Restaurant – Korean BBQ Cuisine

For Sale

·
Port Macquarie

Business Code: FN1306

$370,000
+ Estimated Stock (SAV) $10000
Key Features: Prime Port Macquarie location. - No direct competition in the area -Fully fitted kitchen with high-end charcoal BBQ setup -Loyal and growing customer base
State: NSW
Suburb: Thrumster
Location: Situated in newly built shopping centre close to highway in Port Macquarie.
Premises: This business has an area of 239 sq. mts. including storage and cool room
Price not disclosed

No data

·

No data

·

No data

Owner is pursuing another business venture.

Sale Reason

No year data

Established

Shopping centre car park

Parking

1 owner + 1 full timer + 8 casuals

Employees

6 days - Tuesday to Thursday: 5:00 pm to 9:00 pm. Friday to Sunday: 11:30 am to 2:00 pm & 5:00 pm to 9:00 pm.

Trading Hours

5 years lease expires July 2028- New lease available upon negotiation -5% annual rent increases. - 3 months bank guarantee required

Lease

Korean BBQ restaurant featuring tabletop charcoal grills at each table, allowing diners to enjoy an authentic Korean BBQ experience. The menu offers premium raw and marinated meats including beef ribs, pork ribs, chicken, and seasonal vegetables, along with popular Korean dishes such as Bulgogi, Jeyuk, Bibimbap, and Korean fried chicken. The premises include a fully equipped commercial kitchen, cool room, ample storage, and seating for 100 customers indoors and 20 outdoors. The venue also holds a full liquor license, enhancing dining experience and revenue opportunities.

Features

Prime Port Macquarie location. - No direct competition in the area -Fully fitted kitchen with high-end charcoal BBQ setup -Loyal and growing customer base

Potential

Couple could save on wages and increase net profit. Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.- Can open 7 days

Comments

Great potential business for a motivated couple or family business. Motivated vendor. Staff are not aware of sale. Inspections only through your SBX broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$17000
Cost of Goods
$4000
Gross Profit
$13000
Rent
$3200
Wages
$1850
Telephone
$20
Insurance
$30
Electricity
$100
Misc 1
$58
Total Expenses
$6000
Estimated Stock
(Additional)
$10000
Net Profit
$7000
Price
$370,000
+ Estimated Stock (SAV) $10000
Price
$370,000
+ Estimated Stock (SAV) $10000
Contact Us

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $300,000

  • Cards – Gifts – Retail – Online

    Upper North Shore

    NSW

    Code: SFD1088

    $55,000

  • Restaurant – Vietnamese Cuisine

    Inner West

    NSW

    Net Profit: $10892

    Code: W1987

    $285,000

Related Businesses For Sale

  • Takeaway – Restaurant – Franchise

    Upper North Shore

    NSW

    Net Profit: $4152

    Code: W1991

    $189,000

  • Restaurant – Japanese Charcoal BBQ

    Inner West

    NSW

    Net Profit: $5624

    Code: W1992

    $189,000

  • Restaurant – Japanese Cuisine – Takeaway

    Eastern Suburbs

    NSW

    Net Profit: $5500

    Code: FN1355

    $330,000

  • Restaurant – Vietnamese Cuisine

    Inner West

    NSW

    Net Profit: $10892

    Code: W1987

    $285,000

  • Restaurant – Japanese Cuisine – Sushi Train- Takeaway

    South West Sydney

    NSW

    Net Profit: $4000

    Code: FN1351

    $65,000

  • Restaurant – Franchise – Profitable – Under Management

    Victoria East

    VIC

    Net Profit: $5522

    Code: PM1084

    $595,000