Restaurant - Grilled Korean BBQ - Takings $22,000 p.w. -South Sydney

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restaurant-grilled-korean-bbq-takings-22-000-p-w-south-sydney-0
 
restaurant-grilled-korean-bbq-takings-22-000-p-w-south-sydney-0

Internal Ref: W2007

Summary

SBX Code: W2007 - Best location in outdoor foodcourt - no competition - Under full management - Nets over $4,000 p.w.

Rent

$3,140 pw

Net Profit

$4,990 pw

Location Details

Situated in outside food court close to train station and surrounded by huge apartment complex in South Sydney.

Potential

Owner couple could save on wages. activate home delivery surrounding apartments - Advertise through internet and local paper. - Add more to menu such as gamjatang, bossam, slices of boiled beef. etc.

Hours

7 days - Monday to Sunday 1130 am to 300 pm & 500 pm to 1000 pm.

Lease

5 year lease from April 2024 + 5 yrs option (market value) -Bond 3 months. rent increases by 5%

Employees

Fully under Management - (morning) 3 full timers + 1 part timer - (afternoon) 3 full timers + 2 part timers.

About the Business

Restaurant - Korean BBQ - South Sydney

SBX Code: W2007
Restaurant specialising in grilled Korean BBQ and renowned for its authentic Korean flavours. Diners praise the delicious fried chicken and bulgogi hot pot, often highlighting their crispiness and rich taste. The restaurant offers a variety of traditional dishes like bibimbap and seafood pancakes, catering to diverse palates while providing an inviting atmosphere. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. - Many reviews commend the exceptional food quality with standout items such as the fried chicken that is crispy outside yet tender inside. The menu features classic dishes like bulgogi beef and various side plates that offer something for everyone.- Liquor license until 10:00 p.m.- 42 seats inside - 24 seats outside.

Features
No competition. - Best location in the outdoor foodcourt. - Well known Korean BBQ with over 7 yrs stable business. Fully under management. Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence - Quality equipment. Established operating systems in place.

Premises
This business has an are of 160 sq. mts. inside + 24 sq. mts. out side seating area.

Comments
At present under management - New owner couple could make much higher income. Stable business.

Vendor will provide full training and recipes. Inspection highly recommended - contact your SBX Business Broker.

SBX Code: W2007

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