Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $450,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $450,000

Business Details

Restaurant - Korean cuisine - Sydney CBD

\nRestaurant - Korean cuisine - Sydney CBD - Agent SBX Code Number: FN1028

Restaurant serving variety of Korean traditional cuisines, fried chicken, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area. - Food elevator - every floor has separate simple kitchen for serving meals- Fully licensed- 75 seats

Potential
Suitable for experienced couple owner and save on wages

Features
Excellent C.B.D. location. - Well established - Stable business - Regular customers

Premises
Three floors with an area of 100 sq.mts. for each floor

Location
Situated in the heart of the CBD surrounded by office buildings and shops close to train station

Trading Hours
7 days - Mon. - Sun. - 1130 a.m.- 2 a.m.

Lease
New 5 + 5 year lease commenced January, 2016. - 4% annual increases - 3 months bond

Employees
Under full management- 2 fulltimers + 7 casuals

Comments
Rare to find such a good, stable business. - Genuine sales records available - Full training available - Motivated vendor.

Figures
Weekly Sales $23000
Rent (ex GST) $3268
Wages $6000
Profit $6944

Agent SBX Code Number: FN1028 - SBX Business Brokers

  • Last Updated May 2016
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $10306
  • Business Selling Price $450000
  • Trading Hours 7 days - Mon. - Sun. - 11:30 a.m.- 2 a.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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