Internal Ref: W1955
Summary
SBX Code: W1955 - Long established for 24 years with same owner now retiring - Very well known and popular - netting over $10,000 p.w.
Rent
$3,734 pw
Net Profit
$10,821 pw
Location Details
Situated in shopping centre food court in the Inner West.
Potential
Perfect opportunity for a motivated owner-operator or an experienced couple to step in and reduce wage costs, and increase profitability. Huge potential to expand catering services and boost local marketing.
Hours
7 days - Monday - Sunday -1030 a.m. - 800 p.m.
Lease
Current lease expires April, 2027 + 2 yrs option - Bond $60,000, - No rent increases
Employees
1 owner part time + 2 full timers + 5 part timers
About the Business
Restaurant - Korean & Japanese Cuisine - Inner West
SBX Code: W1955
Famous restaurant offering a blend of authentic Korean and Japanese cuisines. The menu features a diverse selection, including sushi, bento boxes, udon, yakisoba, stone pot rice, and bibimbaps, catering to a variety of tastes. Patrons often praise the stone pot rice dishes, which combine both culinary styles into a mouthwatering experience. The restaurants welcoming and relaxed atmosphere makes it an ideal spot for casual gatherings or family meals. With generous portion sizes and affordable prices the restaurant provides a satisfying dining experience for all.- 46 seats inside.
Features
Same owner for 24 years with good reputation. Top location. Excellent food with good prices. A good size restaurant. Long term stable business with an extensive menu of Japanese and Korean food.
Premises
This long term Korean Restaurant has an area of 100 sq. mts.
Comments
Rent includes outgoings - Misc.-1.- POS machine rental $8.50 p.w. - Current uber sales approx. $3000 p.w.-After 24 years operating the same business, vendor wants to retire. - A must inspection. Staff not aware - Inspections only through your SBX broker.
SBX Code: W1955
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