Visit this listing at https://www.sbx.com.au/business?id=W2005

Business Code: W2005

Key Features: Korean cuisine self serve restaurant - Nets over $3,000 p.w. - Inner West

State: NSW

Location: Situated in heart of very busy restaurant street in Inner West.

Description

Korean and Vietnamese authentic comfort food self serve restaurant with rice paper rolls & shabu bar from lunch to dinner, along with fresh sashimi including salmon, kingfish, and grouper. -

Stay late and experience a wide range of pocha- style dishes all in one place including fish cake hot pot with udon bossam. High quality shop fitout. -58 seats

Summary

  • Features: Sunny, bright and spacious. - Best location in restaurant street and close to Train station . Cheap rent. - Known for its authentic Korean comfort foods and late night bites
  • Potential: Ideal for convert to any kind of restaurant such as Chinese, Nepalis or Indian. Owner couple operation could save on wages. Internet could increase sales.
  • Premises: This business has an area of 120sqm with shabu cook facility installed on each table.
  • Trading Hours: 7 days - 11:30 a.m - 12:00 p.m. midnight
  • Lease: Current lease expires September, 2027 + 3 yrs option - 3 months bond - rent increases by 1.5% per year.
  • Employees: 1 owner (cook chef) working full time + 1 full timer + 2 part timers.
  • Sale Reason: Private reasons
  • Comments:

    Rent includes outgoing ( cheap rent ), For quick sale owner has put a very cheap business price. Motivated vendor. Staff not aware, Appointments 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

Weekly Takings (inc GST)

$15,000

Cost of Goods

$5,000

Gross Profit

$10,000

Rent

$2,100

Wages

$3,500

Insurance

$60

Electricity

$769

Gas

$75

Total Expenses

$6,504

Estimated Stock (Additional)

$3,000

Net Profit

$3,496

Price

$97,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant- Korean & Vietnamese Cuisine

Business Code: W2005
Price: $97,000
+ Estimated Stock (SAV) $3,000

Key Features: Korean cuisine self serve restaurant - Nets over $3,000 p.w. - Inner West

State: NSW

Location: Situated in heart of very busy restaurant street in Inner West.

Business Overview

Korean and Vietnamese authentic comfort food self serve restaurant with rice paper rolls & shabu bar from lunch to dinner, along with fresh sashimi including salmon, kingfish, and grouper. -

Stay late and experience a wide range of pocha- style dishes all in one place including fish cake hot pot with udon bossam. High quality shop fitout. -58 seats

Summary

  • Key Features: Sunny, bright and spacious. - Best location in restaurant street and close to Train station . Cheap rent. - Known for its authentic Korean comfort foods and late night bites
  • Potential: Ideal for convert to any kind of restaurant such as Chinese, Nepalis or Indian. Owner couple operation could save on wages. Internet could increase sales.
  • Premises: This business has an area of 120sqm with shabu cook facility installed on each table.
  • Trading Hours: 7 days - 11:30 a.m - 12:00 p.m. midnight
  • Lease: Current lease expires September, 2027 + 3 yrs option - 3 months bond - rent increases by 1.5% per year.
  • Employees: 1 owner (cook chef) working full time + 1 full timer + 2 part timers.
  • Sale Reason: Private reasons
  • Comments:

    Rent includes outgoing ( cheap rent ), For quick sale owner has put a very cheap business price. Motivated vendor. Staff not aware, Appointments 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

$15,000

Cost of Goods

$5,000

Gross Profit

$10,000

Rent (ex GST)

$2,100

Wages

$3,500

Insurance

$60

Electricity

$769

Gas

$75

Total Expenses

$6,504

Estimated Stock (Additional)

$3,000

Net Profit

$3,496

Price

$97,000
+ Estimated Stock (SAV) $3,000

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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.