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Restaurant - Korean Cuisine - Franchise - Inner West - (Code: W1981)

Franchise Korean Cuisine Restaurant - Takings $30,000 p.w.

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Price: $219,000






Weekly Takings (inc GST) $30,000
Cost of Goods $12,000
Gross Profit $18,000
Rent $3,804
Wages $9,500
Outgoings $
Telephone $
Insurance $
Electricity $1,030
Gas $350
Misc 1 $1,200
Misc 2 $
Total Expenses $15,884
Net Profit $2,116
Coffee Kilos P/W 0.0

Estimated Stock

$30,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Authentic Korean franchise food & beer restaurant - A vibrant fried chicken spot with a relaxed, welcoming vibe. - Alongside its signature crispy chicken in various styles from classic bone-in to creamy and spicy boneless. It also serves hearty Korean favourites like pork bulgogi, short ribs, stews and popular sides include mozzarella sticks, cheese sticks and sweet potato chips. -Asahi beer and soju. Its a local hotspot for authentic Korean flavours. - Upstairs 51 seats - downstairs 45 seats. - Liquor license until 10:00pm</p>

Potential
Suits a family business - could save on wages with higher net profit. Do more advertising through local papers and internet.

Features
Prime location in restaurant street in Inner West. - Large store with plenty of space and seats - Good place for group meetings or parties. Food is very famous and delicious. - Full training available with recipes. Steady sales business.

Premises
This business has two storeys and is quite a big restaurant with an area of 300 sq. mts. and main kitchen with 3 cool rooms upstairs.

Location
Situated in the heart of Inner West amongst restaurants and cafes on commercial street.

Trading Hours
Open 7 days - Monday to Sunday: 11:00 am to 10:00 pm

Lease
Current lease expires November 2029 - 3 months bond - rent increases by 3% per year.

Employees
1 Manager + 4 full time (incl. chef ) + 5 part time

Comments

Korean fried chicken franchise business (13 stores in Sydney) - Misc.-1- Royalty 4% - Food cost 25%-30% of sales. - Easy to operate - Head office supplies chicken sauce, chicken boxes, packing materials (containers). Rent $3,804 includes outgoings. A must inspection. Motivated vendor. Staff not aware and inspections only through your 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.

SBXW1981

For more details please call (02) 9439 4403
or click here to register with us.


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