Internal Ref: W1887
Summary
SBX Code: W1887 - Long established for 17 years. Weekly takings $30,000 p.w. Under management.
Rent
$3,978 pw
Net Profit
$7,500 pw
Location Details
Situated in the heart of Sydney CBD business district.
Potential
Extension of working hours could increase sales - Possibly change to Chinese, Thai or Vietnamese cuisine menu. There are a lot of International students and Asian families living nearby.
Hours
7 days - Monday to Sunday 1100 am to 900 pm.
Lease
Current lease expires January 2032 - 3 months bond - rent increase by 4% per year.
Employees
Fully under Management - 3 full timers +3 part timers
About the Business
Restaurant - Korean Cuisine - Takeaway - Sydney CBD
SBX Code: W1887
Korean fusion restaurant featuring an extensive range of Korean and Chinese entrees, soups, noodles and rice dishes such as sweet & sour pork, seafood Jampong, prawn and egg fried rice, garlic chilli chicken, creamy prawns, hot chilli chicken, stir fried garlic bokchoy, noodle bowls, etc. Its greatest hits include generous sizes and reasonable prices. Menu features 40 plus dishes, There are also set menus, starting from $29 per person as well as a selection of wine, Chinese and Korean liquor, rice wine and Asian and Australian beers.- 72 seats - liquor license - cool room
Features
Best location in Central Business District. close to Sydney University City campus and close to World Square. - Many regular customers, Well known, Famous Fusion Restaurant for 17 years.
Premises
This well known Korean fusion restaurant has an area of 100 sq. mts.
Comments
All equipment belongs to business. Successful, good reputation fusion restaurant. Low price for quick sale. Motivated vendor. A must inspection. Another branch of the same restaurant in Haymarket is also for sale, Check the SBX website Code number W1886. Staff are not aware, inspections only through your broker.
SBX Code: W1887
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