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Restaurant - Korean & Japanese Cuisine - Inner West - (Code: W1955)

Korean & Japanese Cuisine - Netting over $10,000 p.w. - Inner West

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Price: $559,000






Weekly Takings (inc GST) $36,941
Cost of Goods $11,081
Gross Profit $25,860
Rent $3,780
Wages $11,000
Outgoings $
Telephone $40
Insurance $105
Electricity $493
Gas $398
Misc 1 $9
Misc 2 $
Total Expenses $15,825
Net Profit $10,035
Coffee Kilos P/W 0.0

Estimated Stock

$8,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Famous restaurant offering a blend of authentic Korean and Japanese cuisines. The menu features a diverse selection, including sushi, bento boxes, udon, yakisoba, stone pot rice, and bibimbaps, catering to a variety of tastes. Patrons often praise the stone pot rice dishes, which combine both culinary styles into a mouthwatering experience. The restaurant's welcoming and relaxed atmosphere makes it an ideal spot for casual gatherings or family meals. With generous portion sizes and affordable prices the restaurant provides a satisfying dining experience for all.- 46 seats inside.</p>

Potential
Perfect opportunity for a motivated owner-operator or an experienced couple to step in and reduce wage costs, and increase profitability. - Huge potential to expand catering services and boost local marketing.

Features
Same owner for 24 years with good reputation. - Top location. --Excellent food with good prices. - A good size restaurant.- Long term stable business with an extensive menu of Japanese and Korean food.

Premises
This long term Korean Restaurant has an area of 100 sq. mts.

Location
Situated in shopping centre food court in the Inner West.

Trading Hours
7 days - Monday - Sunday - 10:30 a.m. - 8:00 p.m.

Lease
Current lease expires April, 2027 + 2 yrs option - Bond $60,000, - No rent increases

Employees
1 owner part time + 2 full timers + 5 part timers

Comments

Rent includes outgoings - Misc.-1.- POS machine rental $8.50 p.w. - Current uber sales approx. $3000 p.w.-

After 24 years operating the same business, vendor wants to retire. - A must inspection. Staff not aware - Inspections only through your SBX broker.



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXW1955

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