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Restaurant - Korean Cuisine - Bbq - Restaurant- Korean Fine Dining - Profit $13,500 P.W - City Fringe-Top Location For Sale

Sydney, New South Wales, Australia
Asking Price:
$600,000 (AUD)
Sales Revenue:
$1,976,000 (AUD)
Cash Flow:
$702,000 (AUD)

Restaurant serving Korean BBQ - acts as both a sleek Korean BBQ place and an all-out Wagyu-filled omakase inspired experience. For lunch and dinner, Korean BBQ is fired up over true charcoal grills. At lunchtime, its a fusion vibe with BBQ sets packed with soy-marinated beef or pork rib or Wagyu beef, Japanese-inspired Bento boxes packed with sashimi or Chicken katsu, and Chinese-style snacks like sweet and spicy soy dumplings. Theres also classic Korean bibimbap served two ways with sashimi or stone pot Wagyu. For dinner, with Korean BBQ meals available for groups of two or more. Theres even an insane Wagyu cake, made up of a chefs selection of meats. The signature omakase experience, is hosted in a private dining space, and is also a must-do for Wagyu enthusiasts. 46 seats inside plus 8 seats for omakase room, 28 seats outside. Fully licensed. Full kitchen and storage

Potential
Fantastic opportunity to own an established and extremely successful profitable business. Suit two owner operators and save on wages. Afterpay office building will open soon. A big shopping centre under construction nearby

Features
A good quality, local Korean BBQ option in the area. Prime location. Popular and well known for service and quality food. Loyal clientele. Good shop brand reputation. Good lease. Low rent

Premises
Well presented shop with an area of 130 sq. mts. with full kitchen, storage, terrace and outdoor seating area

Location
Situated in dining precinct near theatres, hotel, university, markets, businesses and in a high density residential area in the City fringe

Trading Hours
7 days, Monday to Sunday 5 pm to 10 pm for dinner only. Thursday to Sunday 12 pm to 4 pm open for lunch & 5 pm to 10 pm for dinner

Lease
3 + 3 + 3 + 3 + 3 years lease commenced from May 2022. 3 months bond. Annual 2% increases.

Employees
Under full management - 7 full timers + 10 casuals

Comments

Property Information

Location:

Situated in dining precinct near theatres, hotel, university, markets, businesses and in a high density residential area in the City fringe

Business Operation

Expansion Potential:

Fantastic opportunity to own an established and extremely successful profitable business. Suit two owner operators and save on wages. Afterpay office building will open soon. A big shopping centre under construction nearby

Trading hours:

7 days, Monday to Sunday 5 pm to 10 pm for dinner only. Thursday to Sunday 12 pm to 4 pm open for lunch & 5 pm to 10 pm for dinner

Employees:
Under full management - 7 full timers + 10 casuals
Years established:
08/2022