North West
NSW
$395,000
Restaurant - Bar - Korean CuisinePrice: $340,000Net Profit: $10,000 |
Visit this listing at https://www.sbx.com.au/business?id=W1932 |
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Business Code: W1932 Key Features: Restaurant - Bar - Korean Cuisine -Takings $20,000 p.w. - Inner West State: NSW Location: Well located near the train station on restaurant & cafe street in huge apartment complex with over 18,000 units in Inner West Sydney DescriptionRestaurant & bar with code / tablet order system installed on each table and offering a diverse Korean dining experience, highlighted by its popular boneless fried chicken dishes, including spicy, soy and garlic flavours. The menu also features an array of traditional Korean dishes such as chicken mayo, pork mara ramen, and assorted pork cutlet dishes complement the spicy and savoury flavours. Beverages include beer, wine, liquor. With a customer rating of 4.3, this restaurant is a favourite, especially in the evenings. Premises also equipped with security camera and air-con - 50 seats inside - 21 seats outside. Separate bar with Liquor License till 11.30 p.m, Liquor sales 40% of sales. 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)$20,000Cost of Goods$4,000Gross Profit$16,000Rent$3,147Wages$2,500Insurance$25Electricity$230Gas$170Total Expenses$6,072Estimated Stock (Additional)$8,000Net Profit$10,000Price$340,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Bar - Korean Cuisine
Business Code: W1932Price: $340,000
+ Estimated Stock (SAV) $8,000
Key Features: Restaurant - Bar - Korean Cuisine -Takings $20,000 p.w. - Inner West
State: NSW
Location: Well located near the train station on restaurant & cafe street in huge apartment complex with over 18,000 units in Inner West Sydney
Description
Restaurant & bar with code / tablet order system installed on each table and offering a diverse Korean dining experience, highlighted by its popular boneless fried chicken dishes, including spicy, soy and garlic flavours. The menu also features an array of traditional Korean dishes such as chicken mayo, pork mara ramen, and assorted pork cutlet dishes complement the spicy and savoury flavours. Beverages include beer, wine, liquor. With a customer rating of 4.3, this restaurant is a favourite, especially in the evenings. Premises also equipped with security camera and air-con - 50 seats inside - 21 seats outside. Separate bar with Liquor License till 11.30 p.m, Liquor sales 40% of sales.
Summary
- Features: Prime location close to train station. -Modern fit out and top class furniture. - Good size shop for any kind of restaurant. - Liquor License.until 11:30 p.m.
- Potential: New owner couple working at shop could save on wages. More online promotion of the business through social media. Could extend opening hours,
- Premises: Brilliant location with full kitchen facilities and with high quality furniture area of 133 sq, mts.+ 20 sq. mts. outdoor seat area.
- Trading Hours: 6 days - Monday to Saturday: 6:00 pm to 11:30 pm.
- Lease: 5 year lease from October 2021 + 5 yrs. option - 4 months bond - Rent increases by 4%
- Employees: Fully under management - 3 full timers + 4 part timers.
- Sale Reason: Very busy operating 5 businesses
- Comments: Brand new shop fit out cost $500,000 3 yrs ago.- Perfect location for any kind of restaurant ( Chinese, Korean, Japanese or Thai ) - Motivated vendor. A must inspection. Please do not approach staff.
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
$20,000
Cost of Goods
$4,000
Gross Profit
$16,000
Rent (ex GST)
$3,147
Wages
$2,500
Insurance
$25
Electricity
$230
Gas
$170
Total Expenses
$6,072
Estimated Stock (Additional)
$8,000
Net Profit
$10,000
Price
$340,000
+ Estimated Stock (SAV) $8,000
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