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Chinese restaurant - Nets $3,670 p.w.- Bargain offer for quick sale- North West
Internal Ref: W1931
Summary
SBX Code: W1931 - Fully under management - Includes cafe which is currently closed. - Netting $3990 p.w. - Fully licensed.
Rent
$1,899 pw
Net Profit
$3,990 pw
Location Details
Situated in industrial area in Inner West.
Potential
Would suit owner operators or family. Could open cafe ( at present closed ) Do more advertising. Add catering services - Promote corporate functions and parties
Hours
5 days - Monday to Friday 500 pm to 800 pm.
Lease
5 year lease from November 2023 + 5 yrs. optionBond 3 months. - Rent increases by 4% per year.
Employees
Fully under management - 4 full timers +2 part timers
About the Business
Restaurant - Cafe - Under Management - Inner West
SBX Code: W1931
Restaurant serving Korean style cuisine - Installed table hot plate on each table, serving high quality Korean hot pot and side dishes. The restaurant comes fully equipped and no money needs to be spent. Freshly renovated ( owner spent $200,000). - The venue seats up to 116 people inside. 20 seats out side . Full liquor license until 10.00 p.m. - full commercial kitchen, cool room and freezer room. - cafe is currently closed. - Restaurant open only for dinner.
Features
Absolutely no competition. - Perfect location and a good size Korean BBQ Restaurant. Spacious and bright with glass walls. Cheap rent for size. Excellent set up restaurant with top class equipment.
Premises
Beautifully presented premises with an area of 180 sq. mts. and male and female toilets
Comments
Price under setup cost for urgent sale- Great potential business for a motivated couple or family business. Motivated vendor. Inspections only through your broker, staff are not aware. A must inspection.
SBX Code: W1931
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