Restaurant - Korean BBQ
Business Code: W2007
$559,000
Enquire now+ Estimated Stock (SAV) $10,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Restaurant - Grilled Korean BBQ - Takings $22,000 p.w. -South Sydney
State: NSW
Suburb: Wolli Creek
Location: Situated in outside food court close to train station and surrounded by huge apartment complex in South Sydney.
Premises: This business has an are of 160 sq. mts. inside + 24 sq. mts. out side seating area.
Business Overview
Restaurant specialising in grilled Korean BBQ and renowned for its authentic Korean flavours. Diners praise the delicious fried chicken and bulgogi hot pot, often highlighting their crispiness and rich taste. The restaurant offers a variety of traditional dishes like bibimbap and seafood pancakes, catering to diverse palates while providing an inviting atmosphere. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. - Many reviews commend the exceptional food quality with standout items such as the fried chicken that is crispy outside yet tender inside. The menu features classic dishes like bulgogi beef and various side plates that offer something for everyone.- Liquor license until 10:00 p.m.- 42 seats inside - 24 seats outside.
Private reasons
Sale Reason
7 years
Established
Public car park, Huge apartment complex car park
Parking
Fully under Management - (morning) 3 full timers + 1 part timer - (afternoon) 3 full timers + 2 part timers.
Employees
7 days - Monday to Sunday: 11:30 am to 3:00 pm & 5:00 pm to 10:00 pm.
Trading Hours
5 year lease from April 2024 + 5 yrs option (market value) - Bond 3 months. rent increases by 5% per year
Lease
Features
- No competition.
- Best location in the outdoor foodcourt.
- Well known Korean BBQ with over 7 yrs stable business. Fully under management. Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence
- Quality equipment. Established operating systems in place.
Potential
Owner couple could save on wages. activate home delivery surrounding apartments - Advertise through internet and local paper. - Add more to menu such as gamjatang, bossam, slices of boiled beef. etc.
Comments
At present under management - New owner couple could make much higher income. Stable business. Vendor will provide full training and recipes. Inspection highly recommended - contact your SBX Business Broker.
Related Businesses For Sale
