Restaurant- Korean BBQ Cuisine - W1951

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$295,000

Description

Restaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from menu of seasonal raw or marinated beef, pork, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes. The venue accommodates 36 indoor seats and 16 outdoor seats in the front of shop. It holds a full liquor license and is equipped with a full kitchen, and storage. - Liquor license until 10:00 p.m

Potential

Suits couple or family business. BBQ business is demanded in this area, can add up more to menu. Opportunities to expand through delivery services to surrounding apartments and residential areas.- Suitable for all types of restaurant operations with an existing DA approval until 10 pm.

Features

Well known specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Stable and growing business with strong customer demand. Could open any kind of Restaurant business such as Japanese, Korean, Chinese, Thai, Indian food Restaurants.

Premises

This business has an area of 120sqm

Location

Situated on restaurant and cafe eat street in the Inner West

Trading Hours

Open 7 days. - 12:00 noon - 10:00 pm.

Lease

Current lease expires June 2027, - Bond 3 months. - Rent increases by 4% p.a.

Employees

1 owner + full time chef

Comments

Motivated vendor, A must inspection. High season sales were $35,000/week.

SBX ID

W1951

Figures
  • Takings: $20000/week (GST)
  • Cost of Goods: $5500
  • Gross Profit: $14500
  • Rent: $3500
  • Wages: $2000
  • Electricity: $130
  • Gas: $100
  • Total Expenses: $5730
  • Nett Profit: $8770
  • Estimated Stock (Additional): $6000
  • All other values ex GST
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