North West Sydney
NSW
$350,000
Restaurant - Cafe - Under ManagementPrice: $195,000Net Profit: $3,990 |
Visit this listing at https://www.sbx.com.au/business?id=W1931 |
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Business Code: W1931 Key Features: Restaurant - Korean BBQ - Licensed - Inner West - Under Management,. State: NSW Location: Situated in industrial area in Inner West. DescriptionRestaurant serving Korean style cuisine - Installed table hot plate on each table, serving high quality Korean hot pot and side dishes. The restaurant comes fully equipped and no money needs to be spent. Freshly renovated ( owner spent $200,000). - The venue seats up to 116 people inside. 20 seats out side . Full liquor license until 10.00 p.m. - full commercial kitchen, cool room and freezer room. - cafe is currently closed. - Restaurant open only for dinner. 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)$16,000Cost of Goods$4,500Gross Profit$11,500Rent$1,899Wages$4,800Outgoings$83Insurance$44Electricity$450Gas$234Total Expenses$7,510Estimated Stock (Additional)$5,000Net Profit$3,990Price$195,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Cafe - Under Management
Business Code: W1931Price: $195,000
+ Estimated Stock (SAV) $5,000
Key Features: Restaurant - Korean BBQ - Licensed - Inner West - Under Management,.
State: NSW
Location: Situated in industrial area in Inner West.
Description
Restaurant serving Korean style cuisine - Installed table hot plate on each table, serving high quality Korean hot pot and side dishes. The restaurant comes fully equipped and no money needs to be spent. Freshly renovated ( owner spent $200,000). - The venue seats up to 116 people inside. 20 seats out side . Full liquor license until 10.00 p.m. - full commercial kitchen, cool room and freezer room. - cafe is currently closed. - Restaurant open only for dinner.
Summary
- Features: Absolutely no competition. - Perfect location and a good size Korean BBQ Restaurant. Spacious and bright with glass walls. Cheap rent for size. Excellent set up restaurant with top class equipment.
- Potential: Would suit owner operators or family. Could open cafe ( at present closed ) Do more advertising. Add catering services - Promote corporate functions and parties
- Premises: Beautifully presented premises with an area of 180 sq. mts. and male and female toilets
- Trading Hours: 5 days - Monday to Friday: 5:00 pm to 8:00 pm.
- Lease: 5 year lease from November 2023 + 5 yrs. option Bond 3 months. - Rent increases by 4% per year.
- Employees: Fully under management - 4 full timers + 2 part timers
- Sale Reason: Private reasons
- Comments: Price under setup cost for urgent sale- Great potential business for a motivated couple or family business. Motivated vendor. Inspections only through your broker, staff are not aware. A must inspection.
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
$16,000
Cost of Goods
$4,500
Gross Profit
$11,500
Rent (ex GST)
$1,899
Wages
$4,800
Outgoings
$83
Insurance
$44
Electricity
$450
Gas
$234
Total Expenses
$7,510
Estimated Stock (Additional)
$5,000
Net Profit
$3,990
Price
$195,000
+ Estimated Stock (SAV) $5,000
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