South Sydney
NSW
$559,000
Restaurant - Korean BBQPrice: $149,000Net Profit: $2,813 |
Visit this listing at https://www.sbx.com.au/business?id=W2008 |
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Business Code: W2008 Key Features: Restaurant - Korean BBQ - Well known - Excellent Reputation -Upper Nth Shore State: NSW Location: Situated in restaurant, hotel and motel street in the Upper North Shore. DescriptionRestaurant specialising in grilled Korean BBQ and renowned for its authentic Korean flavors. - Diners praise the delicious fried chicken and bulgogi hot pot, often highlighting their crispiness and rich taste. The restaurant offers a variety of traditional dishes like bibimbap and seafood pancakes, catering to diverse palates while providing an inviting atmosphere. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. - Each table has BBQ grill installed. - Many reviews commend the exceptional food quality with standout items such as the fried chicken that is crispy outside yet tender inside. The menu features classic dishes like bulgogi beef and various side plates that offer something for everyone.- Liquor license until 10:00 p.m.- 55 seats inside - (could put 4 seats outside) 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)$12,000Cost of Goods$3,600Gross Profit$8,400Rent$1,782Wages$3,259Outgoings$192Insurance$50Electricity$212Gas$92Total Expenses$5,587Estimated Stock (Additional)$8,000Net Profit$2,813Price$149,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Korean BBQ
Business Code: W2008Price: $149,000
+ Estimated Stock (SAV) $8,000
Key Features: Restaurant - Korean BBQ - Well known - Excellent Reputation -Upper Nth Shore
State: NSW
Location: Situated in restaurant, hotel and motel street in the Upper North Shore.
Business Overview
Restaurant specialising in grilled Korean BBQ and renowned for its authentic Korean flavors. - Diners praise the delicious fried chicken and bulgogi hot pot, often highlighting their crispiness and rich taste. The restaurant offers a variety of traditional dishes like bibimbap and seafood pancakes, catering to diverse palates while providing an inviting atmosphere. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. - Each table has BBQ grill installed. - Many reviews commend the exceptional food quality with standout items such as the fried chicken that is crispy outside yet tender inside. The menu features classic dishes like bulgogi beef and various side plates that offer something for everyone.- Liquor license until 10:00 p.m.- 55 seats inside - (could put 4 seats outside)
Summary
- Key Features: Newly renovated.- No competition. - Best location - Google rating 5.0 - Well known Korean BBQ. - Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence - Quality equipment. Cool room and storage.
- Potential: Owner couple could save on wages. activate home delivery surrounding apartments and shops - Advertise through internet and local paper. - Add more to menu such as gamjatang, bossam, slices of boiled beef. etc.
- Premises: This business has an area of 160sqm
- Trading Hours: 7 days - 11:30 a.m. - 3:00 p.m. - 5:00 p.m- 10:00 p.m
- Lease: 3 year lease from November 2025 + 3 yrs. option - 3 months bond - Rent increases by 5% per year
- Employees: 1 owner working as chef + 2 full timers + 2 parttimers
- Sale Reason: Private reasons
- Comments:
Absolutely no competition. Urgent sale due to owner's health problem - A must inspection. Staff not aware. Inspections only through your SBX brokers.
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)
$1,782
Wages
$3,259
Outgoings
$192
Insurance
$50
Electricity
$212
Gas
$92
Total Expenses
$5,587
Estimated Stock (Additional)
$8,000
Net Profit
$2,813
Price
$149,000
+ Estimated Stock (SAV) $8,000
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