Restaurant – Korean BBQ Cuisine

For Sale

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Inner West

Business Code: W1950

$199,000
+ Estimated Stock (SAV) $5000
Key Features: Well set up BBQ restaurant. Each table has charcoal rotating skewer plate installed with duct system. Good corner location. Spacious with full kitchen equipment. New and special type of BBQ business
State: NSW
Suburb: Strathfield
Location: Situated in cafe, restaurant strip in Inner West.
Premises: This businss has an area of 180 sq. mts.
Price not disclosed

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Private reasons

Sale Reason

2 yrs

Established

Shopping centre car park

Parking

1 owner (all rounder) + 2 full timers + 2 part timers - Saturday - 3 part timers + 2 full timers.

Employees

6 days - Wednesday to Monday: 11:30 a.m to 2:30 p.m & 5:00 p.m to 10:30 p.m. Closed Tuesday

Trading Hours

Current lease expires November 2026 - 3 months bond - Rent increases 4% per year.

Lease

Modern Korean charcoal BBQ restaurant serving rotating skewers including BBQ chicken skewers, lamb, pork, etc. Also serving steamed egg, marinated crab in spicy sauce, cockles bibimbap, black wheat noodle, crab shell, kimchi stew, seafood pancake, cold noodles, ginko skewers etc. 61 seats inside – cool room and liquor license until 10:00 p.m

Features

Well set up BBQ restaurant. Each table has charcoal rotating skewer plate installed with duct system. Good corner location. Spacious with full kitchen equipment. New and special type of BBQ business

Potential

Suits a family business. Can be changed to any kind of restaurant including normal BBQ restaurant. Potential to boost sales through local marketing and a stronger social media presence.

Comments

Summer season sales average $20,000/week, Winter season $16,000/week. For shop fit out cost was approx. $400,0000. - Motivated vendor. - A must inspection through your broker, staff are not aware.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$16000
Cost of Goods
$4500
Gross Profit
$11500
Rent
$2538
Wages
$5000
Telephone
$150
Insurance
$60
Electricity
$380
Total Expenses
$8609
Estimated Stock
(Additional)
$5000
Net Profit
$2891
Price
$199,000
+ Estimated Stock (SAV) $5000
Price
$199,000
+ Estimated Stock (SAV) $5000
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