Internal Ref: M2290
Summary
SBX Code: M2290 - A well established and budget-friendly Korean BBQ buffet restaurant. Open 7 dinners. Under management. Plans to open lunch to boost sales.
Rent
$3,947 pw
Net Profit
$7,140 pw
Location Details
Situated in Inner West area with large Asian community and close to high foot traffic of railway station and new Metro station
Potential
Adding lunch specials will boost the sales expected to reach $50000 - $60000 a week. Promote marketing through media presence. - A motivated owner operator could save on wages and increase sales and profit.
Hours
7 dinners - 5 p.m. - 930 p.m.
Lease
5 + 5 years lease commenced Sept. 2025. - 3% annual increases. - 3 months bond.
Employees
Fully under management- 10 staff including full timers and part-timers and casuals.
About the Business
Restaurant - Korean/Asian BBQ Buffet - Under Management - Inner West
SBX Code: M2290
Specialised Korean/Asian BBQ Buffet restaurant serving fresh and high quality meats and side dishes and offering all-you-can-eat BBQ meat and buffet selection. BBQ grill tables with 100 seats inside and 25 seats outside. . Licenced. - Currently using charcoal for BBQ cooking, with plans to transform gas grill cooking which will connect each table ( install new tables ) for comfortable service and easy operation. Currently the business only trading 7 dinners from 5 pm - 9:30 pm., planning to open lunch buffet soon.
Features
Long established for 18 years. - Spacious and well presented fit out. - High takings with repeat customers and consistent weekly sales. - Long 10 years lease. - Stable income with short trading hours. - Under management.
Premises
Well presented and newly refurbished shop with total area approx. 250 sqm including large commercial kitchen, renovated cool room and freezer room
Comments
Misc.- 1- Refers to waste bill and other general business expenses. A long-standing and budget-friendly Korean BBQ buffet that's loved by locals and has earned great reviews over the years. - Well priced for sale. - A must inspection. - The business details and actual figures will be shown at a meeting.
SBX Code: M2290
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