Inner West
NSW
$120,000
Restaurant - Chinese & Korean CuisinePrice: $189,000Net Profit: $7,533 |
Visit this listing at https://www.sbx.com.au/business?id=W2003 |
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Business Code: W2003 Key Features: Chinese & Korean Restaurant - Well Known - Nets over $7000 o.w. State: NSW Location: Situated on busy restaurant and cafe strip in Inner West. DescriptionAuthentic Korean-Chinese cuisine restaurant celebrated for its vibrant flavours and diverse menu offerings. Customer reviews consistently highlight the extensive range of options, from the rich and savory black bean noodles to the hearty beef brisket noodle soup, showcasing a commitment to quality and authenticity. The menu features an impressive selection of Korean favorites, including stir-fried seafood noodles, cold buckwheat noodles, and tantalizing sweet and sour pork, each dish prepared to perfection. The inviting atmosphere is complemented by friendly and attentive service, ensuring a pleasant dining experience that keeps patrons coming back for more. Many reviews express satisfaction with the generous portion sizes and reasonable prices - 40 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)$23,000Cost of Goods$6,500Gross Profit$16,500Rent$2,700Wages$5,500Insurance$60Electricity$400Gas$307Total Expenses$8,967Estimated Stock (Additional)$5,000Net Profit$7,533Price$189,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Chinese & Korean Cuisine
Business Code: W2003Price: $189,000
+ Estimated Stock (SAV) $5,000
Key Features: Chinese & Korean Restaurant - Well Known - Nets over $7000 o.w.
State: NSW
Location: Situated on busy restaurant and cafe strip in Inner West.
Business Overview
Authentic Korean-Chinese cuisine restaurant celebrated for its vibrant flavours and diverse menu offerings. Customer reviews consistently highlight the extensive range of options, from the rich and savory black bean noodles to the hearty beef brisket noodle soup, showcasing a commitment to quality and authenticity. The menu features an impressive selection of Korean favorites, including stir-fried seafood noodles, cold buckwheat noodles, and tantalizing sweet and sour pork, each dish prepared to perfection. The inviting atmosphere is complemented by friendly and attentive service, ensuring a pleasant dining experience that keeps patrons coming back for more. Many reviews express satisfaction with the generous portion sizes and reasonable prices - 40 seats inside
Summary
- Key Features: Best location on main eatery street. Good size shop. Long history stable business. - Reasonable rent. - Well known Chinese / Korean Restaurant.
- Potential: Owner couple could save on wages - . Advertise through internet - Open home delivery. - Add to menu.
- Premises: This business has an area of 120-sqm
- Trading Hours: 7 days - 11:00 a.m. - 9:00 p.m
- Lease: Current lease expires February, 2031 - 3 months bond - rent increases by 5% per year
- Employees: Fully under Management - 2 cook chefs full time- 2 hall staff part .
- Sale Reason: Too many businesses (3 shops)
- Comments:
Rent includes outgoing. For new owner plenty of days full training with recipes. Sales can be verified with Eptpos machine sales. Motivate vendor a must inspection. Staff are 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
$23,000
Cost of Goods
$6,500
Gross Profit
$16,500
Rent (ex GST)
$2,700
Wages
$5,500
Insurance
$60
Electricity
$400
Gas
$307
Total Expenses
$8,967
Estimated Stock (Additional)
$5,000
Net Profit
$7,533
Price
$189,000
+ Estimated Stock (SAV) $5,000
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