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Restaurant - Korean Cuisine - Well known and popular

Business for Sale
Restaurant - Korean Cuisine - Well known and popular
NSW

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 insid...

Price $700,000.00

Restaurant - Korean Cuisine - Well known and popular

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
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.

Agent SBX Code Number: W1626 - Sydney Business Exchange

Contact Seller

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View Broker Profile

SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195654
SBX ID: W1626




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