Restaurant - Korean & Asian Cuisine-takeaway - Korean Cuisine-nets $6970 P.w.-opportunity For Chinese Restaurant-inner West

Business For Sale New South Wales

Business Category Restaurant

$200,000

Description

Restaurant - Korean & Asian Cuisine-takeaway - Korean Cuisine-nets $6970 P.w.-opportunity For Chinese Restaurant-inner West

Restaurant - Korean & Asian Cuisine-Takeaway - Inner West - Agent SBX Code Number: M2209

Restaurant serving Korean / Asian cuisine including a selection of grilled and stir fried pork / beef / chicken / seafood set, spicy noodles and hot stone pot etc. Open commercial kitchen. Liquor license. 45 seats inside and outside. The takings include Uber and Panda etc home delivery and groups of tourists booking orders through travel agencies with high margins.

Potential
Suits any type of restaurant. There are no Chinese restaurants in this shopping town. Could change to Chinese, Vietnamese, Thai etc. Good for family business.

Features
Prime location. Regular customers (around 40% of customers from Chinese background ). Well known to locals. Low rent with long lease.

Premises
Well presented shop with an area approx. 70 m2.

Location
Prime location on eat street of local shopping town in Inner West area.

Trading Hours
7 days - 11 am to 10 pm.

Lease
5 years lease + 5 years option commenced April 2023. - 3% annual increases. - 3 months bond.

Employees
2 owners plus one chef and 4 casuals

Comments
Misc.- 1- General business expenses includes rubbish bill. A good buy opportunity. Possibly convert to Chinese restaurant or other cuisine if desired.

Agent SBX Code Number: M2209 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 634523
Broker REF: M2209

SBX Business Brokers
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