Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $240,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $240,000

Business Details

Japanese - Korean Cuisine - Restaurant - Inner West



Japanese - Korean Cuisine - Restaurant - Inner West - Agent SBX Code Number: FN1013

Restaurant - serving Japanese and Korean cuisine including fresh sashimi, hot foods and lunch menues - Full kitchen with exhaust, grease trap, coolroom and live fish tank - 68 seats

Potential
New owner could open 7days - Would suit any type of Korean or Chinese cuisine

Features
Excellent fitout - Growing business - Licenced

Premises
This business has an area of 150 sq.mts. including 1 dining room

Location
Situated on busy corner in prime location in Inner West.

Trading Hours
6 days - Mon. - Sat. - 10 a.m. - 12 p.m.

Lease
Current 5 + 5 year lease commenced May, 2014. - 3% increases per year - 2 months bond

Employees
2 owners + 3 full timers + 2 casuals

Comments
Rare opportunity to obtain Korean style Japanese restaurant in prime location..- The fit out and equipment are of a very high standard and a new operator will be able to continue to grow the business and increase sales and profit.

Figures
Weekly Sales $15000
Rent (ex GST) $3150
Wages $3600
Profit $3740

Agent SBX Code Number: FN1013 - SBX Business Brokers

  • Last Updated October 2015
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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