New South Wales
$380,000
- Turnover: Not disclosed
- Net Profit: Not disclosed
Business Details
Business Category Restaurant
Restaurant- Korean Cuisine- Franchise - Inner West - Agent SBX Code Number: FN1376
Well-established Korean premium franchise restaurant located in the rapidly growing Inner West area. This modern restaurant specialises in premium Korean-style pork and a broad range of popular dishes including cheese, curry udon, tteokbokki, spicy pork, noodles and Korean-style hot dishes. An international expanding Korean brand with stores across Korea, Australia and the USA. This store represents an excellent opportunity to acquire an established franchise operation with a virtually new fit-out and equipment package. - The premises has 50 indoor seats, a full commercial kitchen, cool room and liquor licence.
Potential
Excellent opportunity for a motivated owner-operator or couple to take a hands-on role and further improve profitability by reducing management and wage costs.- Further growth in the surrounding area, together with new local infrastructure, education facilities and transport improvements, is expected to increase the customer catchment.-Opportunity to further increase takeaway and delivery sales, local area marketing and catering.
Features
Internationally expanding Korean franchise brand - Fully under Management - Almost new fit-out and equipment - Full commercial kitchen - Liquor licence - Low franchise fee of only 3% of sales - Growing residential catchment area.
Premises
Modern and beautifully presented restaurant of approx. 145 sq.mts. The premises feature a near-new contemporary fit-out, full commercial kitchen, cool room and extensive commercial restaurant equipment. Most of the fit-out, fixtures and equipment are relatively new.
Location
Situated in one of Sydneys rapidly developing high-density residential precincts in the Inner West. The surrounding area continues to benefit from substantial new apartment construction and new residents moving into the area.
Trading Hours
7 days - Monday to Sunday 1130 a.m to 830 p.m
Lease
Current 5 + 5 year lease commenced April 2026 - 3 months bond - Annual rent increase of 4%.
Employees
Under full Management - 2 full timers + 2 casuals
Comments
An established Korean brand with an expanding international presence. - Misc.1: Franchise fee: 3% of gross sales - .No franchise joining fee and no training fee. - Excellent opportunity to acquire an established store at an early stage of a growing international franchise brand.
Agent SBX Code Number: FN1376 - Sydney Business Exchange
What's Nearby
Similar Businesses For Sale