Skip to main content

Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • $199,000 (GST na)

W1744 - Business For Sale - Restaurant Restaurant - Korean Cuisine - North West Sydney

Restaurant - Korean Cuisine - North West Sydney
SBX Business Code: W1744
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. - Licenced for beer and wine.- 32 seats inside - 30 seats outside.

Potential
Suit family business - New owner couple operation could save on wages - Promote to surrounding office towers and residential apartments - Could open 7 days which would increase sales

Features
Prime location - Excellent shop fitout - Bright and sunny.

Premises
This business has an area of 100 sq.mts.

Location
Situated on ground floor of high tower of apartments and offices in North West Sydney.

Trading Hours
6 days - Mon. - Sat. - 1100 p.m. - 1000 p.m.

Lease
4 + 4 year lease from 25th Oct. 2018 - C.P.I. rent increases - 3 months bond.

Employees
Fully under management - 1 Manager + 2 full timers + 6 part timers

Comments
This business has not been affected by Covid 19. - Sales are almost the same as before. - Liquor License - On Premise license is active (7 days - 1000 a.m.-1000 p.m.) - Misc. -1- water - MIsc.-.2 - Rubbish collection $100, grease trap $36 etc.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 $15500
Rent (ex GST) $1459
Wages $4500
Profit $4200

SBX Business Code: W1744

SBX Business Brokers - Sydney Business Exchange

Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
CallEmail