Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$160,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Profitable Korean restaurant | 6 days only | $155K+ SDE | 17yrs established | simple operation with strong local following & growth potential.
$160,000 pa
An exceptional opportunity to acquire a long-established Korean restaurant with a strong local following and consistent cashflow. Operating for approximately 17 years, this business has built a solid reputation within the community for authentic Korean cuisine and reliable quality.
FINANCIAL SNAPSHOT
Weekly Sales averaging approximately $8,000 (ranging from $6,000 to $10,000)
Weekly Net Profit approximately $2,300
Annual Net Profit approximately $115,000
Plus Owner's Wage approximately $40,000
True SDE exceeding $155,000 per annum
Lean cost structure with cost of goods at approximately 20% under an owner-operator model, and total weekly wages of approximately $1,600.
KEY FEATURES
Well-established 17-year trading history
Strong and loyal local customer base
Consistent weekly revenue with proven profitability
Compact and efficient 80 sqm setup
Simple operation with low cost of goods
Only 6 trading days – rare lifestyle opportunity
Fully fitted and ready for immediate takeover
GROWTH OPPORTUNITIES
Significant upside available through extending trading days or hours, increasing online delivery presence, menu expansion, and targeted local marketing. A hands-on operator can further improve margins and scale revenue beyond current levels.
ENQUIRE NOW – serious buyers only.
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
The sale of this business is subject to contract and the final approval of the seller.
All fields are mandatory
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