Restaurant – Korean BBQ Cuisine

For Sale

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Central Coast

Business Code: W1890

$145,000.00
+ Estimated Stock (SAV) $7000
Key Features: Excellent shop fit out with BBQ grill on each table. Only Korean BBQ Restaurant in this area. Easy to manage. High margins, Sales increasing weekly Regular repeat customers
State: NSW
Suburb: Gosford
Location: Situated in residential / commercial area of Central Coast.
Premises: This business has an area of 180 sq. mts. including storage and toilet.
Price not disclosed

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Private reasons

Sale Reason

6 yrs

Established

4 car spaces. Rear side public car park

Parking

2 owners + 1 full timer

Employees

6 days - 11:00 am to 10:00 pm. Wednesday to Monday. Closed Tuesday

Trading Hours

Current lease expires November 2024 + 3 yrs option - Bond 3 months. - Rent increases by 4% per year.

Lease

Restaurant serving Korean style cuisine – Installed table top charcoal BBQ grill on each table serving high quality meat and sides dishes. Customers can select in season raw or marinated beef rib, pork rib, chicken, scallops, and vegetables for BBQ. Tasty variety of Korean fried chicken. Variety of Korean style dishes, fish cakes, stir fry seafood, mussel soup, and various Korean bar snacks – The venue seats up to 56 people inside. Full liquor license. – full kitchen, cool room.

Features

Excellent shop fit out with BBQ grill on each table. Only Korean BBQ Restaurant in this area. Easy to manage. High margins, Sales increasing weekly Regular repeat customers

Potential

No competition, Huge demand for Korean BBQ, Could open 7 days till late as there is high demand, Suit family business. Ideal for motivated owner operator. Promote and deliver to surrounding apartments and residential area.

Comments

Food prices are reasonable for the quality of food and service provided, making it an ideal spot for casual dining or special occasions. The interior design is modern and sleek. Full training provided by vendor with full recipes for fried chicken and Korean meals. All equipment belongs to business, nothing leased. Motivated vendor. A must inspection, Please do not contact staff or owner. Inspections through your SBX Broker please.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$3000
Gross Profit
$7000
Rent
$839
Wages
$1000
Electricity
$140
Total Expenses
$2079
Estimated Stock
(Additional)
$7000
Net Profit
$4921
Price
$145,000.00
+ Estimated Stock (SAV) $7000

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