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Restaurant Chinese / Hong Kong - Sydney Northern Beaches -Net $4210 p.w..
Internal Ref: FN1365
Summary
SBX Code: FN1365 - Well-known Korean hot pot restaurant in busy Asian dining precinct with weekly sales of approx. $11,000- Famous Korean franchise brand with loyal repeat customers
Rent
$2,500 pw
Net Profit
$2,650 pw
Location Details
Situated on busy main road in Asian shopping street in Inner West.
Potential
Ideal family business with strong potential to increase sales through more active owner operation and online marketing. The spacious kitchen and layout would also suit various cuisines including Chinese, Thai, or other Asian concepts. There is also potential to further increase turnover by opening weekday lunch trading and extending operations to 7 days per week.
Hours
6 days Tue. - Fri. - 5 p.m- 10 p.m, - Sat - Sun 11a.m- 3 p.m.- 5 p.m. - 10 p.m. Closed Mon.
Lease
5 + 5 years lease commenced from February 2025 with 3% annual rent increases and 5 months bond.
Employees
Under semi management- 2 full timers + 1 casual
About the Business
Restaurant - Korean Cuisine - Inner West
SBX Code: FN1365
Well-established Korean cuisine restaurant known for its popular Korean comfort food and hot pot menu, attracting loyal local customers and repeat trade. Signature dishes include gamjatang, kimchi hot pot, soft tofu stew, bulgogi dishes, Korean fried chicken, and a variety of traditional Korean meals and alcoholic beverages.
The restaurant is part of a famous Korean hot pot franchise brand from South Korea with over 220 stores nationwide, recognised for its rich flavoured broth, quality ingredients, and strong customer reputation.
The business features 42 indoor seats and a fully equipped commercial kitchen.
Features
Famous Korean hot pot franchise brand- Stable sales and profitable operation- Well-known Korean restaurant in busy location- Fully equipped commercial kitchen -Strong Asian community and high foot traffic location
Premises
This restaurant has an area of approx. 100 sq.mts. with a fully equipped commercial kitchen.
Comments
A great opportunity to acquire a well-established Korean restaurant in one of Sydney's most popular Asian dining areas. Reduced price for quick sale - Invested over $170,000 in fit-out and equipment
SBX Code: FN1365
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