Manufacturer – Korean Cuisine

For Sale

·
Inner West

Business Code: W1995

$529,000
+ Estimated Stock (SAV) $10000
Key Features: Excellent kitchen facilities - Spacious kitchen area and office area including food preparation stainless steel stands, cabinets &fridges.
State: NSW
Suburb: Auburn
Location: Situated in industrial area in the Inner West.
Premises: This business is a two storey building with an area of 492 sq.mts. - Downstairs- extra large 3 freezer containers room + 2nd kitchen. + 6 car parks

Private reasons

Sale Reason

5 yrs

Established

6 car spaces

Parking

3 full timers + 1 owner full time ( Management)

Employees

5 days - Wednesday to Sunday: 8:00 am to 5:00 pm

Trading Hours

3 year lease from May 2024 + 3 yrs option. - Rent increases 2.5% per year. - Bond 2 months.

Lease

Manufacturer producing authentic Korean tasty food such as Korean style sausage soup, pork bone soup, boneless pork hock, beef rib soup, beef soup with cabbage, spicy beef brisket, stir fry vegetable soup, spicy seafood soup – 16 different flavours. – Factory made and ready to eat food with nice packaging, distributed to Asian supermarkets and restaurants. – Fully equipped commercial kitchen with 3 extra large wok with huge cook pots. Huge cool room and 3 extra big chillers. – Downstairs one more kitchen and food display fridges. – One wholesaler distributes to whole of Sydney grocery shops, another distributor supplies Brisbane, Melbourne, Adelaide.

Features

Excellent kitchen facilities - Spacious kitchen area and office area including food preparation stainless steel stands, cabinets &fridges.

Potential

Unlimited potential for a new owner. - Could add Thai etc to boost sales - could expand distribution to other states of Australia - could open own retail shop. - Could improve marketing to do home delivery. A great growth potential for a full time owner operator.

Comments

Sales increasing now. - Misc.- 1.- Rubbish collection - Misc.- 2.- Fork lift payment per week. total sales $15,000/week includes suppliers + sales at shop (factory) + Internet sales. - Motivated new owner can expect unlimited sales. Inspections through your SBX broker..

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$15000
Cost of Goods
$4200
Gross Profit
$10800
Rent
$5158
Wages
$2524
Electricity
$750
Misc 1
$150
Misc 2
$50
Total Expenses
$8920
Estimated Stock
(Additional)
$10000
Net Profit
$1880
Price
$529,000
+ Estimated Stock (SAV) $10000
Price
$529,000
+ Estimated Stock (SAV) $10000
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