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Restaurant -Korean Cuisine - Inner West - (Code: W2004)

Restaurant - Korean Cuisine - Netting over $7000 p.w. - Inner West

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Price: $380,000






Weekly Takings (inc GST) $24,500
Cost of Goods $6,125
Gross Profit $18,375
Rent $3,462
Wages $6,250
Outgoings $
Telephone $
Insurance $70
Electricity $500
Gas $175
Misc 1 $
Misc 2 $
Total Expenses $10,457
Net Profit $7,918
Coffee Kilos P/W 0.0

Estimated Stock

$8,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>An atmospheric restaurant serving distinctive Korean & Japanese fusion delicious dishes. - such as spicy fish cake pot, sweet and spicy chicken hot pot, pork schnitzel meals, etc. - Contains comfortable indoor seating of 78 and a spacious 180 sq. mt. venue stylishly presented with an inviting atmosphere and quality fit out. The venue is well positioned to capitalise on strong food traffic from surrounding commercial activity and visitors to the area. Sells soju liquor until 11 p.m.</p><p>Offering a fully equipped commercial kitchen, established systems and broad customer appeal, this business presents an attractive opportunity for an owner - operator or hospitality group seeking a quality hospitality operation with scale, flexiblility and further growth potentials.</p>

Potential
If operated by the owner, couple or as a partnership, net profit can be higher. Advertising and menu development. via internet media, plus other additions to advertising can help increase sales. Its a great location and size for a popular restaurant - suitable as a Chinese restaurant or a Korean BBQ

Features
Prime location. - Top spot for casual catch-ups over delicious bites. - Embrace modern dining with charcuterie a culinary adventure.

Premises
This business has an area of 180 sq.mts. ( including out door area approx. 60 sq.mts)

Location
Situated in street full of cafes and restaurants in Inner West.

Trading Hours
6 days - Closed Monday. Tuesday to Sunday: 11:00 am to 3:00 pm & 4:00 pm to 12:00 midnight

Lease
Current lease expires April 2027 - 3 months bond - Rent increases by 4% per year - New 5 yr. lease available.

Employees
1 owner ( working full time management, serving) + 2 full timers + 3 part timers.

Comments

Rent includes outgoings. - Previously was a licensed cafe.



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

SBXW2004

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


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