Restaurant – Korean Cuisine – Franchise
Business Code: W1981
$219,000
Enquire now+ Estimated Stock (SAV) $30,000
Key Features: Prime location in restaurant street in Inner West. - Large store with plenty of space and seats - Good place for group meetings or parties. Food is very famous and delicious. - Full training available with recipes. Steady sales business.
State: NSW
Suburb: Eastwood
Location: Situated in the heart of Inner West amongst restaurants and cafes on commercial street.
Premises: This business has two storeys and is quite a big restaurant with an area of 300 sq. mts. and main kitchen with 3 cool rooms upstairs.
Owner is a franchisor of 13 stores and wants to take a rest.
Sale Reason
3 yrs
Established
2x Car space at back yard.
Parking
1 Manager + 4 full time (incl. chef ) + 5 part time
Employees
Open 7 days - Monday to Sunday: 11:00 am to 10:00 pm
Trading Hours
Current lease expires November 2029 - 3 months bond - rent increases by 3% per year.
Lease
Authentic Korean franchise food & beer restaurant - A vibrant fried chicken spot with a relaxed, welcoming vibe. - Alongside its signature crispy chicken in various styles from classic bone-in to creamy and spicy boneless. It also serves hearty Korean favourites like pork bulgogi, short ribs, stews and popular sides include mozzarella sticks, cheese sticks and sweet potato chips. -Asahi beer and soju. Its a local hotspot for authentic Korean flavours. - Upstairs 51 seats - downstairs 45 seats. - Liquor license until 10:00pm
Features
Prime location in restaurant street in Inner West. - Large store with plenty of space and seats - Good place for group meetings or parties. Food is very famous and delicious. - Full training available with recipes. Steady sales business.
Potential
Suits a family business - could save on wages with higher net profit. Do more advertising through local papers and internet.
Comments
Korean fried chicken franchise business (13 stores in Sydney) - Misc.-1- Royalty 4% - Food cost 25%-30% of sales. - Easy to operate - Head office supplies chicken sauce, chicken boxes, packing materials (containers). Rent $3,804 includes outgoings. A must inspection. Motivated vendor. Staff not aware and inspections only through your broker.
