Western Sydney
NSW
$549,000
Restaurant - Korean BBQ - TakeawayPrice: $690,000Net Profit: $20,970 |
Visit this listing at https://www.sbx.com.au/business?id=W1960 |
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Business Code: W1960 Key Features: Premium Korean BBQ Restaurant - Nets over $20,000 p.w. -Sydney CBD State: NSW Location: Situated in the heart of Sydney CBD DescriptionPremium Korean BBQ cuisine restaurant with tabletop charcoal grills at each table. The menu features a wide range of grilled and BBQ meat such as marinated pork and beef ribs, beef brisket, soft tofu soup, crispy chicken, seafood pancakes, black bean noodles etc. Very large commercial kitchen (110 m2) with cool room and frozen room - . 250 comfortable seats inside over 3 levels. Liquor license until 10:00 pm, The weekly takings shown is shop retail only without home delivery. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 17 years successful operation. - High margin, very popular, famous korean BBQ Restaurant in Sydney. Sales over $3 Millions per year. 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)$76,198Cost of Goods$22,859Gross Profit$53Rent$8,769Wages$21,613Outgoings$360Telephone$30Insurance$135Electricity$908Gas$554Total Expenses$32,369Estimated Stock (Additional)$20,000Net Profit$20,970Price$690,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean BBQ - Takeaway
Business Code: W1960Price: $690,000
+ Estimated Stock (SAV) $20,000
Key Features: Premium Korean BBQ Restaurant - Nets over $20,000 p.w. -Sydney CBD
State: NSW
Location: Situated in the heart of Sydney CBD
Business Overview
Premium Korean BBQ cuisine restaurant with tabletop charcoal grills at each table. The menu features a wide range of grilled and BBQ meat such as marinated pork and beef ribs, beef brisket, soft tofu soup, crispy chicken, seafood pancakes, black bean noodles etc. Very large commercial kitchen (110 m2) with cool room and frozen room - . 250 comfortable seats inside over 3 levels. Liquor license until 10:00 pm, The weekly takings shown is shop retail only without home delivery. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 17 years successful operation. - High margin, very popular, famous korean BBQ Restaurant in Sydney. Sales over $3 Millions per year.
Summary
- Key Features: Prime location in CBD - Always crowded until late. - Luxurious and elegant shop fittings. - Well known for over 17 yrs. - The atmosphere is perfect. Premium Koran BBQ Restaurant over 3 levels.
- Potential: Ideal for family business or partnership. Could add surrounding office towers, apartments home delivery. Motivated new owner family could save a lot of wages and increase profit.
- Premises: 3 storey luxurious modern shop fit out with a total area of 600 sq.mts.
- Trading Hours: 7 days - 11:30 am to 10:00 pm
- Lease: 3 year lease from August 2025 + 3 yrs. option - 3 months bond - rent increases by 4% per year.
- Employees: Fully under management - 6 full timers (cook chef included) + 12 part timers.
- Sale Reason: Two many businesses including food factory and other restaurants.
- Comments: Each table has smoke exhaust duct underground gas system ( premium new system). - Motivated vendor. - Shop inspections only through your broker. Staff are not aware
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
$76,198
Cost of Goods
$22,859
Gross Profit
$53
Rent (ex GST)
$8,769
Wages
$21,613
Outgoings
$360
Telephone
$30
Insurance
$135
Electricity
$908
Gas
$554
Total Expenses
$32,369
Estimated Stock (Additional)
$20,000
Net Profit
$20,970
Price
$690,000
+ Estimated Stock (SAV) $20,000
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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.