Internal Ref: W1914
Summary
SBX Code: W1914 - Well known for Korean cuisine and also distributing to Melbourne, Brisbane and Adelaide. -Netting over $14,000 p.w.
Rent
$1,338 pw
Net Profit
$14,132 pw
Location Details
Situated in modern Industrial Park in the Inner West of Sydney.
Potential
ideal business for two families or partnership. Can be add more new menus such as Korean, Chinese or Thai food. There is the potential to increase sales by being more active with social media and marketing of home & office deliveries with uber eats & other delivery services. Could increase revenue through improving the range of healthy food.
Hours
Open 5 days - Monday to Friday 600 am to 300 pm.
Lease
Current lease expires October 2027 - 3 months bond - Rent increases by 3.5% per year.
Employees
2 owners + 2 full timers
About the Business
Manufacturing - Korean Cuisine - Inner West
SBX Code: W1914
Manufacturing company which is very well known for making some of the best Korean food including 12 kinds of frozen soups, 5 different Kimchi and 30 other Korean specialities that tastes just like home cooked food. The food is cooked, packed and distributed to supermarkets in Sydney and also Brisbane (1 pallet per month) Melbourne ( 1 pallet per month) Adelaide (1 pallet per month) on average. -Three wholesalers also take food and distribute to Sydney shops. Frozen Truck Hince 2016 ($25,000) included in business price - . Growing business with endless potential.
Features
Good reputation. Well known Korean Food manufacturing company in Australia. Full set of cooking facilities and equipment. Convenient traffic location for delivery. Cheap rent. Very high sales increasing every month due to adding to menu.
Premises
This food factory has an area of 250 sq. mts. with 2 cool rooms and 1 freezer room
Comments
Outgoings Land tax $96 p.w. - Council rates $92 p.w. - Stock of $30,000 is frozen food $10,000, dry food $20,000. One pallet food price approx. $8,000- $9,000 per pallet, -Sales $26,762 p.w. includes distribution to Melbourne, Adelaide, and Brisbane, plus delivery to Supermarkets in Sydney plus Internet sales through website.
SBX Code: W1914
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