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Restaurant - Korean Cuisine - Korean Restaurant - North West - Sales $29,500 P.W. - Netting Over $8,600 Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$589,000 (AUD)
Sales Revenue:
$1,534,000 (AUD)
Cash Flow:
$451,048 (AUD)

Restaurant serving Korean cuisine including whole garlic soy chicken, Korean Royal Court stir fried rice cake, whole fried chicken. shallot pancake, beef bibimbab, kimchi stew with pork, spicy squid, pork bulgogi, ginseng chicken soup, spicy sausage hot pot, fish roe hot pot etc. The venue seats 30 inside and food court seats. Full liquor license until 300 am. Top class equipment with a full kitchen.

Potential
Could trade up to 7 days, current owner closes on Mon. and Tues. An enthusiastic owner operator or couple could increase sales and profit. Do more promotion. Huge apartments are near this business.

Features
Excellent fit out - Brilliant modern interior. - Great location, - No competition - Good reputation and review. - Unique opportunity - Profitable - Nothing to spend. - Good working conditions and environment. -Under management

Premises
This business has an area of 90 sq. mts.

Location
Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings

Trading Hours
5 days - 1100 a.m. - 300 p.m - 500 p.m. - 840 p.m.- closed Mon. and Tues.

Lease
7 years lease from November, 2020. -Rent increases 5% per year. 4 months bond. (No guarantor needed)

Employees
3 full timers + 5 part timers - Fully under management

Comments

Property Information

Location:

Prime location in foodcourt of major North West shopping centre surrounded by large apartment buildings

Business Operation

Expansion Potential:

Could trade up to 7 days, current owner closes on Mon. and Tues. An enthusiastic owner operator or couple could increase sales and profit. Do more promotion. Huge apartments are near this business.

Trading hours:

5 days - 1100 a.m. - 300 p.m - 500 p.m. - 840 p.m.- closed Mon. and Tues.

Employees:
3 full timers + 5 part timers - Fully under management
Years established:
4 yrs