Visit this listing at https://www.sbx.com.au/business?id=W2002

Business Code: W2002

Key Features: Takeaway - Korean Chicken - Foodcourt location - West Sydney

State: NSW

Location: Situated in the middle of food court in major shopping centre in West Sydney.

Description

Takeaway selling a famous Korean Fried Chicken brand with a menu featuring a variety of signature fried chicken flavours including customer favourites such as deep frying to a crunchy perfection, and topping up with mouth watering sauce to satisfy including original, spring onion, Jalapeno, creamy, Dalcorn, spicy garlic soy, Gangjung and also burgers, Tteokbokki, fried rice and chicken combo box. - This business has built a strong reputation and enjoys excellent Google and Uber Eats ratings,(5.0) - Customers share the food court seating plus 12 shop seats.

Summary

  • Features: Modern kiosk style set up. - Prime location in the food court. - Outstanding Google customer reviews - Strong local brand recognition - Loyal and repeat customers - No competition- - Excellent value for a highly profitable business - Priced attractively for a quick sale .- Fully under management.
  • Potential: Would suit owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-
  • Premises: This business has an area of 30 sq. mts. with a beautiful compact kiosk style set up.
  • Trading Hours: 7 days - 9:00 a.m - 5:00 p.m- Thursday until 8:00 p.m
  • Lease: Current lease expires August, 2029 - Bond 3 months, - Rent increases by C.P.I + turnover base ( approx. 5% per year)
  • Employees: Fully under Management - 2 full timers - 9:00 a.m-5:00 p.m). - Thurs. - 2 full timers until 8:00 p.m
  • Sale Reason: Private Reason
  • Comments:

    Sales are stable through the year ( Easter, Christmas, School holidays - higher) - Storage use optional. (current owner pays $600 p.m.) Shopping Centre expects buyer to keep the same chicken menu and trading name. Shop fitout cost was over $150,000, - Very cheap business price for quick sale. - Motivated vendor. A must inspection 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

Weekly Takings (inc GST)

$12,000

Cost of Goods

$3,600

Gross Profit

$8,400

Rent

$2,630

Wages

$3,200

Outgoings

$26

Insurance

$80

Electricity

$76

Gas

$115

Total Expenses

$6,127

Estimated Stock (Additional)

$5,000

Net Profit

$2,273

Price

$69,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Korean Chicken

Business Code: W2002
Price: $69,000
+ Estimated Stock (SAV) $5,000

Key Features: Takeaway - Korean Chicken - Foodcourt location - West Sydney

State: NSW

Location: Situated in the middle of food court in major shopping centre in West Sydney.

Business Overview

Takeaway selling a famous Korean Fried Chicken brand with a menu featuring a variety of signature fried chicken flavours including customer favourites such as deep frying to a crunchy perfection, and topping up with mouth watering sauce to satisfy including original, spring onion, Jalapeno, creamy, Dalcorn, spicy garlic soy, Gangjung and also burgers, Tteokbokki, fried rice and chicken combo box. - This business has built a strong reputation and enjoys excellent Google and Uber Eats ratings,(5.0) - Customers share the food court seating plus 12 shop seats.

Summary

  • Key Features: Modern kiosk style set up. - Prime location in the food court. - Outstanding Google customer reviews - Strong local brand recognition - Loyal and repeat customers - No competition- - Excellent value for a highly profitable business - Priced attractively for a quick sale .- Fully under management.
  • Potential: Would suit owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-
  • Premises: This business has an area of 30 sq. mts. with a beautiful compact kiosk style set up.
  • Trading Hours: 7 days - 9:00 a.m - 5:00 p.m- Thursday until 8:00 p.m
  • Lease: Current lease expires August, 2029 - Bond 3 months, - Rent increases by C.P.I + turnover base ( approx. 5% per year)
  • Employees: Fully under Management - 2 full timers - 9:00 a.m-5:00 p.m). - Thurs. - 2 full timers until 8:00 p.m
  • Sale Reason: Private Reason
  • Comments:

    Sales are stable through the year ( Easter, Christmas, School holidays - higher) - Storage use optional. (current owner pays $600 p.m.) Shopping Centre expects buyer to keep the same chicken menu and trading name. Shop fitout cost was over $150,000, - Very cheap business price for quick sale. - Motivated vendor. A must inspection 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

$12,000

Cost of Goods

$3,600

Gross Profit

$8,400

Rent (ex GST)

$2,630

Wages

$3,200

Outgoings

$26

Insurance

$80

Electricity

$76

Gas

$115

Total Expenses

$6,127

Estimated Stock (Additional)

$5,000

Net Profit

$2,273

Price

$69,000
+ Estimated Stock (SAV) $5,000

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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.