Restaurant – Korean Noodle House – Takeaway

For Sale

·
Upper North Shore

Business Code: W2006

$120,000
+ Estimated Stock (SAV) $5000
Key Features: Attracts strong interest from both residents and visitors. - Shop is fully equipped with a modern fit-out and kitchen. - Prime location close to train station.
State: NSW
Suburb: Gordon
Location: Situated in a popular cafe and restaurant street in the upper North Shore attracting local residents and visitors.
Premises: This business has an are of 100 sq. mts.

Private reasons

Sale Reason

8 months

Established

1 car space

Parking

1 owner + 1 full timer + 1 part timer

Employees

6 days - Monday to Saturday: 10:00 am to 7:00 pm

Trading Hours

Current lease expires May 2029 + 5 yrs option - Bond 3 months - rent increases by 3% per year

Lease

Korean noodle house made 100% in-house including all sauces and food such as signature king rib noodle soup, spicy beef noodle, cold noodle topped with home made spicy sauce, classic kimbap, tuna kimbap, bulgogi kimbap, chicken katsu, Tteokobokki etc. plus drinks. The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner. .- 22 seats inside ( could put 6 seats outside (STA)

Features

Attracts strong interest from both residents and visitors. - Shop is fully equipped with a modern fit-out and kitchen. - Prime location close to train station.

Potential

Can be changed to any kind of food business or takeaway such as ice cream shop or cafe. Owner couple working at shop could save on wages. In the morning and afternoon lots of high school students pass this street from surrounding 5 high schools.

Comments

Shop fittings less than one year old - . Vendor wants to quick sale (private reasons) - A must inspection. Contact your SBX brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$2300
Gross Profit
$7700
Rent
$1560
Wages
$1800
Insurance
$50
Electricity
$154
Total Expenses
$3641
Estimated Stock
(Additional)
$5000
Net Profit
$4059
Price
$120,000
+ Estimated Stock (SAV) $5000
Price
$120,000
+ Estimated Stock (SAV) $5000
Contact Us

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $240,000

  • Cards – Gifts – Retail – Online – Stock Included

    Upper North Shore

    NSW

    Code: SFD1088

    $55,000

Related Businesses For Sale

  • Cafe – Restaurant – Functions – Indian Fusion Dining

    Lower North Shore

    NSW

    Net Profit: $2950

    Code: F3508

    $198,000

  • Restaurant – Japanese Cuisine – Takeaway

    Sydney CBD

    NSW

    Net Profit: $8000

    Code: FN1375

    $350,000

  • Cafe – Restaurant – Under Management

    Upper North Shore

    NSW

    Net Profit: $2905

    Code: CB1543

    $125,000

  • Cafe – Restaurant

    West Sydney

    NSW

    Net Profit: $4907

    Code: AD1002

    $450,000

  • Restaurant – Japanese BBQ Dining

    City Fringe

    NSW

    Net Profit: $4697

    Code: W2012

    $390,000

  • Takeaway – Chinese & Asian Cuisine

    West Sydney

    NSW

    Net Profit: $2540

    Code: M2283

    $110,000