Internal Ref: M2252
Summary
SBX Code: M2252 - Top Korean BBQ restaurant with takings of $59,000 p.w. Fully under management. Stunning shop fittings. A new 10 years lease available. Great potential for owner operator
Rent
$3,310 pw
Net Profit
$17,845 pw
Location Details
Situated in shopping street of North West suburb close to railway station.
Potential
A hand over to a motivated owner operator could save on wages and make more sales and profit. Could add home delivery to boost sales. Ideal for family business or partnership.
Hours
7 days - Monday to Friday 12 pm to 3 pm & 5 pm to to 10 pm. Saturday & Sunday 12 pm to 10 p
Lease
10 years lease expires November 2025. A new 10 years lease offered by Landlord with new rent $14
Employees
Fully under management-One Manager plus 17 staff including casuals.
About the Business
Restaurant-Korean Cuisine-Under Management - North West Sydney
SBX Code: M2252
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, spicy chicken, stone pot soups and noodles etc. Very large commercial kitchen around 100 m2 with cool room and frozen room. 70 comfortable seats inside. Liquor license. The weekly takings shown is shop retail only without home delivery. The current years takings is more than $3 million. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 10 years successful running.
Features
Top restaurant. Long established. Good reputation. Well known to locals. Stunning fit out. High turnover and profit. New 10 years lease available from Nov. 2025. Fully under Management.
Premises
Specious and nicely presented shop with total area of 345 m2.
Comments
Outgoings includes council rates, water rates and land tax. - Misc.- 1-Refers to bank merchant fee and waste bill. Rare to find such a BBQ restaurant with high takings and great profit. A great investment opportunity. The vendor will continue to support a new owner for delivery of all goods from the central kitchen which can keep food quality also save wages. One of the best restaurants on our listing books. Inspection is highly recommended. All figures can be reviewed for the business performance at the meeting. Staff are not aware of sale, all inspections must be through SBX business brokers.
SBX Code: M2252
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