Internal Ref: CB1524
Summary
SBX Code: CB1524 - Shopping centre foodcourt - Long lease with modern kitchen facilities - Well cited for cinema patrons.-Takings $21,000 p.w. Netting over $6000 p.w.
Rent
$3,500 pw
Net Profit
$6,760 pw
Location Details
Ideal location in busy food court precinct in large shopping centre, close to theatre complex, in high growth Sydney West.
Potential
Extend hours.
Hours
7 days - Mon. - Thurs./Sun. 11.30 a.m. - 9.00 p.m.- Fri. / Sat.- 11.30 a.m. - 9.30 p.m.
Lease
Current 7 year lease commenced June, 2023 - Increase 5% - Bond 3 months.
Employees
1 owner - 1 full time chef - 9 casuals.
About the Business
Cafe - Restaurant - Franchise - Western Suburbs
SBX Code: CB1524
Restaurant, member of a fast-growing Franchise chain, and offering a distinctive menu based on savoury Korean flavours, with an emphasis on chicken and complimented with draft beer. The business is located on the ground floor of a large shopping centre in Western suburbs of Sydney, and currently opens 7 days for lunch and nights. It is ideal for an owner-operator or family business. The menu presents a wide choice of well-priced meals including tasty appetisers, chicken meals to share, special chicken dishes, an eclectic range of burgers, pancakes, fried rice meals, noodles and stir-fried beef. Kids are well-catered for, and desserts have proven popular. Key features of the business include strong sales of $21,000. attractive franchise fees of 5% and 2% marketing and good rent with 5 years remaining on lease. No prior experience is required with full training and on-going support. An ideal business for a progressive family. An established Franchise brand with over 30 locations and high growth program. An excellent opportunity to purchase a successful franchise business at a fraction of the cost of establishing a new fit-out facility.
Features
Strong local support - Well sited to take advantage of cinema patrons - Long lease - Great al fresco dining area - Modern kitchen facilities - Very popular menu and supported by well established franchisor.
Premises
Attractive, vibrant and modern premises with large al fresco dining area. Kitchen well equipped with all modern facilities and an area of 90 sq. mts.
Comments
Misc.- 1- Franchise fee 5% - marketing 2% - Buyer to undergo 1 weeks training in Melbourne at own expense.
SBX Code: CB1524
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