Restaurant -Takeaway- Korean Cuisine- Chicken
Business Code: FN1372
$149,000
Enquire now+ Estimated Stock (SAV) $3,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Korean Fried Chicken Restaurant - Shopping Centre Location - Sales $21,000 p.w.-
State: NSW
Suburb: Ashfield
Location: Prime location in busy Asian community dining area in Inner West Sydney shopping centre surrounded by popular restaurants and strong residential catchment.
Premises: Well-presented shop with an area of approx. 64 sq.mts, fully fitted with full kitchen facilities and storage
Business Overview
Well-established Korean restaurant specialising in Korean fried chicken and popular Korean dishes. The menu features a variety of signature fried chicken flavours including sweet & spicy, honey soy garlic, snow cheese and spring onion, together with customer favourites such as bibimbap, kimchi fried rice, tteokbokki, kimchi stew and seafood pancakes.- The business has built a strong reputation within the local community and enjoys excellent Google and Uber Eats ratings, generating a loyal customer base and strong delivery sales. Fully licensed restaurant with seating for approximately 18 customers, a full commercial kitchen and storage facilities.
Other venture
Sale Reason
March, 2024
Established
Shopping centre parking
Parking
1 owner + 1 full timer + 1 casual
Employees
7 days - 11 am to 9 pm.
Trading Hours
7 years lease commenced September 2024 - 3 months bond - 4% increase
Lease
Features
- Prime position at the entrance of a busy shopping centre
- Outstanding Google and Uber Eats ratings and customer reviews
- Strong local brand recognition
- Approx. 50% of sales generated through delivery platforms- Loyal and repeat customer base- No competition-
- Excellent value for a highly profitable business- Priced attractively for a quick sale despite strong profitability
Potential
Significant upside for an owner-operator or family-run business. - Strong opportunity to further increase sales through additional local marketing, social media promotion and expanded online presence. Further growth potential in the surrounding residential and apartment market through delivery platforms-Trading hours can be extended until 10:00 pm to maximise revenue, and outdoor seating may be available providing additional customer capacity and exposure.
Comments
Genuine sales records available.- Fully renovated just 1 year ago. The premises are presented in excellent condition, with little to no additional fit-out or equipment investment required after purchase.- Rare opportunity to acquire a highly profitable Korean restaurant at a very reasonable asking price. Inspection highly recommended.
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