Internal Ref: W1960
Summary
SBX Code: W1960 - Well known and popular for 17 years - Nets over $22,000 p.w. - 250 seats over 3 levels - Licensed
Rent
$7,219 pw
Net Profit
$22,794 pw
Location Details
Situated in the heart of Sydney CBD
Potential
Ideal for family business or partnership.Could add surrounding office towers, apartments home delivery. Motivated new owner family could save a lot of wages and increase profit.
Hours
7 days - 1130 a.m - 1000 p.m
Lease
3 year lease from August 2025 + 3 yrs. option - 3 months bond - rent increases by 4% per year.
Employees
Fully under management - 6 full timers (cook chef included) + 12 part timers.
About the Business
Restaurant - Korean BBQ - Takeaway - Sydney CBD
SBX Code: W1960
Premium Korean BBQ cuisine restaurant with tabletop charcoal grills at each table. The menu features a wide range of grilled and BBQ meat such as marinated pork and beef ribs, beef brisket, soft tofu soup, crispy chicken, seafood pancakes, black bean noodles etc. Very large commercial kitchen (110 m2) with cool room and frozen room - . 250 comfortable seats inside over 3 levels. Liquor license until 1000 pm, The weekly takings shown is shop retail only without home delivery. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 17 years successful operation. - High margin, very popular, famous korean BBQ Restaurant in Sydney. Sales over $3 Millions per year.
Features
Prime location in CBD - Always crowded until late. - Luxurious and elegant shop fittings. - Well known for over 17 yrs. - The atmosphere is perfect. Premium Koran BBQ Restaurant over 3 levels.
Premises
3 storey luxurious modern shop fit out with a total area of 600 sq.mts.
Comments
Each table has smoke exhaust duct underground gas system ( premium new system). Rent reduced until 2028 by 10% (current rent $7,219 p.w. - Motivate vendor. - Shop inspections only through your broker. Staff not aware
SBX Code: W1960
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