Restaurant - Korean Cuisine - Takeaway - W1927

shadow
Click Here For More Information

$145,000

Description

Restaurant serving Korean cuisine with a variety of entrees including deep fried dumplings, steamed dumplings, seafood pancakes, spicy kimchi pancakes with main menu of 4 bibim babs, kimchi pork fried rice, fish roe hot stone rice, marinated eel with rice, sizzling beef bulgogi, hot and spicy pork bulgogi, soy chicken bulgogi, chefs special stir fried kimchi, pork with tofu, steamed pork belly, spicy stir fried squid & pork belly, etc.- Liquor license obtained. -38 seats inside- 4 seats outside. Top class equipment with a full kitchen and cool room.

Potential

Asian food experienced couple could earn more money. Extension of working hours could increase sales. There are a lot of Chinese people and families living and visiting this area so could add more Chinese influenced food and drinks.

Features

A good size, good location restaurant . Very cheap rent. Full kitchen for any kind of food. Good location for pizza as well. Wide frontage with glass wall, and spacious.

Premises

This business has an area of 150 sq. mts. with wide frontage and glass wall.

Location

Situated on restaurant and cafe eatery street in the Inner West

Trading Hours

6 days - Monday to Saturday: 11:00 am to 3:00 pm & 5:00 pm to 8:30 pm.

Lease

5 + 5 year lease from March 2019 - 3 months bond, Rent increases by 4% per year.

Employees

2 owners work full time + 1 part timer.

Comments

POS machine rental fee 1% of sales. Suit any kind of food business. . Motivated vendor. A must inspection, Inspections through your broker.

SBX ID

W1927

Figures
  • Takings: $12500/week (GST)
  • Cost of Goods: $2200
  • Gross Profit: $10300
  • Rent: $1446
  • Wages: $630
  • Outgoings: $15
  • Telephone: $30
  • Insurance: $45
  • Electricity: $320
  • Gas: $120
  • Total Expenses: $2606
  • Nett Profit: $7694
  • Estimated Stock (Additional): $4500
  • All other values ex GST
Click Here For More Information