Restaurant - Chinese & Korean Cuisine - W2003

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$189,000

Description

<p>Authentic Korean-Chinese cuisine restaurant celebrated for its vibrant flavours and diverse menu offerings. Customer reviews consistently highlight the extensive range of options, from the rich and savory black bean noodles to the hearty beef brisket noodle soup, showcasing a commitment to quality and authenticity. The menu features an impressive selection of Korean favorites, including stir-fried seafood noodles, cold buckwheat noodles, and tantalizing sweet and sour pork, each dish prepared to perfection. The inviting atmosphere is complemented by friendly and attentive service, ensuring a pleasant dining experience that keeps patrons coming back for more. Many reviews express satisfaction with the generous portion sizes and reasonable prices - 40 seats inside</p>

Potential

Owner couple could save on wages - . Advertise through internet - Open home delivery. - Add to menu.

Features

Best location on main eatery street. Good size shop. Long history stable business. - Reasonable rent. - Well known Chinese / Korean Restaurant.

Premises

This business has an area of 120-sqm

Location

Situated on busy restaurant and cafe strip in Inner West.

Trading Hours

7 days - 11:00 am to 9:00 pm

Lease

Current lease expires February 2031 - 3 months bond - rent increases by 5% per year

Employees

Fully under Management - 2 cook chefs full time- 2 hall staff part .

Comments

<p>Rent includes outgoing. For new owner plenty of days full training with recipes. Sales can be verified with Eptpos machine sales. Motivate vendor a must inspection. Staff are not aware inspections only through your SBX broker</p>

SBX ID

W2003

Figures
  • Takings: $23000/week (GST)
  • Cost of Goods: $6500
  • Gross Profit: $16500
  • Rent: $2700
  • Wages: $5500
  • Insurance: $60
  • Electricity: $400
  • Gas: $307
  • Total Expenses: $8967
  • Nett Profit: $7533
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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