Visit this listing at https://www.sbx.com.au/business?id=W1951

Business Code: W1951

Key Features: Restaurant - Korean BBQ cuisine - Est.15 years - Nets over $8000 p.w- Inner West

State: NSW

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

Description

Restaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from menu of seasonal raw or marinated beef, pork, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes. The venue accommodates 36 indoor seats and 16 outdoor seats in the front of shop. It holds a full liquor license and is equipped with a full kitchen, and storage. - Liquor license until 10:00 p.m

Summary

  • Features: Well known specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Stable and growing business with strong customer demand. Could open any kind of Restaurant business such as Japanese, Korean, Chinese, Thai, Indian food Restaurants.
  • Potential: Suits couple or family business. BBQ business is demanded in this area, can add up more to menu. Opportunities to expand through delivery services to surrounding apartments and residential areas.- Suitable for all types of restaurant operations with an existing DA approval until 10 pm.
  • Premises: This business has an area of 120sqm
  • Trading Hours: Open 7 days. - 12:00 noon - 10:00 pm.
  • Lease: Current lease expires June 2027, - Bond 3 months. - Rent increases by 4% p.a.
  • Employees: 1 owner + full time chef
  • Sale Reason: Private reasons
  • Comments: Motivated vendor, A must inspection. High season sales were $35,000/week.

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)

$20,000

Cost of Goods

$5,500

Gross Profit

$14,500

Rent

$3,500

Wages

$2,000

Electricity

$130

Gas

$100

Total Expenses

$5,730

Estimated Stock (Additional)

$6,000

Net Profit

$8,770

Price

$200,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant- Korean BBQ Cuisine

Business Code: W1951
Price: $200,000
+ Estimated Stock (SAV) $6,000

Key Features: Restaurant - Korean BBQ cuisine - Est.15 years - Nets over $8000 p.w- Inner West

State: NSW

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

Business Overview

Restaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from menu of seasonal raw or marinated beef, pork, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes. The venue accommodates 36 indoor seats and 16 outdoor seats in the front of shop. It holds a full liquor license and is equipped with a full kitchen, and storage. - Liquor license until 10:00 p.m

Summary

  • Key Features: Well known specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Stable and growing business with strong customer demand. Could open any kind of Restaurant business such as Japanese, Korean, Chinese, Thai, Indian food Restaurants.
  • Potential: Suits couple or family business. BBQ business is demanded in this area, can add up more to menu. Opportunities to expand through delivery services to surrounding apartments and residential areas.- Suitable for all types of restaurant operations with an existing DA approval until 10 pm.
  • Premises: This business has an area of 120sqm
  • Trading Hours: Open 7 days. - 12:00 noon - 10:00 pm.
  • Lease: Current lease expires June 2027, - Bond 3 months. - Rent increases by 4% p.a.
  • Employees: 1 owner + full time chef
  • Sale Reason: Private reasons
  • Comments: Motivated vendor, A must inspection. High season sales were $35,000/week.

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

$5,500

Gross Profit

$14,500

Rent (ex GST)

$3,500

Wages

$2,000

Electricity

$130

Gas

$100

Total Expenses

$5,730

Estimated Stock (Additional)

$6,000

Net Profit

$8,770

Price

$200,000
+ Estimated Stock (SAV) $6,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.