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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $700000

      W1597 - Business For Sale - Restaurant Good location

      Restaurant - Chicken - Korean Franchise - Sydney CBD
      SBX Business Code: W1597
      Restaurant serving a new variety of Korean fried chicken with tasty recipes and meals including tender long chicken, creamy onion chicken, snow cheese chicken, signature fried chicken, sweet and spicy chicken, spring onion chicken and hot fried chicken - Also serves a Korean menu of over 25 dishes including Wagyu bulgogi, braised beef short rib, stir fry pork etc. - live music system on Friday - 120 seats - Licenced serving beer and wine.

      Potential
      Suit two family business - owner operation could save on wages - promotion to Chinese and Asian society media could have more young customers

      Features
      Best location. - Spacious and excellent shop fitout.

      Premises
      This business has an area of 280 sq.mts.

      Location
      Situated on busy main road in heart of Sydney C.B.D.

      Trading Hours
      6 days - Mon. - Thurs. - 1130 a.m. - 1200 p.m.-Fri. - Sat. - 1100 a.m.- 0100 a.m.

      Lease
      Current lease expires 20 / 9 / 2020 + 4 years option -3 months bond - 3% rental increases per year

      Employees
      Fully under management - 4 fulltimers + 6 parttimers

      Comments
      All furniture and equipment are of high quality. - Could change to Bar or Karaoke.- There are two separate private guest rooms - Room 1 ( 20 seats) - Room 2 (14 seats) - Full training available - 5 other locations in Sydney - All stores are successful - No franchise fees - Head office supplies fried chicken premium ingredients which is imported from Korea.. Motivate vendor - staff are not aware of sale - please be discreet - A must inspection.
      Figures
      Weekly Sales $27380
      Rent (ex GST) $4555
      Wages $6495
      Profit $7000

      SBX Business Code: W1597

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2014020142

      Last updated

      23 Feb 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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