Central Coast
NSW
$370,000
Restaurant - Korean BBQ CuisinePrice: $119,000Net Profit: $7,921 |
Visit this listing at https://www.sbx.com.au/business?id=W1890 |
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Business Code: W1890 Key Features: Restaurant -Korean BBQ Cuisine - Netting over $7,000 p.w. State: NSW Location: Situated in residential / commercial area of Central Coast. DescriptionRestaurant serving Korean style cuisine - Installed table top charcoal BBQ grill on each table serving high quality meat and sides dishes. Customers can select in season raw or marinated beef rib, pork rib, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken. Variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup, and various Korean bar snacks - The venue seats up to 56 people inside. Full liquor license. - full kitchen, 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)$14,500Cost of Goods$4,500Gross Profit$10,000Rent$839Wages$1,000Electricity$140Gas$100Total Expenses$2,079Estimated Stock (Additional)$7,000Net Profit$7,921Price$119,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean BBQ Cuisine
Business Code: W1890Price: $119,000
+ Estimated Stock (SAV) $7,000
Key Features: Restaurant -Korean BBQ Cuisine - Netting over $7,000 p.w.
State: NSW
Location: Situated in residential / commercial area of Central Coast.
Business Overview
Restaurant serving Korean style cuisine - Installed table top charcoal BBQ grill on each table serving high quality meat and sides dishes. Customers can select in season raw or marinated beef rib, pork rib, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken. Variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup, and various Korean bar snacks - The venue seats up to 56 people inside. Full liquor license. - full kitchen, cool room.
Summary
- Key Features: Excellent shop fit out with BBQ grill on each table. Only Korean BBQ Restaurant in this area. Easy to manage. High margins, Sales increasing weekly Regular repeat customers
- Potential: No competition, Huge demand for Korean BBQ, Could open 7 days till late as there is high demand, Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.
- Premises: This business has an area of 180 sq. mts. including storage and toilet.
- Trading Hours: 6 days - 11:00 am to 10:00 pm. Wednesday to Monday. Closed Tuesday
- Lease: Current lease expires November 2024 + 3 yrs option - Bond 3 months. - Rent increases by 4% per year.
- Employees: 2 owners + 1 full timer
- Sale Reason: Private reasons
- Comments: 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. Full training provided by vendor with full recipes for fried chicken and Korean meals. All equipment belongs to business, nothing leased. Motivated vendor. A must inspection, Please do not contact staff or owner. Inspections through your SBX Broker please.
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
$14,500
Cost of Goods
$4,500
Gross Profit
$10,000
Rent (ex GST)
$839
Wages
$1,000
Electricity
$140
Gas
$100
Total Expenses
$2,079
Estimated Stock (Additional)
$7,000
Net Profit
$7,921
Price
$119,000
+ Estimated Stock (SAV) $7,000
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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.