Visit this listing at https://www.sbx.com.au/business?id=W1891

Business Code: W1891

Key Features: Korean BBQ Restaurant - Inner West - Takings $25,000 p.w.

State: NSW

Location: Situated in busy area of the Inner West surrounded by shops, restaurants and commercial buildings. Inner West

Description

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 ribs, pork ribs, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken and a variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup and various Korean bar snacks - The venue seats up to 100 people inside. Full liquor license. - full kitchen, cool room.

Summary

  • Features: Prime location. Spacious, well known Korean restaurant. Easy to manage. High margins, Sales increasing weekly. Regular repeat customers
  • Potential: Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.
  • Premises: This business has an area of 380 sq. mts. including storage and toilet.
  • Trading Hours: 7 days - 11:00 am to 10:00 pm.
  • Lease: 5 + 5 years lease commenced April 2020 - CPI increases - Bond 3 months.
  • Employees: 1 owner (Management only) + 3 full timers + 1 part timer
  • Sale Reason: Private reasons
  • Comments: Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. 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

Weekly Takings (inc GST)

$25,000

Cost of Goods

$7,500

Gross Profit

$17,500

Rent

$2,067

Wages

$6,800

Electricity

$308

Gas

$108

Total Expenses

$9,283

Estimated Stock (Additional)

$10,000

Net Profit

$8,217

Price

$199,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean BBQ Cuisine

Business Code: W1891
Price: $199,000
+ Estimated Stock (SAV) $10,000

Key Features: Korean BBQ Restaurant - Inner West - Takings $25,000 p.w.

State: NSW

Location: Situated in busy area of the Inner West surrounded by shops, restaurants and commercial buildings. Inner West

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 ribs, pork ribs, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken and a variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup and various Korean bar snacks - The venue seats up to 100 people inside. Full liquor license. - full kitchen, cool room.

Summary

  • Key Features: Prime location. Spacious, well known Korean restaurant. Easy to manage. High margins, Sales increasing weekly. Regular repeat customers
  • Potential: Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.
  • Premises: This business has an area of 380 sq. mts. including storage and toilet.
  • Trading Hours: 7 days - 11:00 am to 10:00 pm.
  • Lease: 5 + 5 years lease commenced April 2020 - CPI increases - Bond 3 months.
  • Employees: 1 owner (Management only) + 3 full timers + 1 part timer
  • Sale Reason: Private reasons
  • Comments: Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. 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

$25,000

Cost of Goods

$7,500

Gross Profit

$17,500

Rent (ex GST)

$2,067

Wages

$6,800

Electricity

$308

Gas

$108

Total Expenses

$9,283

Estimated Stock (Additional)

$10,000

Net Profit

$8,217

Price

$199,000
+ Estimated Stock (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.