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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