Inner West
NSW
$700,000
Korean Cuisine RestaurantPrice: $60,000Net Profit: $3,549 |
Visit this listing at https://www.sbx.com.au/business?id=W1953 |
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Business Code: W1953 Key Features: Korean cuisine restaurant - Inner West - Nets over $3,500 p.w. State: NSW Location: Situated in busy Asian shopping street in Inner West.on busy main road. DescriptionFamous Korean food restaurant with well known menu including pork belly with kimchi stew hot pot, spicy sausage hot pot, brisket soy bean stew, soft tofu stew with egg, seafood mix, pork kimchi stew, beef soup with spring onion, deluxe chicken soup, ox bone soup, dumpling soup, beef bulgogi stew, beef bulgogi stir fry and side menu such as fried dumplings, chives pancake, corn cheese, soy garlic chicken, and sweet & spicy chicken. also sells soju, rice wine and beer. - Liquor license until 10:00 pm,- 36 seats inside. 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)$11,000Cost of Goods$3,000Gross Profit$8,000Rent$1,633Wages$2,200Outgoings$264Insurance$162Electricity$138Gas$54Total Expenses$4,451Estimated Stock (Additional)$6,000Net Profit$3,549Price$60,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Korean Cuisine Restaurant
Business Code: W1953Price: $60,000
+ Estimated Stock (SAV) $6,000
Key Features: Korean cuisine restaurant - Inner West - Nets over $3,500 p.w.
State: NSW
Location: Situated in busy Asian shopping street in Inner West.on busy main road.
Business Overview
Famous Korean food restaurant with well known menu including pork belly with kimchi stew hot pot, spicy sausage hot pot, brisket soy bean stew, soft tofu stew with egg, seafood mix, pork kimchi stew, beef soup with spring onion, deluxe chicken soup, ox bone soup, dumpling soup, beef bulgogi stew, beef bulgogi stir fry and side menu such as fried dumplings, chives pancake, corn cheese, soy garlic chicken, and sweet & spicy chicken. also sells soju, rice wine and beer. - Liquor license until 10:00 pm,- 36 seats inside.
Summary
- Key Features: A good size restaurant for any kind of cuisine - Spacious with room for more tables. - Well set up full kitchen - Wide frontage. - Reduced for quick sale.
- Potential: Perfect location and shop size for Chinese restaurant with many Chinese people living in this area. Ideal family business. Can easy convert to Chinese, Thai, Japanese Restaurant. Do more advertising through Internet.
- Premises: This restaurant has an area of 180 sq.mts.
- Trading Hours: 7 days - Monday to Saturday: 11:30 am to 3:00 pm & 5:00 pm to 10:00 pm. Sunday: 11:30 am to 3:00 pm & 5:00 pm to 9:00 pm.
- Lease: Current lease expires November 2028 + 3 yr option- Bond 3 months - Rent increases by 1.4% per year
- Employees: 1 owner fulltime + 4 parttimers.
- Sale Reason: Private reasons
- Comments: Outgoing of $264 p.w. is building insurance, council rates, rubbish. - Sales now increasing every month. For quick sale vendor has reduced business price. ideal for family business. Staff are not aware, 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)
$1,633
Wages
$2,200
Outgoings
$264
Insurance
$162
Electricity
$138
Gas
$54
Total Expenses
$4,451
Estimated Stock (Additional)
$6,000
Net Profit
$3,549
Price
$60,000
+ Estimated Stock (SAV) $6,000
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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.