Restaurant - Korean BBQ - W1984

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$549,000

Description

Restaurant specialising in Korean BBQ which invites guests to gather around the grill and enjoy premium cuts of wagyu, marinated favourites, and fresh seafood cooked to perfection at the table. A vibrant array of traditional Korean side dishes complements every meal, creating a true feast to share with family and friends. With its warm atmosphere, modern setting, and commitment to quality, this Korean BBQ offers a welcoming space where community and flavour come together. - 88 seats - 22 gas BBQ tables installed.

Potential

Can be converted to a buffet restaurant, yumcha, or family owned seafood restaurant. Could also convert to halal meat BBQ restaurant.

Features

Best location. Spacious new shop with all kitchen and hall equipment near new. More and more customers daily. Excellent air conditioning system & ventilation system in the kitchen and hall. No heavy cooking. Very easy operation.

Premises

This business has an area of 200 sqm

Location

Situated very close to shopping centre on street with restaurants and cafes in the Western Suburbs.

Trading Hours

7 days - 11:30 am to 10:00 pm

Lease

7 years lease from June 2025- 4 months bond - Rent increases by 4% per year

Employees

1 owner - Management + 2 chefs + 2 full time( weekends 3 ) + 2 part time (weekends 3)

Comments

Misc.- 1- Pos machine lease payment $100/week. Top class gas BBQ duct system installed each table. Full training available with recipes. Motivated vendor. A must inspection Staff are not aware so inspections only through your SBX broker.

SBX ID

W1984

Figures
  • Takings: $35000/week (GST)
  • Cost of Goods: $10000
  • Gross Profit: $25000
  • Rent: $3527
  • Wages: $8500
  • Electricity: $650
  • Gas: $250
  • Misc 1: $100
  • Total Expenses: $13027
  • Nett Profit: $11973
  • Estimated Stock (Additional): $8000
  • All other values ex GST
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