SBX Business Brokers Phone : 02 9439 ****

Restaurant - Korean Cuisine - Well known and popular

Listing Id : 245630

Location : New South Wales - Chatswood

Category : Restaurant

Asking Price : 700,000

Business description

Restaurant - Korean Cuisine - Lower North Shore - Agent SBX Code Number: W1626 Restaurant serving Korean cuisine BBQ including beef, pork, lamb, etc. plus a Japanese menu. - 120 seats inside - cool room - Licenced. Potential Experienced new owners could save on wages. - Could do more promotion. Features Well set up - Easy to operate - Top location - Well known - Very popular - Stable business. - Very successful business. - Profitable - Regular customers Premises This restaurant has 2 levels with an area of 400 sq.mts. Location Situated on very busy main shopping street in Lower North Shore close to major shopping centre. Trading Hours 7 days - 1100 a.m. - 300 p.m. + 500 p.m. - 1100 p.m. Lease 5 years + 5 year lease from 2016 - 6 months bond - C.P.I. rent increases. Employees Fully under management - 8 full timers + 7 part timers. Comments Rent includes outgoings - In 2017 sales were $2.45 million. - Actual sales can be checked by POS machine for many years. - Trading name can be kept for one year after settlement - The name cannot be transferred because of another 2 stores in different areas. - Staff are not aware of sale - please contact through agent. Figures Weekly Sales $47000 Rent (ex GST) $5424 Wages $14000 Profit $11000 Agent SBX Code Number: W1626 - SBX Business Brokers


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