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Restaurant - Korean Cuisine - Inner West - (Code: FN1369)

Korean BBQ Restaurant - Inner West Sydney - Profit $16,000 p.w.

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Price: $550,000






Weekly Takings (inc GST) $30,000
Cost of Goods $7,500
Gross Profit $22,500
Rent $1,800
Wages $3,500
Outgoings $220
Telephone $20
Insurance $30
Electricity $460
Gas $280
Misc 1 $190
Misc 2 $
Total Expenses $6,500
Net Profit $16,000
Coffee Kilos P/W 0.0

Estimated Stock

$10,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Well-known Korean BBQ restaurant specialising in premium pork and duck dishes, complemented by a wide range of traditional Korean favourites including marinated meats, Korean fried chicken, hot pots, seafood dishes, and authentic side dishes. The venue offers 56 indoor seats, creating a comfortable and vibrant dining atmosphere suitable for family gatherings, group functions, and corporate events. Fully equipped with BBQ tables, a commercial kitchen, cool room, and ample storage area, the business is designed for efficient and profitable operations. Licensed premises with a strong local reputation and loyal customer base.</p>

Potential
Ideal for an owner-operator or family business.-Opportunity to increase sales through catering, functions, and online delivery platforms.-Potential to grow liquor sales through promotions and group bookings.-Benefit from growing residential population and strong Korean community.-Potential to extend trading hours or introduce lunch service.

Features
Well-established Korean BBQ restaurant -Strong weekly sales and excellent profitability.-Licensed premises.-Prime location in a popular Korean dining precinct.-Loyal repeat customer base.-Fully equipped restaurant operation.-High-profile street exposure.-Easy-to-operate business with experienced staff.

Premises
Well-presented restaurant of approx. 95 sq. .mts, The premises feature a fully equipped commercial kitchen, BBQ dining setup, cool room, storage facilities, preparation area, and quality fit-out throughout, providing an efficient and easy-to-manage operation.dining facilities designed for charcoal BBQ operations.

Location
Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking.

Trading Hours
6 days - Monday, Wednesday to Sunday: 3 pm to 10 pm. Closed Tuesday

Lease
5 + 5 year lease commenced June 2023 - 3 months bond, Increases 4% per annum

Employees
2 owners + 3 full-timers + 4 casual staff.

Comments

A highly regarded Korean BBQ restaurant with strong weekly turnover, excellent profitability, and an established customer base. A rare opportunity to acquire a successful and well-known hospitality business in the heart of Lidcombe's Korean precinct.



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SBXFN1369

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