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Restaurant - Malaysian & Korean Cuisine - Restaurants -...

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Restaurant - Malaysian & Korean Cuisine - Restaurants - Two businesses in one - Busy tourist area - Takings $26,000 p.w.
Sydney NSW

Restaurant - Malaysian & Korean Cuisine - Sydney CBD - Agent SBX Code Number: SM1479 Restaurants - 2 businesses in one line with liquor licence. - Malaysian cuisine plus Korean BBQ with Asi...

Price $300,000.00

Restaurant - Malaysian & Korean Cuisine - Restaurants - Two businesses in one - Busy tourist area - Takings $26,000 p.w.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Malaysian & Korean Cuisine - Sydney CBD - Agent SBX Code Number: SM1479

Restaurants - 2 businesses in one line with liquor licence. - Malaysian cuisine plus Korean BBQ with Asian BBQ hot pot - Both located in the same shop and use the same kitchen but serve two different food types. - They also serve Chinese, Japanese and Korean style BBQ and hot pot food with wagyu, beef, pork, lamb, chicken and seafood. - 120 seats.

Potential

Would suit owner operators - Do more promotion and do more delivery.

Features

Full commercial kitchen - Walk-in coolroom and walk-in freezer.

Premises

Near new state of art fit out with an area of 250 sq.mts.

Location

Situated in one of Sydneys busiest tourist locations.

Trading Hours

7 days - Mon. - Sun.- 11.00 a.m. - 11.00 p.m.

Lease

7 years lease commenced Oct.2017. - 5% annual increases. - 3 months bank guarantee.

Employees

Owner (admin only) + 4 full timers + 5 casuals.

Comments

Misc.- 1 - store room rent. - The business normal rent is $4,600 p.w. but from March,2020 is a discounted rent of $1,000 p.w. with monthly review. - Business takings last year averaged $33,000 p.w. - All figures on the books are available during meetings. The business set up cost was over $1 million.

Agent SBX Code Number: SM1479 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 261215
SBX ID: SM1479




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