Restaurant - Korean Cuisine -Under Full Management - W1933

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$155,000

Description

Restaurant serving premium tasty Korean dishes, variety of Korean fried chicken .such as crispy fried chicken, boneless crispy fried chicken, sweet sauce fried chicken, spicy pork and kimchi soup with rice, tuna rice balls with dried seaweed and mayonnaise etc.. Cool room, Inside 65 seats - outside 20 seats - Liquor license until 12:00 midnight.

Potential

Perfect for a couple or family business looking to reduce wage costs. - More high-rise apartment complexes are currently under construction nearby.-Extend to sell fried chicken products as takeaway - Uber or other home delivery- add catering services - Promote corporate functions and parties.

Features

Nothing to spend, Excellent shop fitout - High foot traffic area - Prominent location - Growing business- Flexible for any kind of food.

Premises

Beautifully presented prominent position with an area of 150 sq. mts.

Location

Situated in restaurant and cafe street in huge apartment complex in Inner West

Trading Hours

7 days - Monday to Sunday: 11:00 am to 9:30 pm.

Lease

New 5 year lease from April 2024 + 5 yrs option. 3 months bond, Rent increase by 3% per year.

Employees

Fully under management - 4 full timers + 3 part timers.

Comments

Perfect place for Lebanese buffet restaurant or cafe, monthly POS payment $110. - opening more shops in Sydney. Motivated vendor. Please do not approach staff. Inspections only through your SBX broker

SBX ID

W1933

Figures
  • Takings: $19000/week (GST)
  • Cost of Goods: $4800
  • Gross Profit: $14200
  • Rent: $2055
  • Wages: $6200
  • Outgoings: $356
  • Insurance: $44
  • Electricity: $275
  • Gas: $196
  • Misc 1: $28
  • Total Expenses: $9154
  • Nett Profit: $5046
  • Estimated Stock (Additional): $8000
  • All other values ex GST
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