Restaurant- Takeaway- Korean Cuisine - Restaurant - Takeaway In A Hub On A Major University Campus - 5 Days- Canberra

Business For Sale Australian Capital Territory

Business Category Takeaway Food

$250,000

Description

Restaurant- Takeaway- Korean Cuisine - Restaurant - Takeaway In A Hub On A Major University Campus - 5 Days- Canberra

Restaurant- Takeaway- Korean Cuisine - Canberra - Agent SBX Code Number: FN1285

Restaurant and takeaway serving Korean cuisine - The menu includes a mix of traditional dishes and modern fusion, with dishes including bulgogi and kimchi, as well as street food such as Korean fried chicken and ramen.- Presenting an exceptional opportunity to acquire a thriving restaurant in a high-achieving university area. Catering orders from inside and outside the university, boarding house and faculties, Korean community, etc. Customer base includes university staff and students, visitors for activities like seminars, academic conferences and events - 24 seats inside and 32 seats outside.- Full kitchen setup with exhaust and grease trap

Potential
Expand catering and functions - Extend operating hours as there are lots of foot traffic in the evenings. Also open on the weekends to cater for students and staff who live on campus- Would suit owner operator or 2 working partners.- Potential for student numbers to increase.

Features
Well established 5 day business - Tremendous potential for expansion into catering and functions. - Ideal location with high foot traffic and no nearby competition for Korean food- Favourable lease terms with low weekly rent and long term - Secure business. - Great return on investment.

Premises
Modern, well presented and very popular restaurant with full kitchen setup with an area of approx. 70m2

Location
Well located in the heart of a large university in the middle of buildings full of both staff and uni students in the Canberra area.

Trading Hours
5 days - Monday to Friday 9 am to 830 pm. (5 pm) Saturday and Sunday (Optional) 10 am to 4 pm. (630 pm)

Lease
New 6 years lease commenced April 2024 - 3 months bond- fixed 4% pa rent increase

Employees
I owner + 2 part timers + 1 casual

Comments
Very well run with very strong profits.- This business is a rare find and quality businesses as such are not available for sale very often. - a must to inspect

Agent SBX Code Number: FN1285 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 642658
Broker REF: FN1285

SBX Business Brokers
Make Enquiry

Thank you, your enquiry has been sent now.