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Restaurant - Korean Cuisine - Popular location

Business for Sale
Restaurant - Korean Cuisine - Popular location
Sydney NSW

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 di...

Price $500,000.00

Restaurant - Korean Cuisine - Popular location

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
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.- 1030 p.m.

Lease

Current 10 years lease will expire on Sept, 2022. - 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.

Agent SBX Code Number: FS1101J - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 204844
SBX ID: FS1101J




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