Restaurant - Takeaway- Korean Cuisine - FN1247

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$110,000

Description

Takeaway and restaurant serving variety of Korean street foods and cold drinks with tasty recipes and meals including - house schnitzel, cheese schnitzel, hot noodles, cool noodles,, udon, ramen, hot chips, fried dumplings, rice dishes, hot soups with rice fried chicken, and Korean street food sets - 26 seats inside.-4 seats outside- Full kitchen.- Cool room and storage

Potential

Couple could save on wages and increase net profit. - Suit family business.- Could open 7 days

Features

Very best location - Passing foot traffic all day - Very well known - Easy menu to learn with training available - Very popular.

Premises

This business has an area of 70 sq. mts. with a wide frontage and glass doors open to busy main road.

Location

Situated on busy shopping strip, close to train station and shopping centre in Inner West.

Trading Hours

7 days - 11.30 - 1. 00 a.m.(permitted until 3 a.m.)

Lease

5 years lease commenced March, 2022, - 3 months bond - 5% increases per year

Employees

1 owner + 1 full timer + 2 casuals

Comments

Full training available - Motivated vendor - staff are not aware of sale - please be discreet

SBX ID

FN1247

Figures
  • Takings: $23000/week (GST)
  • Cost of Goods: $7000
  • Gross Profit: $16000
  • Rent: $3210
  • Wages: $4000
  • Outgoings: $460
  • Telephone: $30
  • Insurance: $50
  • Electricity: $230
  • Gas: $120
  • Misc 1: $500
  • Total Expenses: $8600
  • Nett Profit: $7400
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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