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Restaurant - Korean/Asian Bbq Buffet - Under Management - Korean Bbq Buffet Restaurant - Under Management - Nets $7140 P.W- Inner West For Sale

Sydney, New South Wales, Australia
Asking Price:
$390,000 (AUD)
Turnover:
$1,872,000 (AUD)
Net Profit:
$371,280 (AUD)

Specialised Korean/Asian BBQ Buffet restaurant serving fresh and high quality meats and side dishes and offering all-you-can-eat BBQ meat and buffet selection. BBQ grill tables with 100 seats inside and 25 seats outside. . Licenced. - Currently using charcoal for BBQ cooking, with plans to transform gas grill cooking which will connect each table ( install new tables ) for comfortable service and easy operation. Currently the business only trading 7 dinners from 5 pm - 9:30 pm., planning to open lunch buffet soon.

Potential
Adding lunch specials will boost the sales expected to reach $50000 - $60000 a week. Promote marketing through media presence. - A motivated owner operator could save on wages and increase sales and profit.

Features
Long established for 18 years. - Spacious and well presented fit out. - High takings with repeat customers and consistent weekly sales. - Long 10 years lease. - Stable income with short trading hours. - Under management.

Premises
Well presented and newly refurbished shop with total area approx. 250 sqm including large commercial kitchen, renovated cool room and freezer room

Location
Situated in Inner West area with large Asian community and close to high foot traffic of railway station and new Metro station

Trading Hours
7 dinners - 5 pm to 930 pm.

Lease
5 + 5 years lease commenced September 2025. - 3% annual increases. - 3 months bond.

Employees
Fully under management- 10 staff including full timers and part-timers and casuals.

Comments
Misc.- 1- Refers to waste bill and other general business expenses. A long-standing and budget-friendly Korean BBQ buffet that's loved by locals and has earned great reviews over the years. - Well priced for sale. - A must inspection. - The business details and actual figures will be shown at a meeting.

Property Information

Location:

Situated in Inner West area with large Asian community and close to high foot traffic of railway station and new Metro station

Business Operation

Expansion Potential:

Adding lunch specials will boost the sales expected to reach $50000 - $60000 a week. Promote marketing through media presence. - A motivated owner operator could save on wages and increase sales and profit.

Trading hours:

7 dinners - 5 pm to 930 pm.

Employees:
Fully under management- 10 staff including full timers and part-timers and casuals.
Years established:
18 years