Summary
An exceptional opportunity is available to acquire an established Korean restaurant and Korean BBQ venue operating from a prominent hospitality location in the heart of the Sydney CBD.
Revenue
$50,000 pw
Rent
$7,942 pw
Expenses
$39,000 pw
Net Profit
$5,000 pw
Location Details
*Prime Sydney CBD Position: Located within one of Sydney’s principal commercial, residential and hospitality precincts, surrounded by offices, retail destinations, accommodation and established dining venues.
Potential
*Strengthen Lunch Trade: Introduce targeted weekday lunch menus, express meal options and corporate lunch packages designed for surrounding office workers.
*Private Dining and Group Bookings: Introduce structured banquet menus and booking packages for birthdays, corporate functions, tour groups and larger social gatherings.
*Late-Night Dining: Assess the commercial viability of strengthening the venue’s evening and late-night offering, subject to approved trading hours, licensing and staffing requirements.
Hours
Sunday–Thursday: 11:30am–10:00pm Friday–Saturday: 11:30am–11:00pm
Lease
*Lease Term: 3+8 years term tiill August 2031
*Annual Rent: $458,820.91 including GST；
*3 months Bank Guarantee
About the Business
【Executive Summary】
An exceptional opportunity is available to acquire an established Korean restaurant and Korean BBQ venue operating from a prominent hospitality location in the heart of the Sydney CBD.
The premises are configured for Korean cuisine and tabletop BBQ/grill cooking, supported by an existing restaurant fit-out and operational infrastructure. The supplied lease permits restaurant use and includes special conditions relating specifically to Korean restaurant operations.
This opportunity may suit an experienced hospitality operator, restaurant group or purchaser seeking an established CBD venue with the potential to further develop its dining, takeaway, delivery and event-based revenue streams.
【Key Investment Highlights】
*Prime Sydney CBD Position: Located within one of Sydney’s principal commercial, residential and hospitality precincts, surrounded by offices, retail destinations, accommodation and established dining venues.
*Established Korean BBQ Concept: Currently operating as a Korean restaurant with a focus on traditional Korean cuisine and tabletop BBQ/grill dining.
*Purpose-Configured Restaurant Premises: The premises are configured for restaurant operations, including Korean cuisine preparation and BBQ/grill cooking at dining tables.
【Key Financials】
* Revenue: Approx. $50k pw
* Approximate Weekly Rent: $8,823.48 including GST, calculated from the annual rent stated in the lease.
* Full Financial Information: Available to qualified purchasers upon vendor approval and execution of a Confidentiality Agreement.
【Operating Hours】
Sunday–Thursday: 11:30am–10:00pm
Friday–Saturday: 11:30am–11:00pm
【Express Your Interest】
Established Korean BBQ restaurant opportunities in the Sydney CBD are limited.
Qualified purchasers are invited to contact the exclusive selling agent to request the Information Memorandum, discuss the opportunity confidentially or arrange a private inspection.
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【Disclaimer:】All information provided is based on vendor details and is subject to independent verification by interested parties. Prospective purchasers must make their own enquiries and obtain independent legal, financial, accounting, licensing and business advice.
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