Location:
Sydney 2000 > Sydney - Greater > New South Wales
Investment level:
$319,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
SBX Code: W1981 - Licensed - Seating 96 upstairs and downstairs - Takings $30,000 p.w.
$3,804 pw
$2,116 pw
Situated in the heart of Inner West amongst restaurants and cafes on commercial street.
Suits a family business - could save on wages with higher net profit. Do more advertising through local papers and internet.
Open 7 days - Monday - Sunday -1100 a.m - 1000 p.m
Current lease expires November,2029, - 3 months bond - rent increases by 3% per year.
1 Manager + 4 full time (incl. chef ) + 5 part time
Restaurant - Korean Cuisine - Franchise - Inner West
SBX Code: W1981
Authentic Korean franchise food & beer restaurant - A vibrant fried chicken spot with a relaxed, welcoming vibe. - Alongside its signature crispy chicken in various styles from classic bone-in to creamy and spicy boneless. It also serves hearty Korean favourites like pork bulgogi, short ribs, stews and popular sides include mozzarella sticks, cheese sticks and sweet potato chips. -Asahi beer and soju. Its a local hotspot for authentic Korean flavours. - Upstairs 51 seats - downstairs 45 seats. - Liquor license until 1000pm
Features
Prime location in restaurant street in Inner West. - Large store withplenty of space and seats - Good place for group meetings or parties. Food is very famous and delicious. - Full training available with recipes. Steady sales business.
Premises
This business has two storeys and is quite a big restaurant with an area of 300 sq. mts. and main kitchen with 3 cool rooms upstairs.
Comments
Korean fried chicken franchise business (13 stores in Sydney) - Misc.-1- Royalty 4% - Food cost 25%-30% of sales. - Easy to operate - Head office supplies chicken sauce, chicken boxes, packing materials (containers). Rent $3,804 includes outgoings. A must inspection. Motivated vendor. Staff not aware and inspections only through your broker.
SBX Code: W1981
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