Restaurant – Korean BBQ – Takeaway

For Sale

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Sydney CBD

Business Code: W1960

$690,000
+ Estimated Stock (SAV) $20000
Key Features: Prime location in CBD - Always crowded until late. - Luxurious and elegant shop fittings. - Well known for over 17 yrs. - The atmosphere is perfect. Premium Koran BBQ Restaurant over 3 levels.
State: NSW
Suburb: Sydney
Location: Situated in the heart of Sydney CBD
Premises: 3 storey luxurious modern shop fit out with a total area of 600 sq.mts.
Price not disclosed

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Two many businesses including food factory and other restaurants.

Sale Reason

17 yrs

Established

One car space.

Parking

Fully under management - 6 full timers (cook chef included) + 12 part timers.

Employees

7 days - 11:30 am to 10:00 pm

Trading Hours

3 year lease from August 2025 + 3 yrs. option - 3 months bond - rent increases by 4% per year.

Lease

Premium Korean BBQ cuisine restaurant with tabletop charcoal grills at each table. The menu features a wide range of grilled and BBQ meat such as marinated pork and beef ribs, beef brisket, soft tofu soup, crispy chicken, seafood pancakes, black bean noodles etc. Very large commercial kitchen (110 m2) with cool room and frozen room – . 250 comfortable seats inside over 3 levels. Liquor license until 10:00 pm, The weekly takings shown is shop retail only without home delivery. All food material and ingredients are delivered by central kitchen owned by the vendor. First time on market after 17 years successful operation. – High margin, very popular, famous korean BBQ Restaurant in Sydney. Sales over $3 Millions per year.

Features

Prime location in CBD - Always crowded until late. - Luxurious and elegant shop fittings. - Well known for over 17 yrs. - The atmosphere is perfect. Premium Koran BBQ Restaurant over 3 levels.

Potential

Ideal for family business or partnership. Could add surrounding office towers, apartments home delivery. Motivated new owner family could save a lot of wages and increase profit.

Comments

Each table has smoke exhaust duct underground gas system ( premium new system). - Motivated vendor. - Shop inspections only through your broker. Staff are not aware

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$76198
Cost of Goods
$22859
Gross Profit
$53
Rent
$8769
Wages
$21613
Telephone
$30
Insurance
$135
Electricity
$908
Total Expenses
$32369
Estimated Stock
(Additional)
$20000
Net Profit
$20970
Price
$690,000
+ Estimated Stock (SAV) $20000
Price
$690,000
+ Estimated Stock (SAV) $20000
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