Takeaway – Korean Fried Chicken – Franchise

For Sale

·
Western Suburbs

Business Code: W1883

$150,000.00
+ Estimated Stock (SAV) $10000
Key Features: Prime location .Very easy to operate - Well set up beautiful near new shop (1 year ) - Under management. Franchise with 11 stores in Sydney.
State: NSW
Suburb: Cabramatta,
Location: Situated outside the shopping centre in front of car park area in Western suburbs.
Premises: This business has an area of 40 sq. mts.
Price not disclosed

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Franchisor opening more shops

Sale Reason

1 yr

Established

Shopping centre car park

Parking

Fully under management - 2 full timers + 1 part timer

Employees

7 days - Monday to Wednesday: 11:00 a.m to 9:00 p.m. Thursday, Friday, Saturday: 9:00 a.m to 10:00 p.m.

Trading Hours

Current lease expires November 2027 - 3 months bond - Rent increases 4% per year.

Lease

Takeaway Franchise for Korean fried chicken serving chicken platter, couples pack, spicy chicken burgers, and 11 different varieties of fried chicken, 5 meal boxes, 12 sides, nuggets, chips, 9 rice bowls, prawn curry rice bowl, 5 noodles (teriyaki chicken, ramen, bulgogi) – Cool room.

Features

Prime location .Very easy to operate - Well set up beautiful near new shop (1 year ) - Under management. Franchise with 11 stores in Sydney.

Potential

New owner couple could save on wages. higher net profit. Could do some marketing around the area. Continue to grow the business. Could open longer hours

Comments

Misc.- 1- Franchise fee 4% of sales. - No franchise joining fee - Franchisor (head office) supplies menu, continuous ongoing support, training. - 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
$13500
Cost of Goods
$4500
Gross Profit
$9000
Rent
$972
Wages
$3200
Telephone
$25
Insurance
$75
Electricity
$200
Misc 1
$491
Total Expenses
$5113
Estimated Stock
(Additional)
$10000
Net Profit
$3887
Price
$150,000.00
+ Estimated Stock (SAV) $10000

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