Takeaway - Korean Chicken - W2002

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$69,000

Description

<p>Takeaway selling a famous Korean Fried Chicken brand with a menu featuring a variety of signature fried chicken flavours including customer favourites such as deep frying to a crunchy perfection, and topping up with mouth watering sauce to satisfy including original, spring onion, Jalapeno, creamy, Dalcorn, spicy garlic soy, Gangjung and also burgers, Tteokbokki, fried rice and chicken combo box. - This business has built a strong reputation and enjoys excellent Google and Uber Eats ratings,(5.0) - Customers share the food court seating plus 12 shop seats.</p>

Potential

Would suit 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-

Features

Modern kiosk style set up. - Prime location in the food court. - Outstanding Google customer reviews - Strong local brand recognition - Loyal and repeat customers - No competition- - Excellent value for a highly profitable business - Priced attractively for a quick sale .- Fully under management.

Premises

This business has an area of 30 sq. mts. with a beautiful compact kiosk style set up.

Location

Situated in the middle of food court in major shopping centre in West Sydney.

Trading Hours

7 days - 9:00 a.m - 5:00 p.m- Thursday until 8:00 p.m

Lease

Current lease expires August, 2029 - Bond 3 months, - Rent increases by C.P.I + turnover base ( approx. 5% per year)

Employees

Fully under Management - 2 full timers - 9:00 a.m-5:00 p.m). - Thurs. - 2 full timers until 8:00 p.m

Comments

<p>Sales are stable through the year ( Easter, Christmas, School holidays - higher) - Storage use optional. (current owner pays $600 p.m.) Shopping Centre expects buyer to keep the same chicken menu and trading name. Shop fitout cost was over $150,000, - Very cheap business price for quick sale. - Motivated vendor. A must inspection through your SBX broker.</p>

SBX ID

W2002

Figures
  • Takings: $12000/week (GST)
  • Cost of Goods: $3600
  • Gross Profit: $8400
  • Rent: $2630
  • Wages: $3200
  • Outgoings: $26
  • Insurance: $80
  • Electricity: $76
  • Gas: $115
  • Total Expenses: $6127
  • Nett Profit: $2273
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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