Restaurant - Korean Cuisine -Takeaway
Business Code: FN1360
$130,000
Enquire now+ Estimated Stock (SAV) $5,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Restaurant - Modern Korean Dining- Sales $12,000 p.w - City fringe-Top location
State: NSW
Suburb: Chippendale
Location: Situated in a high-density City fringe precinct surrounded by universities, offices, residential apartments, and creative hubs, known for its trendy food scene and strong foot traffic.
Premises: Well-presented restaurant of approx. 150 sqm including full kitchen, storage, and amenities.
Business Overview
Well-established modern Korean dining restaurant located in the vibrant precinct. The business offers a contemporary menu featuring popular Korean dishes including bibimbag combo, kimchi fried rice, budae jjigae, fried chicken, tteokbokkki steamed pork belly and noodle soup, supported by a strong beverage offering.- The venue presents a stylish and slightly hip dining atmosphere that suits the local demographic of students, young professionals, and creatives in the area. It includes 52 indoor seats creating a bright, relaxed and socially engaging environment. Fully equipped with a commercial kitchen, storage, and amenities, the business is ready for immediate operation. -Licenced.
Owner pursuing other business interests
Sale Reason
02/2019
Established
Street parking
Parking
2 owners, 1 casual for weekdays and 3 casusals for weekend
Employees
6 days - Monday to Saturday: 11:30 am to 3 pm & 5:30 pm to 10 pm.
Trading Hours
New 2 + 3 year lease commenced June 2026 - 4% increases per year - 3 months bond
Lease
Features
- Prime City fringe location-Trendy, hip-style dining environment appealing to local demographic- Strong weekly sales and consistent customer base- Full liquor licence in place- Fully equipped commercial kitchen- Well established local reputation
Potential
Approx. 200 new university population expected nearby, driving additional foot traffic Strong evening trade supported by a late dining culture with alcohol-friendly environment up to midnight-Opportunity to expand delivery, takeaway, and catering channels- Potential to increase profitability through owner operation- Suitable for Korean, fusion, or modern casual dining concepts
Comments
Wage based on 1 owner operating- Stylish and well-positioned modern Korean restaurant in a highly desirable inner-city location. Strong weekly sales with clear growth potential. Vendor will provide full training and recipes. Inspection highly recommended.
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