SBX Business Brokers Phone : 02 9439 ****

Restaurant - Korean Cuisine - Popular location

Listing Id : 251658

Location : New South Wales

Category : Restaurant

Asking Price : 500,000

Business description

Restaurant - Korean Cuisine - Sydney CBD - Agent SBX Code Number: FS1101J Restaurant serving BBQ Wagyu beef, pork, seafood etc. - also hot pots, noodles, variety of bibimbap, and Korean dishes.- outside area with 40 seats which can be expanded to 100 seats - 48 seats inside - Commercial kitchen with walk in coolroom and freezer. - Licensed. Potential Ideal for family operation to save on wages- Open backyard for another extra 60 seats (D.A.approval) -Motivated buyer can increase sales above 30k weekly. Features Well known area - Easy and stable business - Simple operation. Premises This business has an area of 170 sq. mts. with open back yard. Location Situated in popular Korean food area of Sydney CBD. Trading Hours 7 days - Mon. - Sun. - 1100 a.m.- 1**** **** p.m. Lease Current 10 years lease will expire on Sept, 2**** **** . - C.P.I. rent increases - 3 months bond required. Employees One owner + 10 casuals. Comments Spacious and well set up restaurant - Set up cost in Feb. 2018 was roughly $500k.- Rent includes outgoings.-Please discreet when visiting the shop - A must to inspect. Figures Weekly Sales $25000 Rent (ex GST) $3800 Wages $7500 Profit $5400 Agent SBX Code Number: FS1101J - SBX Business Brokers


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