Northshore - High-end Korean Barbecue Restaurant- Under Management -profitable Business

Business For Sale Chatswood, New South Wales 2067

Business Category Restaurant

$1,100,000 plus Stock

Description

Northshore - High-end Korean Barbecue Restaurant- Under Management -profitable Business

Business Overview:

The opportunity at hand is the acquisition of a high-end Korean barbecue restaurant located in North Shore Sydney. This establishment is renowned for its exceptional offerings, including top-quality charcoal-grilled barbecue, authentic Korean cuisine, and an extensive selection of specialty cocktails. It takes pride in its premium Wagyu and Australian beef offerings, setting it apart in the market.

Operated by a professional management team, the restaurant consistently achieves annual revenues in the multi-million-dollar range, ensuring substantial profits.

The restaurant is housed in a tastefully designed 320-square-meter space, featuring elegant decor and furnishings, reflecting a significant investment. It accommodates up to 100 diners, showcases its premium beef offerings, and is equipped with a fully functional commercial kitchen. Its strategic location on a bustling food street with ample parking adds to its appeal.

With a solid reputation built over the years, the restaurant boasts a loyal local customer base and draws patrons from beyond its immediate vicinity, indicating substantial growth potential. The competitive landscape in the northern region includes few establishments of similar caliber, giving this restaurant a distinct advantage

The current owner, responsible for managing multiple business interests, is seeking a capable buyer to take the reins of this exceptional opportunity. This investment is well-suited for individuals or groups in the restaurant industry looking to secure long-term stability and success.

Key Features:
• Prime Location: Situated on a vibrant food street in North Shore Sydney, this restaurant enjoys a highly coveted location.
• Professional Management: Operated by a seasoned management team, ensuring efficient day-to-day operations.
• Limited Trading Days: Operating for just six days a week, optimizing efficiency and work-life balance.
• Unique Competitive Position: In the competitive landscape of North Shore, there are few establishments of this caliber, giving the restaurant a clear advantage.
• Impressive Interior: The restaurant boasts a stunning interior design and high-quality fit-out, creating an inviting ambience.
• Profitable Business: With a strong and loyal customer base, this restaurant consistently delivers healthy profits.
Contact Seller
FRANK XIAO

Bsale ID: 635942
Broker REF: eagle_1302919

Fairlane Partners Pty Ltd
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