Internal Ref: W1753
Summary
SBX Code: W1753 - Unique opportunity - Well known within Asian community - Netting $9,000 p.w. Seats 87 - Licenced - Only one in Sydney
Rent
$1,993 pw
Net Profit
$9,000 pw
Location Details
Situated in busy Inner West shopping strip close to train station, residential and commercial areas.
Potential
Suit family business. - Huge potential - Ideal for motivated owner operator. - More marketing within the local area for catering. - Promote and deliver to surrounding apartments and residential area. - Huge apartments under construction nearby.
Hours
7 days - Mon. - Tues. - Thurs. -Fri. - Sat. - Sun. - 1130 a.m.-1030 p.m. - Wed. - 5.00 p.m. - 10
Lease
5 + 5 yr. lease commenced 28 /10 / 2019 - 3 months bond - 4% rent increases per year.
Employees
2 owners + 2 fulltimers + 6 casuals
About the Business
Restaurant - Korean Cuisine - BBQ - Inner West
SBX Code: W1753
Restaurant serving specialised BBQ cuisine including entrees, eel BBQ, duck soup with rice, pork and beef BBQ, lunch specials, hag fish BBQ, wagu BBQ, fish BBQ, seafood noodles, and 15 varieties of delicious meals and noodles. - Licensed - Lovely outside courtyard area with 24 seats - 63 seats inside - big commercial full kitchen with cool room, and freezer - 3 restrooms, - Liquor license until 1200 midnight.- Function room upstairs.
Features
Specialised BBQ Restaurant - Excellent spacious fit out - Beautiful courtyard area with 24 seats - Stable and growing business. - No competition in Sydney.
Premises
This business has an area of 160 sq.mts. with outside courtyard and pergola area.
Comments
Outgoings - Council rates $33 p.w. land tax $ 115 p.w. -Due to family problems reduced for quick sale very famous restaurant in the Asian community. - Eels are imported from Tasmania.- Low food cost - Motivated vendor - Staff are not aware of sale so please be discreet - Before inspection please contact agent. - Owner will provide full training for one month with recipes.- A must inspection.
SBX Code: W1753
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