Takeaway - Korean Cuisine - Foodcourt -Franchise - FN1298

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$190,000

Description

Takeaway shop offering an authentic selection of Korean street food, including Korean fried chicken, tokbokki, gimbab, fish cake skewer, chicken & fishball skewer, rice cake & sausage skewer, kransky sausage, and drinks- Ample food court seating and featuring a fully equipped kitchen.

Potential

Ideal for a motivated owner-operator or an experienced couple to reduce wages and improve profitability.- Increase local marketing for catering services, which are gaining popularity.- New developments and apartments under construction nearby, promising increased customer traffic.-Potential to extend trading hours to 10 p.m.

Features

Great location in busy foodcourt - Easy to operate. - Long lease. - Training provided.- Brilliant fit out. - Busy area.- Nothing to spend - Limited competition- Growing business

Premises

This business has an area of 67.2 sq. mts. with 12 sq.mts. storage

Location

Situated in a bustling food court within a shopping centre in an Inner West Sydney suburb, with high visibility and steady customer flow.

Trading Hours

7 days - Shopping centre hours. Monday to Sunday: 10 am to 8 pm.

Lease

5 years lease commenced December 2023 - 4% increases - 3 month bond

Employees

Under full management - 2 full timers +. 2 casuals

Comments

This business is part of a growing franchise network with 10 locations across Sydney, offering the stability and support of a well-established brand.- Misc.-1- Franchise fee: 4% plus GST of net sales - Rent includes outgoings.-Inspection is highly recommended, but please be discreet.

SBX ID

FN1298

Figures
  • Takings: $17020/week (GST)
  • Cost of Goods: $5294
  • Gross Profit: $11726
  • Rent: $3075
  • Wages: $3377
  • Telephone: $25
  • Insurance: $25
  • Electricity: $442
  • Gas: $121
  • Misc 1: $680
  • Total Expenses: $7745
  • Nett Profit: $3981
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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