Restaurant - Korean Cuisine
Business Code: FN1369
$550,000
Enquire now+ Estimated Stock (SAV) $10,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Korean BBQ Restaurant - Inner West Sydney - Takings $30,000 p.w.
State: NSW
Suburb: Lidcombe
Location: Situated in a busy Inner West precinct surrounded by residential apartments, retail shops, and dining venues. Excellent visibility, easy access, and ample nearby parking.
Premises: Well-presented restaurant of approx. 95 sq. .mts, The premises feature a fully equipped commercial kitchen, BBQ dining setup, cool room, storage facilities, preparation area, and quality fit-out throughout, providing an efficient and easy-to-manage operation.dining facilities designed for charcoal BBQ operations.
Business Overview
Well-known Korean BBQ restaurant specialising in premium pork and duck dishes, complemented by a wide range of traditional Korean favourites including marinated meats, Korean fried chicken, hot pots, seafood dishes, and authentic side dishes. The venue offers 56 indoor seats, creating a comfortable and vibrant dining atmosphere suitable for family gatherings, group functions, and corporate events. Fully equipped with BBQ tables, a commercial kitchen, cool room, and ample storage area, the business is designed for efficient and profitable operations. Licensed premises with a strong local reputation and loyal customer base.
Owner pursuing other business opportunities and new ventures.
Sale Reason
06/2023
Established
2 spaces
Parking
2 owners + 3 full-timers + 4 casual staff.
Employees
6 days - Monday, Wednesday to Sunday: 3 pm to 10 pm. Closed Tuesday
Trading Hours
5 + 5 year lease commenced June 2023 - 3 months bond, Increases 4% per annum
Lease
Features
- Well-established Korean BBQ restaurant -Strong weekly sales and excellent profitability.-Licensed premises.-Prime location in a popular Korean dining precinct.-Loyal repeat customer base.-Fully equipped restaurant operation.-High-profile street exposure.-Easy-to-operate business with experienced staff.
Potential
Ideal for an owner-operator or family business.-Opportunity to increase sales through catering, functions, and online delivery platforms.-Potential to grow liquor sales through promotions and group bookings.-Benefit from growing residential population and strong Korean community.-Potential to extend trading hours or introduce lunch service.
Comments
A highly regarded Korean BBQ restaurant with strong weekly turnover, excellent profitability, and an established customer base. A rare opportunity to acquire a successful and well-known hospitality business in the heart of Lidcombe's Korean precinct.
Related Businesses For Sale
