Restaurant - Korean Cuisine - BBQ - Korean Restaurant - Inner West - Sales $29,000 p.w - Net $20,000 pw - W1753

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Restaurant - Korean Cuisine - BBQ - Inner West - Agent SBX Code Number: W1753

Restaurant serving specialised BBQ cuisine including entrees, eel BBQ, duck soup with rice, pork and beef BBQ, lunch specials, hag fish BBQ, wagu BBQ, fish BBQ, seafood noodles, and 15 varieties of delicious meals and noodles. - Licensed - Lovely outside courtyard area with 24 seats - 63 seats inside - big commercial full kitchen with cool room, and freezer - 5 restrooms, - Liquor license until 1200 midnight.- Function room upstairs.

Potential
Suit family business. - Huge potential - Ideal for motivated owner operator. - More marketing within the local area for catering. - Promote and deliver to surrounding apartments and residential area. - Huge apartments under construction nearby.

Features
Specialised BBQ Restaurant - Excellent spacious fit out - Beautiful courtyard area with 24 seats - Stable and growing business. - No competition in Sydney.

Premises
This business has an area of 160 sq.mts. with outside courtyard and pergola area.

Location
Situated in busy Inner West shopping strip close to train station, residential and commercial areas.

Trading Hours
7 days - Mon. - Tues. - Thurs. -Fri. - Sat. - Sun. - 1130 a.m.-1030 p.m. - Wed. - 5.00 p.m. - 10.30 p.m.

Lease
5 + 5 yr. lease commenced 28 /10 / 2019 - 3 months bond - 4% rent increases per year.

Employees
2 owners + 2 fulltimers + 6 casuals

Comments
Very famous restaurant in the Asian community. - Eels are imported from New Zealand.- Low food cost - Due to family problems a quick sale is required. - Motivated vendor - Staff are not aware of sale so please be discreet - Before inspection please contact agent. - Owner will provide full training for one month with recipes.- A must inspection.

Figures
Weekly Sales $40000
Rent (ex GST) $1846
Wages $4000
Profit $20000


Agent SBX Code Number: W1753 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$600,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2140

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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