For Sale $153,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

QLD

For Sale $153,000

Business Details

Restaurant - Korean Cuisine - Gold Coast Queensland

\nRestaurant - Korean Cuisine - Gold Coast Queensland - Agent SBX Code Number: TQU1001

Korean style BBQ restaurant using natural stone for cooking meat, seafood, vegetables and serving Korean style meals as well. - Licenced. - Very popular with Asian tourists and local workforce as well. - Great fit out and well presented.

Potential
Could advertise.

Features
Loyal customers established with same owner for 14 years. - Prime location on one of the Gold Coasts busiest streets.

Premises
An area of approx. 50 sq. mts. with 30 indoor and 12 outdoor seats

Location
Close to beach and in one of the most popular shopping presincts on the Gold Coast.

Trading Hours
7 days - Mon. - Sun. - 1130 a.m. - 1000 p.m.

Lease
Current lease expires June, 2015 and new lease negotiable with reduction (15% - 20%)

Employees
4 owners + 1 casual kitchen hand

Comments
Great opportunity to purchase very strong and well established business. - Very strong family business with high return on investment. - Payback period is only 9 months - Rare opportunity.

Figures
Weekly Sales $13000
Rent (ex GST) $2064
Wages $500
Profit $4821

Agent SBX Code Number: TQU1001 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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Enquire

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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