Restaurant - Korean BBQ Cuisine - FN1306

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$370,000

Description

Korean BBQ restaurant featuring tabletop charcoal grills at each table, allowing diners to enjoy an authentic Korean BBQ experience. The menu offers premium raw and marinated meats including beef ribs, pork ribs, chicken, and seasonal vegetables, along with popular Korean dishes such as Bulgogi, Jeyuk, Bibimbap, and Korean fried chicken. The premises include a fully equipped commercial kitchen, cool room, ample storage, and seating for 100 customers indoors and 20 outdoors. The venue also holds a full liquor license, enhancing dining experience and revenue opportunities.

Potential

Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.- Can open 7 days

Features

Prime Central Coast location. - No direct competition in the area -Fully fitted kitchen with high-end charcoal BBQ setup -Loyal and growing customer base

Premises

This business has an area of 239 sq. mts. including storage and cool room

Location

Situated in newly built shopping centre close to highway in the Central Coast.

Trading Hours

6 days - Tuesday to Thursday: 5:00 pm to 9:00 pm. Friday to Sunday: 11:30 am to 2:00 pm & 5:00 pm to 9:00 pm.

Lease

5 years lease expires July 2028- New lease available upon negotiation -5% annual rent increases. - 3 months bank guarantee required

Employees

1 owner + 1 full timer + 8 casuals

Comments

Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. Inspections only through your SBX broker.

SBX ID

FN1306

Figures
  • Takings: $17000/week (GST)
  • Cost of Goods: $4000
  • Gross Profit: $13000
  • Rent: $3200
  • Wages: $1850
  • Outgoings: $617
  • Telephone: $20
  • Insurance: $30
  • Electricity: $100
  • Gas: $125
  • Misc 1: $58
  • Total Expenses: $6000
  • Nett Profit: $7000
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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