Business Code:
Retiring
Sale Reason
11/ 2018
Established
Free parking as well as paid parking within the Campus
Parking
I owner + 2 part timers + 1 casual
Employees
5 days - Monday to Friday: 9 am to 8:30 pm. (5 pm) Saturday and Sunday (Optional) 10 am to 4 pm. (6:30 pm)
Trading Hours
New 6 years lease commenced April 2024 - 3 months bond- fixed 4% pa rent increase
Lease
Restaurant and takeaway serving Korean cuisine – The menu includes a mix of traditional dishes and modern fusion, with dishes including bulgogi and kimchi, as well as street food such as Korean fried chicken and ramen.- Presenting an exceptional opportunity to acquire a thriving restaurant in a high-achieving university area. Catering orders from inside and outside the university, boarding house and faculties, Korean community, etc. Customer base includes university staff and students, visitors for activities like seminars, academic conferences and events – 24 seats inside and 32 seats outside.- Full kitchen setup with exhaust and grease trap
Features
Well established 5 day business - Tremendous potential for expansion into catering and functions. - Ideal location with high foot traffic and no nearby competition for Korean food- Favourable lease terms with low weekly rent and long term - Secure business. - Great return on investment.
Potential
Expand catering and functions - Extend operating hours as there are lots of foot traffic in the evenings. Also open on the weekends to cater for students and staff who live on campus- Would suit owner operator or 2 working partners.- Potential for student numbers to increase.
Comments
Very well run with very strong profits.- This business is a rare find and quality businesses as such are not available for sale very often. - a must to inspect
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