Restaurant - Korean Cuisine - Restaurant - Korean Cuisine - North West Sydney - W1744

Restaurant - Korean Cuisine - Restaurant - Korean Cuisine - North West Sydney - W1744

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

North Ryde


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Restaurant - Korean Cuisine - North West Sydney - Agent SBX Code Number: W1744

Restaurant serving a new variety of Korean fried chicken with tasty recipes and meals including tender long chicken, creamy onion chicken, snow cheese chicken, signature fried chicken, sweet and spicy chicken, spring onion chicken and hot fried chicken - Also serves a Korean menu of over 25 dishes including Wagyu bulgogi, braised beef short rib, stir fry pork etc. - Licenced for beer and wine .- 32 seats inside - 30 seats outside.

Potential
Suit family business - New owner couple operation could save on wages - Promote to surrounding office towers and residential apartments - Could open 7 days which would increase sales

Features
Prime location - Excellent shop fitout - Bright and sunny.

Premises
This business has an area of 100 sq.mts.

Location
Situated on ground floor of high tower of apartments and offices in North West Sydney.

Trading Hours
6 days - Mon. - Sat. - 1100 p.m. - 1000 p.m.

Lease
4 + 4 year lease from 25th Oct. 2018 - C.P.I. rent increases - 3 months bond.

Employees
Fully under management - 1 Manager + 2 full timers + 6 part timers

Comments
Liquor License - On Premise license is active (7 days - 1000 a.m.-1000 p.m.) - Misc. -1- water - MIsc.-.2 - Rubbish collection $100, grease trap $36 etc.-Full training available - 5 other locations in Sydney - All stores are successful - No franchise fees - Head office supplies fried chicken premium ingredients which is imported from Korea.. Motivate vendor - staff are not aware of sale - please be discreet - A must inspection.

Figures
Weekly Sales $15000
Rent (ex GST) $1459
Wages $4000
Profit $4441


Agent SBX Code Number: W1744 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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