Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $335,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $335,000

Business Details

Restaurant - Korean Cuisine - Sydney CBD

\nRestaurant - Korean Cuisine - Sydney CBD - Agent SBX Code Number: W1539

Restaurant serving variety of tasty Korean cuisine including fried chicken, main meals, noodles, seafood, salads. - excellent kitchen equipment with coolroom and storage area. - 55 seats.

Potential
Strong possibility you could obtain liquor license which would increase sales. -Two experienced owners could save on wages. - Could add sushi rolls, udon, bento

Features
Very best location. - Young students are the main customers, - Good size restaurant

Premises
This business has an area of 130 sq.mts.

Location
Situated close to UTS campus buildings and is always busy with students.

Trading Hours
7 days - 1000 a.m. - 1000 p.m.

Lease
4 years + 4 years option from October 2014.

Employees
1 owner + 6 casuals

Comments
Most of customers are Chinese (approximately80%) - New Chinese owner could run this business as well. - Full training available with recipes. - Rare to find such a good business - Motivated vendor- A must inspection.

Figures
Weekly Sales $20000
Rent (ex GST) $3780
Wages $4500
Profit $6000

Agent SBX Code Number: W1539 - SBX Business Brokers

  • Last Updated September 2016
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Business Selling Price $335000
  • Trading Hours 7 days - 10:00 a.m. - 10:00 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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