Restaurant – Takeaway -Korean Cuisine – Franchise

For Sale

·
Western Suburbs

Business Code: W1849

$179,000.00
+ Estimated Stock (SAV) $5000
Key Features: Very easy to operate - Prime location. Well set up beautiful near new shop. - Corner location. - Under management.
State: NSW
Suburb: Chester Hill
Location: Situated outside Western Suburbs shopping centre in the car park area.
Premises: This business has an area of 100 sq. mts.
Price not disclosed

No data

·

No data

·

No data

Opening more new shops ( owner is Franchisor)

Sale Reason

1 yr

Established

Shopping centre car park

Parking

Fully under management - 2 full timers + 3 part timers

Employees

7 days, Sunday to Thursday: 11:00 am to 9:00 pm. Friday & Saturday: 11:00 pm to 10:00 pm.

Trading Hours

Current lease expires May 2027 - Bond 6 months - Rent increases 4% per year

Lease

Franchise Korean fried chicken ( 7 stores in Sydney) serving fried chicken platter, couples pack, spicy chicken burgers, and 11 different varieties of Korean fried chicken, 5 meal boxes, 12 sides, nuggets, chips, 9 rice bowls, prawn curry rice bowl, 5 noodles (Teriyaki chicken, ramen, bulgogi) – inside 12 seats, – outside 16 seats. – 12 seats inside.

Features

Very easy to operate - Prime location. Well set up beautiful near new shop. - Corner location. - Under management.

Potential

New owner couple could save on wages. Fantastic opportunity to own an established and extremely successful profitable business. Could do some marketing around the area. - Continue to grow the business.

Comments

Misc.1. Franchise fee 4% of sales. - No franchise joining fee - Franchisor (head office) supplies menu, continuous ongoing support, training. Could open longer hours - Head office also supplies chicken powder, all chicken sauces, packing materials, marinated chicken. Head office can supply half cooked chicken in frozen condition as well. - Double frying helps render out the fat from the chicken skin and gives it a crispy, crunchy exterior. Available on multiple delivery service apps. Including Uber Eats , Menu Log , Deliveroo and DoorDash. Staff are not aware. Inspections through SBX broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$16500
Cost of Goods
$5500
Gross Profit
$11000
Rent
$1930
Wages
$4000
Electricity
$185
Misc 1
$735
Total Expenses
$6890
Estimated Stock
(Additional)
$5000
Net Profit
$4110
Price
$179,000.00
+ Estimated Stock (SAV) $5000

Featured Businesses For Sale

  • Cafe – Takeaway – Charcoal chicken

    South West Sydney

    NSW

    Nett Profit: $7360

    $450,000.00

  • Entertainment – Play Centre

    Western Suburbs

    NSW

    Nett Profit: $6903

    $659,000.00

  • Retail – Online – Computer – Internet.

    Western Sydney

    NSW

    Nett Profit: $2098

    $128,000.00

  • Burgers-Takeaway-Casual Dining-Under Management

    Upper North Shore

    NSW

    Nett Profit: $6750

    $450,000.00

  • Cafe – Coffee Shop – Takeaway

    South Coast NSW

    NSW

    Nett Profit: $2210

    $112,500.00

  • Franchise – Repairs – Business Opportunity – Automotive – Tinting – Signage

    North Coast NSW

    NSW

    $27,000.00

Related Businesses For Sale

  • Cafe – Lobby – Espresso – Takeaway

    NSW

    Nett Profit: $23646

    $2,800,000.00

  • Takeaway – Sushi

    Inner West

    NSW

    Nett Profit: $1720

    $139,000.00

  • Cafe – Takeaway

    City Fringe

    NSW

    Nett Profit: $1600

    $100,000.00

  • Takeaway -Sushi

    Lower North Shore

    NSW

    Nett Profit: $11781

    $589,000.00

  • Cafe – Espresso Bar – Takeaway

    City fringe Sydney

    NSW

    Nett Profit: $3150

    $160,000.00

  • Gelato – Patisserie – Takeaway

    Sydney CBD

    NSW

    $90,000.00