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LONG ESTABLISHED, POPULAR & PROFITABLE KOREAN FAMOUS CHICKEN LEGEND TAKEAWAY IN A SHOPPING HUB OF BRISBANE’S BUSTLING SUBURB
This business was established in 2013 with close to 12 years of profitable and successful operation cultivating a renowned brand for its authentic Korean fried chicken, delicious TOPOKKI, BIBIMBAP, SILKEN Tofu Pot, Korean Pancake, noodles and rice menus.
It is the "Must Visit" destination for the foodies who either stopover for a quick snack or a full meal, love and expect deliciously marinated, moist on the inside and crunchy on the outside pieces of chicken served with their choice of unique Korean flavours that truly represents the culture.
The business is operated by its owners supported by a team of reliable and experienced staff offering delicious food and great service. The business is located in one of the prime shopping hub of Brisbane's most bustling suburb. The shop is nested in a very popular shopping & dinning centre with extremely high foot traffic and ample of parking.
Given with its high visibility location, the rent is reasonably at $1,900/week (including O/G & GST plus an external storage room) supported by a lease till 2027 and an easy going landlord. This business is the landmark of the shopping hub so the landlord loves its presence and continuance.
Weekly averaged taking of $13,000 with net profit of $3,000+ per week and annual netting of $150,000 after the wages of two owners operators of $90,000 pa.
It is a perfect business for Visa 188A applicants or motivated operators or partners who have strong drive for profit with ambition to take this business to the next level. Owners have been enjoying the remunerative returns from this business for years and are unwillingly to offload but only due to health issue.
Owners are committed to disclose all the proprietary recipes with training to the new owner with an aim to offer a hassle-free handover and transition.
Contact Henry Chow
| Amy WanAsking $99,000
Ref. no. BUY2429
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
For more details, please email broker or call agents.
