Restaurant – Takeaway – Korean Cuisine

For Sale

·
Central Coast

Business Code: W1853

$99,000
+ Estimated Stock (SAV) $3000
Key Features: Prime location, - Good reputation for many years. - Top class shop fit out. - No competition. - Very cheap rent with long lease term. - Stable sales and income.
State: NSW
Suburb: Gosford
Location: Prime location in heart of Central Coast, close to train station and Tafe and surrounded by over 2000 units under construction.
Premises: This business has an area of 170 sq. mts. ground floor and 72 sq. mts. sub-floor.
Price not disclosed

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Private reasons

Sale Reason

6 yrs

Established

3 car spaces - plenty of street parking.

Parking

1 owner + 3 casuals

Employees

6 days, Monday closed. Lunch: Tuesday to Sunday: 11:00 am to 2:00 pm. Dinner: Tuesday to Sunday: 5:00 pm to 10:00 pm

Trading Hours

3 + 3 years lease commenced August 2022. - Bond $5,000 - C.P.I. rent increases.

Lease

Restaurant – Takeaway serving Korean cuisine such as variety of BBQ pork, chicken, beef and hot pot. Chefs specials, soups, entrees and variety of meals and noodles and fresh sashimi. – Doing catering to Council (ATO), and schools. – Fully equipped Korean BBQ ducted system, full commercial kitchen and one sub kitchen with storage.- 46 seats inside,

Features

Prime location, - Good reputation for many years. - Top class shop fit out. - No competition. - Very cheap rent with long lease term. - Stable sales and income.

Potential

Suit family business, - experienced owner couple could save on wages, increase higher net profit. Could open 7 days. Liquor License (STA), Could change to any kinds of other cuisine, Chinese, Thai, Western.

Comments

Can open 6 days for Korean tour group. Growing business with a lot of potential. Sub-floor can be subleased. Lovely set up Korean BBQ . Number 6 of 124 restaurants in the area.( Google review) . A must inspection,

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$7500
Cost of Goods
$1800
Gross Profit
$5700
Rent
$724
Wages
$700
Telephone
$25
Insurance
$30
Electricity
$175
Total Expenses
$1764
Estimated Stock
(Additional)
$3000
Net Profit
$3936
Price
$99,000
+ Estimated Stock (SAV) $3000
Price
$99,000
+ Estimated Stock (SAV) $3000
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