Restaurant - Korean Cuisine- Under Management - Restaurant - Korean Cuisine- Under Management - Nets $10,000 p.w. - W1974

Restaurant - Korean Cuisine- Under Management - Sydney CBD - Agent SBX Code Number: W1974

Restaurant selling a variety of fried chicken options such as sweet and spicy, garlic soy, snow cheese chicken plus a diverse range of traditional Korean dishes, beer and soju.The menu also features hearty individual mains including spicy soft tobu stew. kimchi pork spare ribs, bulgogi, bibimbap etc.. One of the most authentic and tasty Korean Food Restaurant in Sydney CBD. - 54 seats - Liquor license until 200 a.m

Potential
Experienced new owner couple could save on wages. - Add to menu -Extend trading hours and open earlier- Do some marketing and advertising through internet and local papers

Features
Prime location in Sydney CBD. - Well known for many years - Good reputation - Google rating 4.5 - Most customers are regulars from surrounding apartments. - Tasty and traditional Korean food. - A good size restaurant (54 seats)

Premises
This restaurant has an area of 106 sq.mts.

Location
Situated in Sydney CBD on very busy road with huge number of pedestrians all day.

Trading Hours
7 days - Monday - Sunday - 1200 noon - 1200 midnight

Lease
5 year lease from November, 2019 + 5yrs. option -3 months bond - Rent increases by 4% per year.

Employees
Fully under Management - 2 full timers +12 part timers.

Comments
Misc.- 1- Rubbish collection, Equipment includes walk in cool & freezer room, large fridge, bench storage, air conditioner, high and multi media system, CCTV 9 cameras etc. - Lots of Uber sales from surrounding apartment residents. ($9,000-$10,000/week) Motivated vendor after long time in same business. Rare to see such a prime location restaurant for sale. Inspection through your brokers.

Figures
Weekly Sales $35000
Rent (ex GST) $4728
Wages $9500
Profit $10004

Agent SBX Code Number: W1974 - SBX Business Brokers

For more details, please email broker or call agents.