Internal Ref: FN1255
Summary
SBX Code: FN1255 - Great location- Fine dinging- Korean contemporary cuisine- Profit $13,500 pw - 62 seats - Fully licensed.
Rent
$1,800 pw
Net Profit
$13,500 pw
Location Details
Situated in dining precinct near theatres, hotel, university, markets, businesses and in a high density residential area in the City fringe
Potential
Fantastic opportunity to own an established and extremely successful profitable business. Suit two owner operators and save on wages. Afterpay office building will open soon. A big shopping centre under construction nearby
Hours
7 days, Monday to Sunday 5 pm to 10 pm for dinner only. Thursday to Sunday 12 pm to 4 pm open for lu
Lease
3 + 3 + 3 + 3 + 3 years lease commenced from May 2022. 3 months bond. Annual 2% increases.
Employees
Under full management - 7 full timers + 10 casuals
About the Business
Restaurant - Korean Cuisine - BBQ - City Fringe
SBX Code: FN1255
Restaurant serving Korean BBQ - acts as both a sleek Korean BBQ place and an all-out Wagyu-filled omakase inspired experience. For lunch and dinner, Korean BBQ is fired up over true charcoal grills. At lunchtime, its a fusion vibe with BBQ sets packed with soy-marinated beef or pork rib or Wagyu beef, Japanese-inspired Bento boxes packed with sashimi or Chicken katsu, and Chinese-style snacks like sweet and spicy soy dumplings. Theres also classic Korean bibimbap served two ways with sashimi or stone pot Wagyu. For dinner, with Korean BBQ meals available for groups of two or more. Theres even an insane Wagyu cake, made up of a chefs selection of meats. The signature omakase experience, is hosted in a private dining space, and is also a must-do for Wagyu enthusiasts. 46 seats inside plus 8 seats for omakase room, 28 seats outside. Fully licensed. Full kitchen and storage
Features
A good quality, local Korean BBQ option in the area. Prime location. Popular and well known for service and quality food. Loyal clientele. Good shop brand reputation. Good lease. Low rent
Premises
Well presented shop with an area of 130 sq. mts. with full kitchen, storage, terrace and outdoor seating area
Comments
A premium, Wagyu Korean BBQ and omakase concept. Under free rent period until March, 2023. Rent includes outgoings.
SBX Code: FN1255
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