Restaurant - Korean Cuisine - BBQ - Korean Restaurant - Inner West - Sales $20,000 p.w - Nets $6,537 pw - W1753

Restaurant - Korean Cuisine - BBQ - Korean Restaurant - Inner West - Sales $20,000 p.w - Nets $6,537 pw - W1753

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

--


Industry :
Food/Hospitality
Sub Industry :
Restaurant

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 - 3 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
Outgoings - Council rates $33 p.w. land tax $ 115 p.w. -Due to family problems reduced for quick sale very famous restaurant in the Asian community. - Eels are imported from Tasmania.- Low food cost - 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 $20000
Rent (ex GST) $2056
Wages $4000
Profit $6537


Agent SBX Code Number: W1753 - 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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