Western Sydney
NSW
$549,000
Restaurant - Korean BBQPrice: $85,000Net Profit: $4,256 |
Visit this listing at https://www.sbx.com.au/business?id=W1975 |
|
Business Code: W1975 Key Features: Korean BBQ Restaurant - Rotating Skewers - Nets over $4000 p.w. -Sth.Sydney State: NSW Location: Situated on retail street surrounded by commercial, shops and restaurants in South Sydney area. DescriptionModern Korean charcoal BBQ restaurant serving rotating skewers - BBQ chicken skewers, lamb, pork, etc. Also serving steamed egg, cold corn noodle soup, fried rice with kimchi, soy bean paste soup, fish roe soup, spicy raw beef, many kinds of side dishes, marinated beef rib, abomasum, sirloin beef, prawn and special combination skewers, ( lamb, beef, pork) combined with liquor - Liquor license until 10:00 p.m. - 96 seats, all marble BBQ tables. ducted above the skewers table. 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)$18,000Cost of Goods$5,400Gross Profit$12,600Rent$3,182Wages$4,000Outgoings$417Telephone$110Insurance$320Electricity$250Gas$65Total Expenses$8,344Estimated Stock (Additional)$8,000Net Profit$4,256Price$85,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean BBQ
Business Code: W1975Price: $85,000
+ Estimated Stock (SAV) $8,000
Key Features: Korean BBQ Restaurant - Rotating Skewers - Nets over $4000 p.w. -Sth.Sydney
State: NSW
Location: Situated on retail street surrounded by commercial, shops and restaurants in South Sydney area.
Business Overview
Modern Korean charcoal BBQ restaurant serving rotating skewers - BBQ chicken skewers, lamb, pork, etc. Also serving steamed egg, cold corn noodle soup, fried rice with kimchi, soy bean paste soup, fish roe soup, spicy raw beef, many kinds of side dishes, marinated beef rib, abomasum, sirloin beef, prawn and special combination skewers, ( lamb, beef, pork) combined with liquor - Liquor license until 10:00 p.m. - 96 seats, all marble BBQ tables. ducted above the skewers table.
Summary
- Key Features: No competition. Quite large area with 96 seats and marble BBQ tables. - Established and profitable - Strong cash flow with loyal customer base- Prime location. - Long history and well known - Liquor licence.
- Potential: Open home delivery ( current owner has not tried) - Open 7 days - Ideal for a family-run business. - Liquor licence already in place - potential to grow alcohol sales.- High exposure location with heavy pedestrian traffic and strong local demand.
- Premises: This business has an area of approx. 300 sq. mts inside with 100 sq. mts. backyard.
- Trading Hours: 6 days 11.30 am to 10.00 pm (break 2:00 to 3:00 pm) - Closed Thursday.
- Lease: 5 + 5 yrs. lease from July 2025. - 3 months bond, - Rent increases by 3% per year.
- Employees: 3 owners + 2 part timers (during the week) + 4 part timers ( weekend )
- Sale Reason: Private reasons
- Comments:
Every table installed gas connection and above the table installed BBQ duct system.
Very motivated vendor (owner's mother 70 yrs is working as a cook chef and needs to retire. Price lowered for quick sale. Motivated vendor. 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
$18,000
Cost of Goods
$5,400
Gross Profit
$12,600
Rent (ex GST)
$3,182
Wages
$4,000
Outgoings
$417
Telephone
$110
Insurance
$320
Electricity
$250
Gas
$65
Total Expenses
$8,344
Estimated Stock (Additional)
$8,000
Net Profit
$4,256
Price
$85,000
+ Estimated Stock (SAV) $8,000
Enquire about this listing
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.