Restaurant - Korean cuisine- Lower North Shore - Takings $21,000 p.w.

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5 days ago

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Internal Ref: W1869

Summary

SBX Code: W1869 - Korean cuisine - fully licensed - Prime location - Netting over $6,000 p.w. Reduced for quick sale

Rent

$2,675 pw

Net Profit

$6,618 pw

Location Details

Situated next to major shopping centre on busy shopping strip in the Lower North Shore.Suburb

Potential

Couple could save on wages and increase net profit. Open lunch. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area. Out door seats(STA)

Hours

6 days - Sunday 12 pm to 10 pm. Monday 5 pm to 1030 pm. Tuesday Closed. Wednesday, Thursday &

Lease

Current lease until June 2025. Rent increases 3% yearly. Bond 3 months.

Employees

1 owner (chef) + 3 full timers + 7 part timers.

About the Business

Restaurant - Korean Cuisine - Takeaway - Lower North Shore

SBX Code: W1869
Restaurant offering a fine dining experience with a cozy ambiance.- serving Korean cuisine including - BBQ marinated pork, beef, mixed combo set, chicken, duck, seafood. stir fried noodles, fried chicken, specials, Bibimbap, hot pots and tasty Korean cuisine. drinks, beer, soju, Korean wine. Fully Licensed.- 64 seats inside. - 8 outside. Big commercial full kitchen with cool room, and freezer. - Liquor license until 1200 midnight.

Features
Prime location. Spacious shop fit out. Regular customers. Very popular and well known. Great social media reviews. Top BBQ restaurant. Traditional design with delicious food and personal grill installed at every table. Fully licensed.

Premises
Well presented shop with an area of 200 sq. mts. with full kitchen, cool room, storage, and excellent kitchen equipment.

Comments
Summer season sales were $22,000 p.w. Food prices are reasonable for the quality of food and service provided, making it an ideal spot for casual dining or special occasions .The interior design is modern and sleek, with wooden accents and dim lighting that create a warm and inviting atmosphere. No water usage fee. No electricity fees. Very little outgoings. Motivated vendor. Really beautiful shop, Sales include Korean side dishes of milk tea and grilled pork feet. Staff are not aware so please be discreet. Inspections only through your SBX broker.

SBX Code: W1869

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