Restaurant – Korean Cuisine

For Sale

·
North West Sydney

Business Code: FN1325

$370,000
+ Estimated Stock (SAV) $5000
Key Features: Excellent reputation with a unique brand identity- Strong regular customer base- No direct competition in the area- Spacious and well-designed fit-out- Stable and growing business with strong customer demand
State: NSW
Suburb: Eastwood
Location: Prime location in busy Asian community dining area in North West Sydney, surrounded by popular restaurants and strong residential catchment
Premises: Well-presented shop with an area of approx. 145 sq.mts, fully fitted with premium kitchen facilities and cool room.
Price not disclosed

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Other business venture

Sale Reason

No year data

Established

6 spaces

Parking

Under full management - 5 full timers + 4 casuals

Employees

7 days - Monday to Thursday & Sunday: 12:00 to 10 pm. Friday & Saturday: 11 am to 10:30 pm

Trading Hours

5 years option commenced August 2025 - 3 months bond - 4% increases

Lease

Restaurant specialising in Korean fusion cuisine and fried chicken with a wide range of popular dishes. Menu includes crispy Korean fried chicken with soy, sweet chilli, and honey garlic sauces topped with shredded spring onion, plus Korean favourites such as teokbokki, kimchi pancakes, noodles, hot pots, and more. Licensed premises with seating for 70 inside, full commercial kitchen, cool room, and fridge room.

Features

Excellent reputation with a unique brand identity- Strong regular customer base- No direct competition in the area- Spacious and well-designed fit-out- Stable and growing business with strong customer demand

Potential

Significant upside for owner-operator or family-run business- Delivery service can be introduced to capture surrounding residential and apartment market- Room to expand marketing and online presence to further increase sales

Comments

Managers wage has been excluded from current wage costs to show true net profit on an owner-operator basis- Full training with recipes included- Motivated vendor - inspection highly recommended.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$28000
Cost of Goods
$8400
Gross Profit
$19600
Rent
$1379
Wages
$9000
Telephone
$20
Insurance
$52
Electricity
$550
Total Expenses
$11600
Estimated Stock
(Additional)
$5000
Net Profit
$8000
Price
$370,000
+ Estimated Stock (SAV) $5000
Price
$370,000
+ Estimated Stock (SAV) $5000
Contact Us

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