North West Sydney
NSW
$370,000
Restaurant - Korean Fusion CuisinePrice: $319,000Net Profit: $11,605 |
Visit this listing at https://www.sbx.com.au/business?id=W1886 |
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Business Code: W1886 Key Features: Korean Fusion Restaurant -Netting over $11,000 p.w.-Sydney CBD State: NSW Location: Busy tourist restaurant / cafe area in Sydney CBD DescriptionKorean Fusion restaurant featuring an extensive range of entrees, soups, noodles and rice dishes such as sweet & sour pork, seafood, prawn and egg fried rice, garlic chilli chicken, creamy prawns, hot chilli chicken, stir fried garlic bokchoy etc. Its greatest hits include generous size meals and reasonably priced,
Menu features 40-plus dishes. There are also set menus, starting from $29 per person as well as a selection of wine, Chinese and Korean liquor, Soju, rice wine and Asian and Australian beers.- 60 seats - liquor license - cool room
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)$28,000Cost of Goods$8,000Gross Profit$20,000Rent$1,538Wages$5,000Outgoings$1,227Electricity$300Gas$300Misc1$30Total Expenses$8,395Estimated Stock (Additional)$5,000Net Profit$11,605Price$319,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean Fusion Cuisine
Business Code: W1886Price: $319,000
+ Estimated Stock (SAV) $5,000
Key Features: Korean Fusion Restaurant -Netting over $11,000 p.w.-Sydney CBD
State: NSW
Location: Busy tourist restaurant / cafe area in Sydney CBD
Business Overview
Korean Fusion restaurant featuring an extensive range of entrees, soups, noodles and rice dishes such as sweet & sour pork, seafood, prawn and egg fried rice, garlic chilli chicken, creamy prawns, hot chilli chicken, stir fried garlic bokchoy etc. Its greatest hits include generous size meals and reasonably priced,
Menu features 40-plus dishes. There are also set menus, starting from $29 per person as well as a selection of wine, Chinese and Korean liquor, Soju, rice wine and Asian and Australian beers.- 60 seats - liquor license - cool room
Summary
- Key Features: Location, Location. - A good size full kitchen. Can be converted to any kind of business such as restaurant, takeaway or cafe .
- Potential: Extension of working hours could increase a lot of sales. Change to Chinese, Thai or Vietnamese cuisine could increase sales. There are a lot of Chinese people and families living and visiting in this area and could add more Chinese-influenced food and drinks.
- Premises: This business has an area of 100 sq. mts.
- Trading Hours: 7 days - Monday to Sunday: 11:00 a.m to 9:00 p.m.
- Lease: 5 yrs + 5 yrs from February 2020 - 3 months bond - Rent increases by C.P.I
- Employees: 1 owner ( Manager) + 2 full timers + 2 parttimers
- Sale Reason: Private reasons
- Comments: Always busy with tourists and shoppers, Any kind of food business will succeed especially Chinese Restaurant or takeaway. There is another branch of the same business also for sale in the CBD - See W1887 - Motivated vendor, Must have inspections through your agent as staff are not aware.
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
$28,000
Cost of Goods
$8,000
Gross Profit
$20,000
Rent (ex GST)
$1,538
Wages
$5,000
Outgoings
$1,227
Electricity
$300
Gas
$300
Misc1
$30
Total Expenses
$8,395
Estimated Stock (Additional)
$5,000
Net Profit
$11,605
Price
$319,000
+ Estimated Stock (SAV) $5,000
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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.