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Restaurant - Korean Cuisine - Takeaway - Korean Fusion Restaurant - Under Management - Net Over $7k Pw - Syd Cbd For Sale

Sydney, New South Wales, Australia
Asking Price:
$249,000 (AUD)
Sales Revenue:
$1,560,000 (AUD)
Cash Flow:
$390,000 (AUD)

Korean fusion restaurant featuring an extensive range of Korean and Chinese entrees, soups, noodles and rice dishes such as sweet & sour pork, seafood Jampong, prawn and egg fried rice, garlic chilli chicken, creamy prawns, hot chilli chicken, stir fried garlic bokchoy, noodle bowls, etc. Its greatest hits include generous sizes and reasonable prices. Menu features 40 plus dishes, There are also set menus, starting from $29 per person as well as a selection of wine, Chinese and Korean liquor, rice wine and Asian and Australian beers.- 72 seats - liquor license - cool room

Potential
Extension of working hours could increase sales - Possibly change to Chinese, Thai or Vietnamese cuisine menu. There are a lot of International students and Asian families living nearby.

Features
Best location in Central Business District. close to Sydney University City campus and close to World Square. - Many regular customers, Well known, Famous Fusion Restaurant for 17 years.

Premises
This well known Korean fusion restaurant has an area of 100 sq. mts.

Location
Situated in the heart of Sydney CBD business district.

Trading Hours
7 days - Monday to Sunday 1100 am to 900 pm.

Lease
Current lease expires January 2032 - 3 months bond - rent increase by 4% per year.

Employees
Fully under Management - 3 full timers +3 part timers

Comments

Property Information

Location:

Situated in the heart of Sydney CBD business district.

Business Operation

Expansion Potential:

Extension of working hours could increase sales - Possibly change to Chinese, Thai or Vietnamese cuisine menu. There are a lot of International students and Asian families living nearby.

Trading hours:

7 days - Monday to Sunday 1100 am to 900 pm.

Employees:
Fully under Management - 3 full timers +3 part timers
Years established:
17 yrs