Popular Korean BBQ restaurant in Prime Location

2 days ago

Private Seller

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Summary

Very Busy central location with year-round steady trade strong regular & tourist customer base

Revenue

$163,000 pm

Rent

$9,920 pm

Expenses

$62,570 pm

Net Profit

$35,000 pm

Potential

Strong local demand for korean cuisine with loyal customer base

Skills

Basic hospitality and Customer service experience beneficial

Hours

7days

Lease

5years + 4years option
Rent 9918.75 per month
Outgoings 1636.75

Employees

7-8 staff (mix of full-time & part-time)
Experienced and reliable staff in place for smooth transition

Reason for Sale

Owner relocating interstate

About the Business

This well-established Korean BBQ restaurant generates over 1.5M in annual sales, attracting a strong mix of loyal locals and tourists year-round

The business boasts a 100-seat dining area (indoor+outdoor), full liquor licence, and a fully equipped commercial kitchen, allowing for smooth and efficient operations.

This is an outstanding opportunity for an owner-operator or investor

History

Over the years, it has maintained steady revenue and a loyal customer base, becoming a go-to dining destination in the area

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