Restaurant – Korean Cuisine- BBQ

For Sale

·
Inner West Sydney

Business Code: FN1345

$170,000
+ Estimated Stock (SAV) $5000
Key Features: Prime location on a busy Inner West dining strip near train station.- Spacious 100 sq.m. modern fit-out with an attractive outdoor dining area.- Long-established business of over 20 years with a strong base of loyal regular customers.- Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence, quality equipment, and established operating systems in place.
State: NSW
Suburb: Strathfield
Location: Situated on a vibrant restaurant strip along a busy main road, only a short distance from a major Inner West train station, providing excellent visibility, high foot traffic, and easy access.
Premises: Asian restaurant with a modern fit out and an area of 100 sq. mts.
Price not disclosed

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Relocation

Sale Reason

No year data

Established

Street parking

Parking

1 owner + 2 full-timers + 2 casuals

Employees

7 days - Monday to Friday: 10:30 am to 12:00 midnight Saturday / Sunday: 3:00 pm. to 12:00 midnight

Trading Hours

4 + 4 year lease commenced April 2023 - 5 months bond - Rent increases 5% per year.

Lease

Well-established restaurant serving authentic pocha – style Korean cuisine, including BBQ marinated pork ribs, beef steak, hotpot, cheese & potato pancakes, spicy pork ribs stew, pork belly, Korean-style cutlets, fish cakes, stir-fried seafood, mussel soup, and popular Korean fried chicken with beer and bar snacks. The restaurant offers a vibrant dining experience with 30 indoor seats and 41 outdoor seats in a bright and sunny courtyard area. Fully equipped with a commercial kitchen, cool room, toilet, and ample storage, this restaurant is ready for smooth operation. Full liquor licence in place. Warm and friendly staff create a welcoming atmosphere.

Features

Prime location on a busy Inner West dining strip near train station.- Spacious 100 sq.m. modern fit-out with an attractive outdoor dining area.- Long-established business of over 20 years with a strong base of loyal regular customers.- Excellent reputation with outstanding social media reviews and consistent repeat patronage.- Full liquor licence, quality equipment, and established operating systems in place.

Potential

Excellent opportunity for a family-run or owner-operator business.- Add delivery or catering services to increase weekly sales.- While currently operating as a Korean BBQ Pocha-style restaurant, the premises are also suitable for other Asian restaurant concepts, such as Nepalian, Chinese, or fusion dining.- Perfect for an experienced Asian cuisine chef or operator seeking a ready-to-run business in a high-demand Inner West area.

Comments

Beautifully presented Korean BBQ & Pocha-style restaurant with full liquor licence and strong weekly sales. Vendor will provide full training and recipes. Inspection highly recommended - contact your SBX Business Broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$22000
Cost of Goods
$6400
Gross Profit
$15600
Rent
$3000
Wages
$5000
Telephone
$20
Insurance
$50
Electricity
$150
Misc 1
$100
Total Expenses
$8600
Estimated Stock
(Additional)
$5000
Net Profit
$7000
Price
$170,000
+ Estimated Stock (SAV) $5000
Price
$170,000
+ Estimated Stock (SAV) $5000
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