Listing status: Inactive

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Restaurant - Korean Cuisine - Korean Restaurant - North West shopping centre - Takings $24,000 p.w. - W1770

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


Key Strengths:


About the business

Restaurant - Korean Cuisine - North West - Agent SBX Code Number: W1770

Restaurant serving Korean cuisine including whole garlic soy chicken, Korean Royal Court stir fried rice cake, whole fried chicken. shallot pancake, beef bibimbab, kimchi stew with pork, spicy squid, pork bulgogi, ginseng chicken soup, spicy sausage hot pot, fish roe hot pot etc. - The venue seats 30 inside and food court seats.- Full liquor license until 300 a.m. - Top class equipment - full kitchen

Potential
Could trade up to 7 days - current owner closes on Monday. - An enthusiastic owner operator or couple could increase sales and profit - do more promotion - huge apartments are near this business.

Features
Excellent fit out - Brilliant modern interior. - Great location, - No competition - Good reputation and review. - Unique opportunity - Profitable - Nothing to spend. - Good working conditions and environment.

Premises
This business has an area of 90 sq. mts.

Location
Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings

Trading Hours
6 days - 1100 a.m. - 300 p.m - 500 p.m. - 840 p.m.- closed Mon.

Lease
7 years lease from November, 2020 - Rent increases 5% per year - 4 months bond. (No guarantor needed)

Employees
1 owner + 2 full timers , + 3 part timers

Comments
Misc.- 1 - Storage / week. - Before Covid 19 sales were an average of $32,000 p.w. - Sales are now growing very good review on google (4.5), - rare opportunity - owner willing to give training and recipes. - Staff are not aware of sale so please be discreet - inspection contact agent, by appointment only.

Figures
Weekly Sales $24000
Rent (ex GST) $1736
Wages $5609
Profit $8000


Agent SBX Code Number: W1770 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$500,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2154

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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