Restaurant – Korean Cuisine

For Sale

·
Inner West

Business Code: FN1326

$480,000
Key Features: Specialised Halal Korean Charcoal BBQ Buffet concept - Exceptionally strong customer demand and reputation - Full commercial kitchen, charcoal grill setup, canopy & exhaust systems- High revenue stream with consistent weekly sales- Well-trained staff - Proven profitability and strong local brand recognition
State: NSW
Suburb: Strathfield
Location: Prime Inner West CBD dining strip with strong pedestrian flow and public transport access. Surrounded by apartments, schools, and shopping centres.
Premises: The business occupies a total area of approx. 168 sq. mts, comprising: Indoor dining area 123 sq. mts. and outdoor seating area: 45 sq. mts. - plus commercial kitchen, cool room, freezer, dry storage, and staff amenities.

Owner is planning to expand their Halal K BBQ restaurant business into other areas.

Sale Reason

2 car spaces.

Parking

Under Management - 2 full timers + 3 to 8 casuals

Employees

7 days - Monday to Sunday: 4 pm to 9:30 pm.

Trading Hours

5 + 5 years lease commenced from October 2022 - 3 months bond - 4% increases per year

Lease

Highly popular Halal K BBQ Charcoal Buffet restaurant located in the heart of vibrant dining precinct. Famous for authentic Korean-style charcoal barbecue that complies with Halal preparation standards, this venue attracts a loyal following from the local Muslim community and beyond with customers regularly lining up outside during dinner peaks. Offering a buffet-style Korean BBQ experience with premium meats, side dishes, and grilled selections, the restaurant has established a strong reputation as one of the busiest and highest-grossing restaurants. The premises are fitted with full charcoal-grill infrastructure, canopy extraction, grease trap, and a large commercial kitchen, allowing smooth operation and high turnover with 48 seats outside and 36 seats inside.

Features

Specialised Halal Korean Charcoal BBQ Buffet concept - Exceptionally strong customer demand and reputation - Full commercial kitchen, charcoal grill setup, canopy & exhaust systems- High revenue stream with consistent weekly sales- Well-trained staff - Proven profitability and strong local brand recognition

Potential

Add lunch specials + weekday corporate sets- Introduce weekday lunch specials or delivery service- Promote catering and private function bookings-Extend late-night hours to capture after-dinner crowd- Liquor licence already in place - alcohol not currently served, providing immediate potential to boost sales

Comments

Well-equipped Korean BBQ with strong local demand and quality fit-out. Ideal for an experienced operator to drive lunch / late-night and delivery growth. - Staff not aware -inspection by appointment only through your broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$33000
Cost of Goods
$10000
Gross Profit
$23000
Rent
$4850
Wages
$6000
Telephone
$20
Insurance
$30
Electricity
$800
Misc 1
$840
Total Expenses
$13000
Equipment
(Included)
$10000
Net Profit
$10000
Price
$480,000
Price
$480,000
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