - 8 outside. Big commercial full kitchen with cool room, and freezer. - Liquor license until 12:00 midnight. 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)$21,000Cost of Goods$7,000Gross Profit$14,000Rent$2,675Wages$4,500Outgoings$60Gas$100Misc1$47Total Expenses$7,382Estimated Stock (Additional)$5,000Net Profit$6,618Price$199,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Cuisine - Takeaway
Business Code: W1869Price: $199,000
+ Estimated Stock (SAV) $5,000
Key Features: Restaurant - Korean cuisine - Lower North Shore - Netting over $6,000 p.w.
State: NSW
Location: Situated next to major shopping centre on busy shopping strip in the Lower North Shore. Suburb
Business Overview
Restaurant offering a fine dining experience with a cozy ambiance.- serving Korean cuisine including - BBQ marinated pork, beef, mixed combo set, chicken, duck, seafood. stir fried noodles, fried chicken, specials, Bibimbap, hot pots and tasty Korean cuisine. drinks, beer, soju, Korean wine. Fully Licensed.- 64 seats inside. - 8 outside. Big commercial full kitchen with cool room, and freezer. - Liquor license until 12:00 midnight.
Summary
- Key Features: Prime location. Spacious shop fit out. Regular customers. Very popular and well known. Great social media reviews. Top BBQ restaurant. Traditional design with delicious food and personal grill installed at every table. Fully licensed.
- Potential: Couple could save on wages and increase net profit. Open lunch. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area. Out door seats(STA)
- Premises: Well presented shop with an area of 200 sq. mts. with full kitchen, cool room, storage, and excellent kitchen equipment.
- Trading Hours: 6 days - Sunday: 12 pm to 10 pm. Monday: 5 pm to 10:30 pm. Tuesday: Closed. Wednesday, Thursday & Friday: 5 p.m to 10:30 p.m Saturday: 12 p.m to 10:30 p.m.
- Lease: Current lease until June 2025. Rent increases 3% yearly. Bond 3 months.
- Employees: 1 owner (chef) + 3 full timers + 7 part timers.
- Sale Reason: Private reasons
- Comments: Summer season sales were $22,000 p.w. Food prices are reasonable for the quality of food and service provided, making it an ideal spot for casual dining or special occasions .The interior design is modern and sleek, with wooden accents and dim lighting that create a warm and inviting atmosphere. No water usage fee. No electricity fees. Very little outgoings. Motivated vendor. Really beautiful shop, Sales include Korean side dishes of milk tea and grilled pork feet. Staff are not aware so please be discreet. Inspections only through your SBX broker.
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
$21,000
Cost of Goods
$7,000
Gross Profit
$14,000
Rent (ex GST)
$2,675
Wages
$4,500
Outgoings
$60
Gas
$100
Misc1
$47
Total Expenses
$7,382
Estimated Stock (Additional)
$5,000
Net Profit
$6,618
Price
$199,000
+ Estimated Stock (SAV) $5,000
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.