Inner West
NSW
$700,000
Restaurant - Korean & Japanese CuisinePrice: $559,000Net Profit: $10,035 |
Visit this listing at https://www.sbx.com.au/business?id=W1955 |
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Business Code: W1955 Key Features: Korean & Japanese Cuisine - Netting over $10,000 p.w. - Inner West State: NSW Location: Situated in shopping centre food court in the Inner West. DescriptionFamous restaurant offering a blend of authentic Korean and Japanese cuisines. The menu features a diverse selection, including sushi, bento boxes, udon, yakisoba, stone pot rice, and bibimbaps, catering to a variety of tastes. Patrons often praise the stone pot rice dishes, which combine both culinary styles into a mouthwatering experience. The restaurant's welcoming and relaxed atmosphere makes it an ideal spot for casual gatherings or family meals. With generous portion sizes and affordable prices the restaurant provides a satisfying dining experience for all.- 46 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)$36,941Cost of Goods$11,081Gross Profit$25,860Rent$3,780Wages$11,000Telephone$40Insurance$105Electricity$493Gas$398Misc1$9Total Expenses$15,825Estimated Stock (Additional)$8,000Net Profit$10,035Price$559,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean & Japanese Cuisine
Business Code: W1955Price: $559,000
+ Estimated Stock (SAV) $8,000
Key Features: Korean & Japanese Cuisine - Netting over $10,000 p.w. - Inner West
State: NSW
Location: Situated in shopping centre food court in the Inner West.
Business Overview
Famous restaurant offering a blend of authentic Korean and Japanese cuisines. The menu features a diverse selection, including sushi, bento boxes, udon, yakisoba, stone pot rice, and bibimbaps, catering to a variety of tastes. Patrons often praise the stone pot rice dishes, which combine both culinary styles into a mouthwatering experience. The restaurant's welcoming and relaxed atmosphere makes it an ideal spot for casual gatherings or family meals. With generous portion sizes and affordable prices the restaurant provides a satisfying dining experience for all.- 46 seats inside.
Summary
- Key Features: Same owner for 24 years with good reputation. Top location. Excellent food with good prices. A good size restaurant. Long term stable business with an extensive menu of Japanese and Korean food.
- Potential: Perfect opportunity for a motivated owner-operator or an experienced couple to step in and reduce wage costs, and increase profitability. Huge potential to expand catering services and boost local marketing.
- Premises: This long term Korean Restaurant has an area of 100 sq. mts.
- Trading Hours: 7 days - Monday - Sunday - 10:30 a.m. - 8:00 p.m.
- Lease: Current lease expires April, 2027 + 2 yrs option - Bond $60,000, - No rent increases
- Employees: 1 owner part time + 2 full timers + 5 part timers
- Sale Reason: Private reasons
- Comments: Rent includes outgoings - Misc.-1.- POS machine rental $8.50 p.w. - Current uber sales approx. $3000 p.w.- After 24 years operating the same business, vendor wants to retire. - A must inspection. Staff not aware - Inspections only through your SBX 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
$36,941
Cost of Goods
$11,081
Gross Profit
$25,860
Rent (ex GST)
$3,780
Wages
$11,000
Telephone
$40
Insurance
$105
Electricity
$493
Gas
$398
Misc1
$9
Total Expenses
$15,825
Estimated Stock (Additional)
$8,000
Net Profit
$10,035
Price
$559,000
+ Estimated Stock (SAV) $8,000
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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.