Takeaway – Korean Cuisine – Foodcourt -Franchise

For Sale

·
Inner West

Business Code: FN1356

$60,000
+ Estimated Stock (SAV) $10000
Key Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.
State: NSW
Suburb: Rhodes
Location: Situated in a bustling food court within a shopping centre in an Inner West Sydney suburb, with high visibility and steady customer flow.
Premises: This business has an area of 67.2 sq. mts. with 12 sq.mts. storage

Owner pursuing another venture

Sale Reason

Shopping centre parking

Parking

1 owner + 2 full timers +. 2 casuals

Employees

7 days - Shopping centre hours. - Monday to Sunday: 10 am to 8 pm.

Trading Hours

7 years lease commenced December 2023 - 4% increases - 3 month bond

Lease

Well-established Korean street food takeaway franchise. The menu features popular Korean street food items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, kransky sausage and drinks, attracting strong interest from both local residents and visitors. The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner. This business is an excellent opportunity for a couple or family operators to run together and improve profitability by reducing wages.

Features

Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.

Potential

Ideal for owner-operator couple to reduce staff costs and increase profit- Expand catering and delivery services- New apartments and developments nearby will increase customer flow- Potential to extend trading hours to 10 pm- Growing residential developments nearby increasing customer traffic

Comments

This business is part of a growing franchise network with 10 locations across Sydney, offering the stability and support of a well-established brand.- Misc.-1- Franchise fee: 4% plus GST of net sales - Rent includes outgoings.-Inspection is highly recommended, but please be discreet.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$13800
Cost of Goods
$4830
Gross Profit
$8970
Rent
$3130
Wages
$2705
Telephone
$25
Insurance
$25
Electricity
$442
Misc 1
$570
Total Expenses
$7018
Estimated Stock
(Additional)
$10000
Net Profit
$1952
Price
$60,000
+ Estimated Stock (SAV) $10000
Price
$60,000
+ Estimated Stock (SAV) $10000
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