Restaurant - Korean BBQ Cuisine - W1890

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$125,000

Description

Restaurant serving Korean style cuisine - Installed table top charcoal BBQ grill on each table serving high quality meat and sides dishes. Customers can select in season raw or marinated beef rib, pork rib, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken. Variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup, and various Korean bar snacks - The venue seats up to 56 people inside. Full liquor license. - full kitchen, cool room.

Potential

No competition, Huge demand for Korean BBQ, Could open 7 days till late as there is high demand, Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.

Features

Excellent shop fit out with BBQ grill on each table. Only Korean BBQ Restaurant in this area. Easy to manage. High margins, Sales increasing weekly Regular repeat customers

Premises

This business has an area of 180 sq. mts. including storage and toilet.

Location

Situated in residential / commercial area of Central Coast.

Trading Hours

6 days - 11:00 am to 10:00 pm. Wednesday to Monday. Closed Tuesday

Lease

Current lease expires November 2024 + 3 yrs option - Bond 3 months. - Rent increases by 4% per year.

Employees

2 owners + 1 full timer

Comments

Food prices are reasonable for the quality of food and service provided, making it an ideal spot for casual dining or special occasions. The interior design is modern and sleek. Full training provided by vendor with full recipes for fried chicken and Korean meals. All equipment belongs to business, nothing leased. Motivated vendor. A must inspection, Please do not contact staff or owner. Inspections through your SBX Broker please.

SBX ID

W1890

Figures
  • Takings: $12000/week (GST)
  • Cost of Goods: $3500
  • Gross Profit: $8500
  • Rent: $839
  • Wages: $1000
  • Electricity: $140
  • Gas: $100
  • Total Expenses: $2079
  • Nett Profit: $6421
  • Estimated Stock (Additional): $7000
  • All other values ex GST
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