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Restaurant - Takeaway - Korean Cuisine - City Fringe - (Code: FN1014)

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Price: $80,000






Weekly Takings (inc GST) $6,000
Cost of Goods $1,500
Gross Profit $4,500
Rent $972
Wages $500
Outgoings $280
Telephone $30
Insurance $30
Electricity $123
Gas $35
Misc 1 $150
Misc 2 $
Total Expenses $2,120
Net Profit $2,380
Coffee Kilos P/W 0.0

Estimated Stock

$3,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant serving Korean cuisine including fresh home style Korean entrees, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area - 40 seats. - convenient back yard for cooking - two rooms included upstairs.

Potential
Open more hours - could do promotions and marketing - suit any cuisine

Features
A local icon - No competition - Low rent - Fully renovated in August

Premises
This business has an area of 108 sq .mtrs. including main restaurant, kitchen, garage, 2 rooms upstairs and 1 toilet

Location
Situated on busy main road in the City fringe close to residential and commercial buildings surrounded cafes and restaurants.

Trading Hours
7 days- Mon. - Wed. - 5 p.m.- 10 p.m.- Thurs..- Sun. - 11:30 a.m.- 3 p.m. - 5 p.m.- 10 p.m.

Lease
New lease commenced June 2015 - Expires June. 2018 + 5 year option - 3% increases - 4 month bond

Employees
2 owners + 1 casual

Comments
Upstairs 2 bedrooms (no separate entrance) can be used as accommodation.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXFN1014

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