Summary
Newcastle’s #1 Korean Fried Chicken. 2 prime locations generating $3M+ annual turnover. Fully under management, NO franchise fees. Turn-key operation with massive profit potential.
Revenue
$58,700 pw
Rent
$2,372 pw
Location Details
Newcastle
1. City: Hunter St CBD. A-Grade hub next to Civic Theatre & Uni. 120+ seats, fully licensed, includes 2nd-floor HQ. 2. Cardiff: High-traffic takeaway next to Aldi, Woolies & S-Mart. Rent only $1,700/mo. Delivery goldmine.
Potential
Massive opportunity to franchise! As an independent brand with NO franchise fees, you own the IP. All secret sauces and powder mixes are manufactured in-house at the City location, making expansion into Maitland or the Central Coast seamless. Huge upside for an owner-operator team to step in, slash the current high wage costs (currently fully managed), and dramatically increase net profits from Day 1.
Skills
No specialized cooking skills or executive chefs required. The business operates on a highly systemized "Central Kitchen" model. All proprietary sauces and marinades are produced at the City store and supplied to Cardiff. Anyone can follow the established procedures ensuring zero taste variation. Ideal for an investor seeking a managed cash cow, or an owner-operator with basic management skills.
Hours
Both locations currently operate 7 Days a week for Lunch and Dinner trade. Fully managed by staff.
Lease
Secure leases. City: $8,580/month (includes huge 2nd-floor office/HQ). Cardiff: Unbeatable $1,700/month.
Employees
Running 100% Under Management. Fully staffed with highly trained, loyal team members (1-2+ years tenure) and reliable store managers at both locations. A true turn-key operation ready for a seamless handover.
Reason for Sale
The parent company is restructuring to focus aggressively on expanding its core logistics business. Consequently, we are scaling down our restaurant portfolio. This is a genuine, strategic sale, offering a rare opportunity for a new owner to take over a highly profitable, market-dominating brand that is primed for major franchise expansion.
About the Business
Newcastle’s #1 Korean Fried Chicken: "Busan Chicken Hub" (2 Locations | No Franchise Fees)
Acquire Newcastle’s most recognized and popular Korean Fried Chicken brand. This is an independent business with NO franchise fees. Both locations are fully systemized with skilled managers and recipes in place, allowing for a 100% under-management operation. However, an owner-operator stepping in will see massive immediate savings in wage costs. Everything is manufactured in-house (sauces, powder mixes), securing the #1 spot while keeping food costs incredibly low. Huge potential to expand into Maitland and the Central Coast.
[Financial Snapshot (Fortnightly Average)]
Total Gross Sales: ~$117,400 / Fortnight (Combined Annual Run Rate: ~$3M+)
City: Square $36,000 + Uber ~$38,500
Cardiff: Square $20,000 + Uber ~$22,900
[Location 1: City Flagship (Hunter St)]
Massive Annual Turnover: ~$1.93M+ on its own.
Massive Capacity: 120+ seats (indoor/outdoor).
Premium HQ Space: Rent includes a spacious 2nd-floor office/HQ.
Unbeatable Hub: Next to Civic Theatre, City Hall, Courthouse & Uni.
Fully Licensed: High-margin Soju and Beer.
"Central Kitchen": Produces all secret sauces for both stores.
Delivery Dominance: 600+ reviews, 4.8 stars.
Rent: $8,580/month (Inc. GST & Outgoings).
[Location 2: Cardiff Hub (Main Rd)]
Takeaway/Delivery Goldmine: Streamlined operation.
Ultimate Convenience: Next to Aldi, Woolworths, S-Mart & free parking.
Incredibly Low Rent: Only $1,700/month (Inc. GST & Outgoings).
Unrivaled Ratings: 2,000+ Reviews, 4.8-star on UberEats.
Exclusive Market: The only Korean Chicken shop in the southern belt.
History
Over the past few years, Busan Chicken Hub has rapidly grown into Newcastle’s undisputed #1 Korean fried chicken brand. By developing exclusive in-house recipes, we achieved zero taste variation over 3 years, building massive customer loyalty. We expanded from a single flagship to a dual-location powerhouse. Now backed by over 2,600 highly-rated online reviews and a dedicated, long-term team, the foundation is perfectly set for the next owner.
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