Food/Hospitality for sale
Restaurant - Takeaway - Functions - City Fringe
\nRestaurant - Takeaway - Functions - City Fringe - Agent SBX Code Number: SF1149J
Restaurant serving Korean cuisine including sizzling barbecue shared plates and fresh home style Korean entrees, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area - fully licenced - 50 seats. - CCTV, alarm, POS system.
Open more hours - could do promotions and marketing - outdoor seating (STA) - suit any cuisine - increase deliveries.
A local icon - Online ordering - Low rent - Residence attached.
This business has an area of 80 sq .mtrs. including main restaurant, kitchen and 2 toilets.
Situated on busy main road in the City fringe close to a major University, apartments and commercial buildings.
6 days - Mon. - Fri. - 12 p.m.- 3 p.m. - 5 p.m. - -10 p.m. - Sat. - 5 p.m. - 10 p.m.
Current lease commenced Nov. 2014 - Expires Nov. 2016 + 2 year option - C.P.I. increases - 1 month bond
2 owners + 1 parttimer + 2 casuals
Misc 1. + 2 Other general expenses. - The upstairs 3 bedroom unit (no separate entrance) is rented at $500 per week, so the vendor only pays $350 plus gst rent for the business a week.
Weekly Sales $9000
Rent (ex GST) $350
Agent SBX Code Number: SF1149J - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food
- 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