Takeaway – Korean Cuisine -Franchise

For Sale

·
South Sydney

Business Code: W2011

$199,000
+ Estimated Stock (SAV) $5000
Key Features: Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.- Under management.
State: NSW
Suburb: Hurstville
Location: Situated in food court in major shopping centre in South Sydney.
Premises: This business has an area of 30sqm

Private reasons

Sale Reason

3 yrs

Established

Shopping centre car park

Parking

Fully under management - 3 full timers + 1 part timer

Employees

7 days - 10:00 am to 6:00 pm

Trading Hours

8 yrs. lease from 2023 - 3 months bond. - Rent increases by 1.5% + CPI

Lease

Well-established Korean street food takeaway franchise. The menu features popular items such as Korean fried chicken, teokbokki, gimbap, fish cake skewers, sausage skewers, kransky sausage and drinks, attracting strong interest from both local residents and visitors. The shop is fully equipped with a modern fit-out and kitchen, allowing an easy transition for a new owner.

Features

Prime location in busy shopping centre food court - Well known Korean street food franchise brand - Simple menu and easy operation - Fully fitted commercial kitchen - Nothing to spend.- Under management.

Potential

Ideal for owner-operator couple to reduce staff costs and increase profit- Expand catering and delivery services through internet ad. add up - develop new menu whatever young customers.

Comments

Rent includes outgoings, marketing, storage. - Franchise business - Royalty 4.5% of gross sales.( can be adjustable) - Misc-1- Royalty payment.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$14000
Cost of Goods
$4200
Gross Profit
$9800
Rent
$2908
Wages
$3500
Insurance
$50
Electricity
$300
Misc 1
$630
Total Expenses
$7426
Estimated Stock
(Additional)
$5000
Net Profit
$2374
Price
$199,000
+ Estimated Stock (SAV) $5000
Price
$199,000
+ Estimated Stock (SAV) $5000
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