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Internal Ref: FN1369
Summary
SBX Code: FN1369 - Korean BBQ cuisine - Licensed - Inner West Sydney - Korean town- Profitable and well-established business - Net profit approx. $16,000 p.w.
Rent
$1,800 pw
Net Profit
$16,000 pw
Location Details
Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and a
Potential
Ideal for an owner-operator or family business.-Opportunity to increase sales through catering, functions, and online delivery platforms.-Potential to grow liquor sales through promotions and group bookings.-Benefit from growing residential population and strong Korean community.-Potential to extend trading hours or introduce lunch service.
Hours
6 days - Mon. Wed - Sun. - 3 p.m.-10 p.m - Closed Tuesday
Lease
5 + 5 year lease commenced June 2023 - 3 months bond, Increases 4% per annum
Employees
2 owners + 3 full-timers + 4 casual staff.
About the Business
Restaurant - Korean Cuisine - Inner West
SBX Code: FN1369
Well-known Korean BBQ restaurant specialising in premium pork and duck dishes, complemented by a wide range of traditional Korean favourites including marinated meats, Korean fried chicken, hot pots, seafood dishes, and authentic side dishes. The venue offers 56 indoor seats, creating a comfortable and vibrant dining atmosphere suitable for family gatherings, group functions, and corporate events. Fully equipped with BBQ tables, a commercial kitchen, cool room, and ample storage area, the business is designed for efficient and profitable operations. Licensed premises with a strong local reputation and loyal customer base.
Features
Well-established Korean BBQ restaurant -Strong weekly sales and excellent profitability.-Licensed premises.-Prime location in a popular Korean dining precinct.-Loyal repeat customer base.-Fully equipped restaurant operation.-High-profile street exposure.-Easy-to-operate business with experienced staff.
Premises
Well-presented restaurant of approx. 95 sq. .mts, The premises feature a fully equipped commercial kitchen, BBQ dining setup, cool room, storage facilities, preparation area, and quality fit-out throughout, providing an efficient and easy-to-manage operation.dining facilities designed for charcoal BBQ operations.
Comments
A highly regarded Korean BBQ restaurant with strong weekly turnover, excellent profitability, and an established customer base. A rare opportunity to acquire a successful and well-known hospitality business in the heart of Lidcombe's Korean precinct.
SBX Code: FN1369
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