Inner West
NSW
$650,000
Restaurant -Korean CuisinePrice: $380,000Net Profit: $7,918 |
Visit this listing at https://www.sbx.com.au/business?id=W2004 |
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Business Code: W2004 Key Features: Restaurant - Korean Cuisine - Netting over $7000 p.w. - Inner West State: NSW Location: Situated in street full of cafes and restaurants in Inner West. DescriptionAn atmospheric restaurant serving distinctive Korean & Japanese fusion delicious dishes. - such as spicy fish cake pot, sweet and spicy chicken hot pot, pork schnitzel meals, etc. - Contains comfortable indoor seating of 78 and a spacious 180 sq. mt. venue stylishly presented with an inviting atmosphere and quality fit out. The venue is well positioned to capitalise on strong food traffic from surrounding commercial activity and visitors to the area. Sells soju liquor until 11 p.m. Offering a fully equipped commercial kitchen, established systems and broad customer appeal, this business presents an attractive opportunity for an owner - operator or hospitality group seeking a quality hospitality operation with scale, flexiblility and further growth potentials. 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)$24,500Cost of Goods$6,125Gross Profit$18,375Rent$3,462Wages$6,250Insurance$70Electricity$500Gas$175Total Expenses$10,457Estimated Stock (Additional)$8,000Net Profit$7,918Price$380,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant -Korean Cuisine
Business Code: W2004Price: $380,000
+ Estimated Stock (SAV) $8,000
Key Features: Restaurant - Korean Cuisine - Netting over $7000 p.w. - Inner West
State: NSW
Location: Situated in street full of cafes and restaurants in Inner West.
Business Overview
An atmospheric restaurant serving distinctive Korean & Japanese fusion delicious dishes. - such as spicy fish cake pot, sweet and spicy chicken hot pot, pork schnitzel meals, etc. - Contains comfortable indoor seating of 78 and a spacious 180 sq. mt. venue stylishly presented with an inviting atmosphere and quality fit out. The venue is well positioned to capitalise on strong food traffic from surrounding commercial activity and visitors to the area. Sells soju liquor until 11 p.m.
Offering a fully equipped commercial kitchen, established systems and broad customer appeal, this business presents an attractive opportunity for an owner - operator or hospitality group seeking a quality hospitality operation with scale, flexiblility and further growth potentials.
Summary
- Key Features: Prime location. - Top spot for casual catch-ups over delicious bites. - Embrace modern dining with charcuterie a culinary adventure.
- Potential: If operated by the owner, couple or as a partnership, net profit can be higher. Advertising and menu development. via internet media, plus other additions to advertising can help increase sales. Its a great location and size for a popular restaurant - suitable as a Chinese restaurant or a Korean BBQ
- Premises: This business has an area of 180 sq.mts. ( including out door area approx. 60 sq.mts)
- Trading Hours: 6 days - Closed Mon. - Tues. - Sun. - 11:00 a.m. - 3:00 p.m, - 4:00 p.m. - 12:00 midnight
- Lease: Current lease expires April, 2027 - 3 months bond - Rent increases by 4% per year - New 5 yr. lease available.
- Employees: 1 owner ( working full time management, serving) + 2 full timers + 3 part timers.
- Sale Reason: Private reasons
- Comments:
Rent includes outgoings. - Previously was a licensed cafe.
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
$24,500
Cost of Goods
$6,125
Gross Profit
$18,375
Rent (ex GST)
$3,462
Wages
$6,250
Insurance
$70
Electricity
$500
Gas
$175
Total Expenses
$10,457
Estimated Stock (Additional)
$8,000
Net Profit
$7,918
Price
$380,000
+ Estimated Stock (SAV) $8,000
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