Visit this listing at https://www.sbx.com.au/business?id=W1927

Business Code: W1927

Key Features: Restaurant - Korean Cuisine - Netting over $5000 p.w. - Inner West

State: NSW

Location: Situated on restaurant and cafe eatery street in the Inner West

Description

Restaurant serving Korean cuisine with a variety of entrees including deep fried dumplings, steamed dumplings, seafood pancakes, spicy kimchi pancakes with main menu of 4 bibim babs, kimchi pork fried rice, fish roe hot stone rice, marinated eel with rice, sizzling beef bulgogi, hot and spicy pork bulgogi, soy chicken bulgogi, chefs special stir fried kimchi, pork with tofu, steamed pork belly, spicy stir fried squid & pork belly, etc.- Liquor license obtained. -38 seats inside- 4 seats outside. Top class equipment with a full kitchen and cool room.

Summary

  • Features: A good size, good location restaurant . Very cheap rent. Full kitchen for any kind of food. Good location for pizza as well. Wide frontage with glass wall, and spacious.
  • Potential: Asian food experienced couple could earn more money. Extension of working hours could increase sales. There are a lot of Chinese people and families living and visiting this area so could add more Chinese influenced food and drinks.
  • Premises: This business has an area of 150 sq. mts. with wide frontage and glass wall.
  • Trading Hours: 6 days - Monday to Saturday: 11:00 am to 3:00 pm & 5:00 pm to 8:30 pm.
  • Lease: 5 + 5 year lease from March 2019 - 3 months bond, Rent increases by 4% per year.
  • Employees: 2 owners work full time + 1 part timer.
  • Sale Reason: Private reasons
  • Comments: POS machine rental fee 1% of sales. Suit any kind of food business. . Motivated vendor. A must inspection, Inspections through your 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)

$11,000

Cost of Goods

$3,000

Gross Profit

$8,000

Rent

$1,446

Wages

$630

Outgoings

$15

Telephone

$30

Insurance

$45

Electricity

$320

Gas

$120

Total Expenses

$2,606

Estimated Stock (Additional)

$4,500

Net Profit

$5,394

Price

$120,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Korean Cuisine - Takeaway

Business Code: W1927
Price: $120,000
+ Estimated Stock (SAV) $4,500

Key Features: Restaurant - Korean Cuisine - Netting over $5000 p.w. - Inner West

State: NSW

Location: Situated on restaurant and cafe eatery street in the Inner West

Description

Restaurant serving Korean cuisine with a variety of entrees including deep fried dumplings, steamed dumplings, seafood pancakes, spicy kimchi pancakes with main menu of 4 bibim babs, kimchi pork fried rice, fish roe hot stone rice, marinated eel with rice, sizzling beef bulgogi, hot and spicy pork bulgogi, soy chicken bulgogi, chefs special stir fried kimchi, pork with tofu, steamed pork belly, spicy stir fried squid & pork belly, etc.- Liquor license obtained. -38 seats inside- 4 seats outside. Top class equipment with a full kitchen and cool room.

Summary

  • Features: A good size, good location restaurant . Very cheap rent. Full kitchen for any kind of food. Good location for pizza as well. Wide frontage with glass wall, and spacious.
  • Potential: Asian food experienced couple could earn more money. Extension of working hours could increase sales. There are a lot of Chinese people and families living and visiting this area so could add more Chinese influenced food and drinks.
  • Premises: This business has an area of 150 sq. mts. with wide frontage and glass wall.
  • Trading Hours: 6 days - Monday to Saturday: 11:00 am to 3:00 pm & 5:00 pm to 8:30 pm.
  • Lease: 5 + 5 year lease from March 2019 - 3 months bond, Rent increases by 4% per year.
  • Employees: 2 owners work full time + 1 part timer.
  • Sale Reason: Private reasons
  • Comments: POS machine rental fee 1% of sales. Suit any kind of food business. . Motivated vendor. A must inspection, Inspections through your 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

$11,000

Cost of Goods

$3,000

Gross Profit

$8,000

Rent (ex GST)

$1,446

Wages

$630

Outgoings

$15

Telephone

$30

Insurance

$45

Electricity

$320

Gas

$120

Total Expenses

$2,606

Estimated Stock (Additional)

$4,500

Net Profit

$5,394

Price

$120,000
+ Estimated Stock (SAV) $4,500

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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.