Visit this listing at https://www.sbx.com.au/business?id=W2022

Business Code: W2022

Key Features: Takeaway - Korean street food- Nets over $3000 p.w. - Inner West

State: NSW

Location: Situated in foodcourt of major shopping centre in the Inner West.

Description

Well established Korean Street food takeaway franchise. The menu features popular items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, Kransky sausages and drinks attracting strong interest from both local residents and visitors. Food court seating - The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner.

Summary

  • Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand with 11 stores - Simple menu and easy operation - Fully fitted commercial kitchen - Fully under management.
  • Potential: Ideal for owner-operator couple to reduce staff costs and increase profit - expand catering and delivery services through internet - add new menu items to suit young customers.
  • Premises: This business has an area of 55 sq. mts.
  • Trading Hours: 7 days - 9:00 a.m - 6:00 p.m - Thursday - 9:00 a.m - 8:00 p.m.
  • Lease: Current lease expires April, 2031 - Bond 3 months - Rent increases by 2.5%+ CPI yearly.
  • Employees: Fully under Management - 2 full timers + 1 part timer.
  • Sale Reason: Health problems.
  • Comments:

    Rent includes outgoings, marketing fees, and storage rental fee - Misc.1 - Franchise royalty fixed

    amount of $250 p.w. - Due to health problem ( both feet damaged can not walk or drive - has to have an operation ASAP therefore owner wants to sell his business " urgently" Motivated vendor.


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)

$14,735

Cost of Goods

$4,420

Gross Profit

$10,315

Rent

$3,087

Wages

$3,500

Telephone

$50

Insurance

$60

Electricity

$300

Gas

$50

Misc1

$250

Total Expenses

$7,297

Net Profit

$3,018

Price

$59,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Korean Cuisine

Business Code: W2022
Price: $59,000

Key Features: Takeaway - Korean street food- Nets over $3000 p.w. - Inner West

State: NSW

Location: Situated in foodcourt of major shopping centre in the Inner West.

Business Overview

Well established Korean Street food takeaway franchise. The menu features popular items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, Kransky sausages and drinks attracting strong interest from both local residents and visitors. Food court seating - The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner.

Summary

  • Key Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand with 11 stores - Simple menu and easy operation - Fully fitted commercial kitchen - Fully under management.
  • Potential: Ideal for owner-operator couple to reduce staff costs and increase profit - expand catering and delivery services through internet - add new menu items to suit young customers.
  • Premises: This business has an area of 55 sq. mts.
  • Trading Hours: 7 days - 9:00 a.m - 6:00 p.m - Thursday - 9:00 a.m - 8:00 p.m.
  • Lease: Current lease expires April, 2031 - Bond 3 months - Rent increases by 2.5%+ CPI yearly.
  • Employees: Fully under Management - 2 full timers + 1 part timer.
  • Sale Reason: Health problems.
  • Comments:

    Rent includes outgoings, marketing fees, and storage rental fee - Misc.1 - Franchise royalty fixed

    amount of $250 p.w. - Due to health problem ( both feet damaged can not walk or drive - has to have an operation ASAP therefore owner wants to sell his business " urgently" Motivated vendor.


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

$14,735

Cost of Goods

$4,420

Gross Profit

$10,315

Rent (ex GST)

$3,087

Wages

$3,500

Telephone

$50

Insurance

$60

Electricity

$300

Gas

$50

Misc1

$250

Total Expenses

$7,297

Net Profit

$3,018

Price

$59,000

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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.