Takeaway - Korean Fried Chicken - Franchise - W1883

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$150,000

Description

Takeaway Franchise for Korean fried chicken serving chicken platter, couples pack, spicy chicken burgers, and 11 different varieties of fried chicken, 5 meal boxes, 12 sides, nuggets, chips, 9 rice bowls, prawn curry rice bowl, 5 noodles (teriyaki chicken, ramen, bulgogi) - Cool room.

Potential

New owner couple could save on wages. higher net profit. Could do some marketing around the area. Continue to grow the business. Could open longer hours

Features

Prime location .Very easy to operate - Well set up beautiful near new shop (1 year ) - Under management. Franchise with 11 stores in Sydney.

Premises

This business has an area of 40 sq. mts.

Location

Situated outside the shopping centre in front of car park area in Western suburbs.

Trading Hours

7 days - Monday to Wednesday: 11:00 a.m to 9:00 p.m. Thursday, Friday, Saturday: 9:00 a.m to 10:00 p.m.

Lease

Current lease expires November 2027 - 3 months bond - Rent increases 4% per year.

Employees

Fully under management - 2 full timers + 1 part timer

Comments

Misc.- 1- Franchise fee 4% of sales. - Franchise fee of $50,000 additional. - Franchisor (head office) supplies menu, continuous ongoing support, training. - 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

W1883

Figures
  • Takings: $13500/week (GST)
  • Cost of Goods: $4500
  • Gross Profit: $9000
  • Rent: $972
  • Wages: $3200
  • Telephone: $25
  • Insurance: $75
  • Electricity: $200
  • Gas: $150
  • Misc 1: $491
  • Total Expenses: $5113
  • Nett Profit: $3887
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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