Restaurant - Asian Cuisine - Restaurant Asian Cuisine - Takings $30,000 Pw - Inner West Syd -urgent Sale

New South Wales

$55,000

Key Features

AI generated. Contact seller to confirm.

  • Authentic Korean cuisine with diverse menu
  • Modern fit out with 110 seats
  • Prime corner location in Inner West Sydney
  • Strong air conditioning and exhaust system
  • Potential for conversion to other cuisines
  • Under management with 5 full timers and 6 part timers
  • Turnover: $1,560,000
  • Net Profit: Not disclosed
  • Rent/Lease: 5 + 5 year lease from Sept. 2019
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Restaurant

Restaurant - Asian Cuisine - Inner West - Agent SBX Code Number: W1805

Restaurant serving a huge variety of authentic Korean dishes - Lunch combo, Park cutlet, braised pork belly, jokbal, bossam combo, noodles, katsu, hot pots, bulgogi, 9 different fried chicken menus, exhaust system on ceiling and each stone table has LNG gas BBQ system installed. Strong power air conditioning installed. - 110 seats - Liquor license obtained until 1:00 a.m

Potential
Existing cooking system can be utilised - convert to Chinese hot pot, Korean BBQ, Japanese cuisine or Thai. - Owner couple could save on wages, Promote through internet media.

Features
Prime corner location - Spacious and modern shop fit out - Ready for any kind of BBQ restaurant.

Premises
Asian restaurant with a modern fit out and an area of 260 sq. mts. situated on first floor of building.

Location
Modern restaurant situated on prime corner in Inner West Sydney.

Trading Hours
6 days - Mon. - Thurs. - 5.30 p.m. - 9.30 p.m. (dinner only) Fri. -Sun.-12.00- 9.30 p.m. - Closed Tues.

Lease
5 + 5 year lease from Sept. 2019 - 3 months bond - Rent increases 5% per year.

Employees
Under management - 5 full timers + 6 part timers

Comments
If the new owner wants to convert to the duct system for a BBQ Restaurant it would cost approx. $80,000 to connect. Owner has invested over $400,000. - Full training will be provided by vendor with recipes. -Owner plans to open another restaurant. - Not a franchise, - Motivated vendor - For inspection please contact your broker - please do not contact staff or owner.

Agent SBX Code Number: W1805 - Sydney Business Exchange

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Bsale ID: 577510

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