Restaurant - Malaysian & Korean Cuisine -
Restaurants - Two businesses in one - Busy
tourist area - Takings $26,000 p.w. - SM1479

Industry: Food/Hospitality - Restaurant | Listed by: SBX Business Brokers
Key Strengths
About this business
Restaurant - Malaysian & Korean Cuisine - Sydney CBD - Agent SBX Code Number: SM1479

Restaurants - 2 businesses in one line with liquor licence. - Malaysian cuisine plus Korean BBQ with Asian BBQ hot pot - Both located in the same shop and use the same kitchen but serve two different food types. - They also serve Chinese, Japanese and Korean style BBQ and hot pot food with wagyu, beef, pork, lamb, chicken and seafood. - 120 seats.

Potential
Would suit owner operators - Do more promotion and do more delivery.

Features
Full commercial kitchen - Walk-in coolroom and walk-in freezer.

Premises
Near new state of art fit out with an area of 250 sq.mts.

Location
Situated in one of Sydneys busiest tourist locations.

Trading Hours
7 days - Mon. - Sun.- 11.00 a.m. - 11.00 p.m.

Lease
7 years lease commenced Oct.2017. - 5% annual increases. - 3 months bank guarantee.

Employees
Owner (admin only) + 4 full timers + 5 casuals.

Comments
Misc.- 1 - store room rent. - The business normal rent is $4,600 p.w. but from March,2020 is a discounted rent of $1,000 p.w. with monthly review. - Business takings last year averaged $33,000 p.w. - All figures on the books are available during meetings. The business set up cost was over $1 million.

Figures
Weekly Sales $26000
Rent (ex GST) $1000
Wages $9700
Profit $2090


Agent SBX Code Number: SM1479 - SBX Business Brokers
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Business Name / Ref #:
Contact Advertiser
Location:
Sydney
NSW
Asking Price:
$300,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
1000
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Restaurant - Malaysian & Korean Cuisine - Restaurants - Two businesses in one - Busy tourist area - Takings $26,000 p.w. - SM1479 ListingImage
About this business
Restaurant - Malaysian & Korean Cuisine - Sydney CBD - Agent SBX Code Number: SM1479

Restaurants - 2 businesses in one line with liquor licence. - Malaysian cuisine plus Korean BBQ with Asian BBQ hot pot - Both located in the same shop and use the same kitchen but serve two different food types. - They also serve Chinese, Japanese and Korean style BBQ and hot pot food with wagyu, beef, pork, lamb, chicken and seafood. - 120 seats.

Potential
Would suit owner operators - Do more promotion and do more delivery.

Features
Full commercial kitchen - Walk-in coolroom and walk-in freezer.

Premises
Near new state of art fit out with an area of 250 sq.mts.

Location
Situated in one of Sydneys busiest tourist locations.

Trading Hours
7 days - Mon. - Sun.- 11.00 a.m. - 11.00 p.m.

Lease
7 years lease commenced Oct.2017. - 5% annual increases. - 3 months bank guarantee.

Employees
Owner (admin only) + 4 full timers + 5 casuals.

Comments
Misc.- 1 - store room rent. - The business normal rent is $4,600 p.w. but from March,2020 is a discounted rent of $1,000 p.w. with monthly review. - Business takings last year averaged $33,000 p.w. - All figures on the books are available during meetings. The business set up cost was over $1 million.

Figures
Weekly Sales $26000
Rent (ex GST) $1000
Wages $9700
Profit $2090


Agent SBX Code Number: SM1479 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:1000

Trading Hours:

Website:

$300,000

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