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Restaurant - Grilled Korean BBQ -Takings $12,000 p.w. -Upper Nth Shore
Internal Ref: FN1372
Summary
SBX Code: FN1372 - Prime shopping centre entrance location - Excellent value - Licensed restaurant - Weekly sales $21,000 - Nets over $7,000 p.w. - Korean Chicken cuisine
Rent
$2,350 pw
Net Profit
$7,500 pw
Location Details
Prime location in busy Asian community dining area in Inner West Sydney shopping centre surrounded by popular restaurants and strong residential catch
Potential
Significant upside for an owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-Trading hours can be extended until 1000 pm to maximise revenue, and outdoor seating may be available providing additional customer capacity and exposure.
Hours
7 days - 11 am to 9 pm.
Lease
7 years lease commenced September 2024 - 3 months bond - 4% increase
Employees
1 owner + 1 full timer + 1 casual
About the Business
Restaurant -Takeaway- Korean Cuisine- Chicken - Inner West
SBX Code: FN1372
Well-established Korean restaurant specialising in Korean fried chicken and popular Korean dishes. The menu features a variety of signature fried chicken flavours including sweet & spicy, honey soy garlic, snow cheese and spring onion, together with customer favourites such as bibimbap, kimchi fried rice, tteokbokki, kimchi stew and seafood pancakes.-
The business has built a strong reputation within the local community and enjoys excellent Google and Uber Eats ratings, generating a loyal customer base and strong delivery sales.
Fully licensed restaurant with seating for approximately 18 customers, a full commercial kitchen and storage facilities.
Features
Prime position at the entrance of a busy shopping centre - Outstanding Google and Uber Eats ratings and customer reviews - Strong local brand recognition - Approx. 50% of sales generated through delivery platforms- Loyal and repeat customer base- No competition-
- Excellent value for a highly profitable business- Priced attractively for a quick sale despite strong profitability
Premises
Well-presented shop with an area of approx. 64 sq.mts, fully fitted with full kitchen facilities and storage
Comments
Genuine sales records available.- Fully renovated just 1 year ago. The premises are presented in excellent condition, with little to no additional fit-out or equipment investment required after purchase.- Rare opportunity to acquire a highly profitable Korean restaurant at a very reasonable asking price.
Inspection highly recommended.
SBX Code: FN1372
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