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Restaurant - Korean Cuisine - Well Known And Popular For Sale

Sydney, New South Wales, Australia
Asking Price:
$250,000 (AUD)
Sales Revenue:
$1,560,000 (AUD)
Cash Flow:
$377,000 (AUD)

Restaurant ( currently closed due to lack of staff) previously serving Korean cuisine BBQ including beef, pork, lamb, etc. plus a Japanese menu. - 120 seats inside - cool room - Licenced. - Figures shown were up to end of December,2021.

Potential
Experienced new owners could save on wages. - Could do more promotion.

Features
Well set up - Easy to operate - Top location - Well known - Very popular - Stable business. - Very successful business. - Profitable - Regular customers

Premises
This restaurant has 2 levels with an area of 400 sq.mts.

Location
Situated on very busy main shopping street in Lower North Shore close to major shopping centre.

Trading Hours
7 days - 1100 a.m. - 300 p.m. + 500 p.m. - 1100 p.m.

Lease
5 year lease from Nov. 2021 - 6 months bond - -.-.-. rent increases.

Employees
Fully under management - 3 full timers + 2 part timers.

Comments

Property Information

Location:

Situated on very busy main shopping street in Lower North Shore close to major shopping centre.

Business Operation

Expansion Potential:

Experienced new owners could save on wages. - Could do more promotion.

Trading hours:

7 days - 1100 a.m. - 300 p.m. + 500 p.m. - 1100 p.m.

Employees:
Fully under management - 3 full timers + 2 part timers.
Years established:
8 years

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