Restaurant - Takeaway -Korean Cuisine - Franchise - W1849

shadow
Click Here For More Information

$179,000

Description

Franchise Korean fried chicken ( 7 stores in Sydney) serving fried chicken platter, couples pack, spicy chicken burgers, and 11 different varieties of Korean fried chicken, 5 meal boxes, 12 sides, nuggets, chips, 9 rice bowls, prawn curry rice bowl, 5 noodles (Teriyaki chicken, ramen, bulgogi) - inside 12 seats, - outside 16 seats. - 12 seats inside.

Potential

New owner couple could save on wages. Fantastic opportunity to own an established and extremely successful profitable business. Could do some marketing around the area. - Continue to grow the business.

Features

Very easy to operate - Prime location. Well set up beautiful near new shop. - Corner location. - Under management.

Premises

This business has an area of 100 sq. mts.

Location

Situated outside Western Suburbs shopping centre in the car park area.

Trading Hours

7 days, Sunday to Thursday: 11:00 am to 9:00 pm. Friday & Saturday: 11:00 pm to 10:00 pm.

Lease

Current lease expires May 2027 - Bond 6 months - Rent increases 4% per year

Employees

Fully under management - 2 full timers + 3 part timers

Comments

Misc.1. Franchise fee 4% of sales. - Franchise fee of $50,000 additional. - Franchisor (head office) supplies menu, continuous ongoing support, training. Could open longer hours - Head office also supplies chicken powder, all chicken sauces, packing materials, marinated chicken. Head office can supply half cooked chicken in frozen condition as well. - Double frying helps render out the fat from the chicken skin and gives it a crispy, crunchy exterior. Available on multiple delivery service apps. Including Uber Eats , Menu Log , Deliveroo and DoorDash. Staff are not aware. Inspections through SBX broker.

SBX ID

W1849

Figures
  • Takings: $16500/week (GST)
  • Cost of Goods: $5500
  • Gross Profit: $11000
  • Rent: $1930
  • Wages: $4000
  • Electricity: $185
  • Gas: $40
  • Misc 1: $735
  • Total Expenses: $6890
  • Nett Profit: $4110
  • Estimated Stock (Additional): $5000
  • All other values ex GST
Click Here For More Information