Restaurant - Takeaway - Korean Cuisine - W1853

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$99,000

Description

Restaurant - Takeaway serving Korean cuisine such as variety of BBQ pork, chicken, beef and hot pot. Chefs specials, soups, entrees and variety of meals and noodles and fresh sashimi. - Doing catering to Council (ATO), and schools. - Fully equipped Korean BBQ ducted system, full commercial kitchen and one sub kitchen with storage.- 46 seats inside,

Potential

Suit family business, - experienced owner couple could save on wages, increase higher net profit. Could open 7 days. Liquor License (STA), Could change to any kinds of other cuisine, Chinese, Thai, Western.

Features

Prime location, - Good reputation for many years. - Top class shop fit out. - No competition. - Very cheap rent with long lease term. - Stable sales and income.

Premises

This business has an area of 170 sq. mts. ground floor and 72 sq. mts. sub-floor.

Location

Prime location in heart of Central Coast, close to train station and Tafe and surrounded by over 2000 units under construction.

Trading Hours

6 days, Monday closed. Lunch: Tuesday to Sunday: 11:00 am to 2:00 pm. Dinner: Tuesday to Sunday: 5:00 pm to 10:00 pm

Lease

3 + 3 years lease commenced August 2022. - Bond $5,000 - C.P.I. rent increases.

Employees

1 owner + 3 casuals

Comments

Can open 6 days for Korean tour group. Growing business with a lot of potential. Sub-floor can be subleased. Lovely set up Korean BBQ . Number 6 of 124 restaurants in the area.( Google review) . A must inspection,

SBX ID

W1853

Figures
  • Takings: $7500/week (GST)
  • Cost of Goods: $1800
  • Gross Profit: $5700
  • Rent: $724
  • Wages: $700
  • Outgoings: $80
  • Telephone: $25
  • Insurance: $30
  • Electricity: $175
  • Gas: $30
  • Total Expenses: $1764
  • Nett Profit: $3936
  • Estimated Stock (Additional): $3000
  • All other values ex GST
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