Description

<p>Well-established Korean restaurant specialising in Korean fried chicken and popular Korean dishes. The menu features a variety of signature fried chicken flavours including sweet & spicy, honey soy garlic, snow cheese and spring onion, together with customer favourites such as bibimbap, kimchi fried rice, tteokbokki, kimchi stew and seafood pancakes.- </p><p>The business has built a strong reputation within the local community and enjoys excellent Google and Uber Eats ratings, generating a loyal customer base and strong delivery sales.</p><p>Fully licensed restaurant with seating for approximately 18 customers, a full commercial kitchen and storage facilities.</p>

Potential

Significant upside for an owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-Trading hours can be extended until 10:00 pm to maximise revenue, and outdoor seating may be available providing additional customer capacity and exposure.

Features

Prime position at the entrance of a busy shopping centre - Outstanding Google and Uber Eats ratings and customer reviews - Strong local brand recognition - Approx. 50% of sales generated through delivery platforms- Loyal and repeat customer base- No competition- - Excellent value for a highly profitable business- Priced attractively for a quick sale despite strong profitability

Premises

Well-presented shop with an area of approx. 64 sq.mts, fully fitted with full kitchen facilities and storage

Location

Prime location in busy Asian community dining area in Inner West Sydney shopping centre surrounded by popular restaurants and strong residential catchment.

Trading Hours

7 days - 11 am to 9 pm.

Lease

7 years lease commenced September 2024 - 3 months bond - 4% increase

Employees

1 owner + 1 full timer + 1 casual

Comments

<p>Genuine sales records available.- Fully renovated just 1 year ago. The premises are presented in excellent condition, with little to no additional fit-out or equipment investment required after purchase.- Rare opportunity to acquire a highly profitable Korean restaurant at a very reasonable asking price.</p><p>Inspection highly recommended.</p>

SBX ID

FN1372