Business For Sale New South Wales
Business Category Restaurant
$299,000
Description
Restaurant - Korean Cuisine - Takeaway - Popular Korean Restaurant - Inner West - Takings $30,000 P.w.
Restaurant - Korean Cuisine - Takeaway - Inner West - Agent SBX Code Number: W1812
Restaurant serving Korean cuisine including Korean set menu, beef bibimbap, kimchi stew, noodles, jokbal, soup, braised Monkfish in spicy sauce, braised spicy assorted kinds of seafood, rice meals, 10 kinds of hot pot including stone pot bibimbap, seafood pancakes, fried and boiled dumplings etc.- Full kitchen - 44 seats inside - 12 seats outside.
Potential
Could obtain Liquor license (STA) - Convert to BBQ restaurant - Have functions upstairs - Open for home delivery such as Menulog or Uber (current owner does not do this service) Advertise through internet media.
Features
Very famous Korean restaurant - Good menu with tasty variety of Korean cuisine-Regular customers - Stable business.
Premises
This business has an area of 200 sq.mts. including backyard with upstairsfunction or group meetings possible.
Location
Prime location on eatery street with restaurants, cafes, shops in Inner West
Trading Hours
7 days - Mon. - Sun. - 1000 a.m. - 1000 p.m.
Lease
Current lease expires August, 2026 + 5 yrs option - 6 month bond - Rent increases 5% per year
Employees
2 owners + 5 full timers + 2 parttimers
Comments
Misc. - 1 - $200 p.w. includes outgoings, Land Tax, water, council rates ( approx. $10,000 per year) - Equipment belongs to Landlord. - Very well known amongst the Asian community. - Motivated vendor - A must inspection - Staff are not aware of sale so please be discreet - Before inspection please contact agent. - Owner willing to give training and recipes.
Agent SBX Code Number: W1812 - Sydney Business Exchange
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