Restaurant – Korean BBQ Cuisine

For Sale

·
North West Sydney

Business Code: FN1305

$70,000
+ Estimated Stock (SAV) $5000
Key Features: Specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Beautiful courtyard with 40 outdoor seats - Stable and growing business with strong customer demand
State: NSW
Suburb: Epping
Location: Situated in a busy shopping strip in North West Sydney, near a train station, and surrounded by shops, restaurants, and commercial buildings.
Premises: Situated on a 216 sq. mt. area and consists of a two-story building with a covered outdoor seating area, storage, cool room, function room, four restrooms, and a full kitchen.

The owner is relocating back to Korea

Sale Reason

Street parking

Parking

2 owners + 1 full timer + 1 casual for daytime and 2 casuals for dinner

Employees

6 days - 11 a.m to 9 p.m. -Tuesday closed.

Trading Hours

5 + 5 year lease until October 2026 with a new lease available - 3% increases - 3-month bond required

Lease

Restaurant serving Korean BBQ which features tabletop charcoal BBQ grills at each table, offering high-quality meats and side dishes. Customers can choose from seasonal raw or marinated beef ribs, pork ribs, chicken, scallops, and vegetables for grilling. The menu also includes a variety of Korean fried chicken, stir-fried seafood, mussel soup, fish cakes, and Korean-style bar snacks. The venue accommodates 48 indoor seats and 40 outdoor seats in a backyard courtyard. It holds a full liquor license and is equipped with a full kitchen, cool room, and storage.

Features

Specialised Korean BBQ restaurant -Spacious and well-designed fit-out - Beautiful courtyard with 40 outdoor seats - Stable and growing business with strong customer demand

Potential

Ideal for a family-run business or a motivated owner-operator- Opportunities to expand through delivery services to surrounding apartments and residential areas.- Suitable for all types of restaurant operations with an existing DA approval until 2 a.m..

Comments

Urgent Sale. Great potential for a motivated couple or family business- Staff are not aware of sale. Inspections only through your SBX broker.- Misc.- 1.- GST and other expense

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$16000
Cost of Goods
$5000
Gross Profit
$11000
Rent
$2700
Wages
$2000
Telephone
$20
Insurance
$30
Electricity
$300
Misc 1
$670
Total Expenses
$6000
Estimated Stock
(Additional)
$5000
Net Profit
$5000
Price
$70,000
+ Estimated Stock (SAV) $5000
Price
$70,000
+ Estimated Stock (SAV) $5000
Contact Us

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