General Description
<p>Well-established modern Korean dining restaurant located in the vibrant precinct. The business offers a contemporary menu featuring popular Korean dishes including bibimbag combo, kimchi fried rice, budae jjigae, fried chicken, tteokbokkki steamed pork belly and noodle soup, supported by a strong beverage offering.-</p><p>The venue presents a stylish and slightly hip dining atmosphere that suits the local demographic of students, young professionals, and creatives in the area. It includes 52 indoor seats creating a bright, relaxed and socially engaging environment.</p><p>Fully equipped with a commercial kitchen, storage, and amenities, the business is ready for immediate operation. -Licenced.</p>
Potential
Approx. 200 new university population expected nearby, driving additional foot traffic
Strong evening trade supported by a late dining culture with alcohol-friendly environment up to midnight-Opportunity to expand delivery, takeaway, and catering channels- Potential to increase profitability through owner operation- Suitable for Korean, fusion, or modern casual dining concepts
Features
Prime City fringe location-Trendy, hip-style dining environment appealing to local demographic- Strong weekly sales and consistent customer base- Full liquor licence in place- Fully equipped commercial kitchen- Well established local reputation
Premises
Well-presented restaurant of approx. 150 sqm including full kitchen, storage, and amenities.
Location
Situated in a high-density City fringe precinct surrounded by universities, offices, residential apartments, and creative hubs, known for its trendy food scene and strong foot traffic.
Trading Hours
6 days - Monday to Saturday: 11:30 am to 3 pm & 5:30 pm to 10 pm.
Lease
New 2 + 3 year lease commenced June 2026 - 4% increases per year - 3 months bond
Employees
2 owners, 1 casual for weekdays and 3 casusals for weekend
Comments
Wage based on 1 owner operating- Stylish and well-positioned modern Korean restaurant in a highly desirable inner-city location. Strong weekly sales with clear growth potential. Vendor will provide full training and recipes. Inspection highly recommended.
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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
For more details please call (02) 9439 4403
or
click here to register with us.
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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXFN1360
For more details please call (02) 9439 4403
or click here to register with us.