Franchise Korean Cuisine Restaurant - Takings $30,000 p.w. - W1981

Restaurant - Korean Cuisine - Franchise - Inner West - Agent SBX Code Number: W1981

pAuthentic Korean franchise food & beer restaurant - A vibrant fried chicken spot with a relaxed, welcoming vibe. - Alongside its signature crispy chicken in various styles from classic bone-in to creamy and spicy boneless. It also serves hearty Korean favourites like pork bulgogi, short ribs, stews and popular sides include mozzarella sticks, cheese sticks and sweet potato chips. -Asahi beer and soju. Its a local hotspot for authentic Korean flavours. - Upstairs 51 seats - downstairs 45 seats. - Liquor license until 1000pm/p

Potential
Suits a family business - could save on wages with higher net profit. Do more advertising through local papers and internet.

Features
Prime location in restaurant street in Inner West. - Large store withplenty of space and seats - Good place for group meetings or parties. Food is very famous and delicious. - Full training available with recipes. Steady sales business.

Premises
This business has two storeys and is quite a big restaurant with an area of 300 sq. mts. and main kitchen with 3 cool rooms upstairs.

Location
Situated in the heart of Inner West amongst restaurants and cafes on commercial street.

Trading Hours
Open 7 days - Monday to Sunday 1100 am to 1000 pm

Lease
Current lease expires November 2029 - 3 months bond - rent increases by 3% per year.

Employees
1 Manager + 4 full time (incl. chef ) + 5 part time

Comments
pKorean fried chicken franchise business (13 stores in Sydney) - Misc.-1- Royalty 4% - Food cost 25%-30% of sales. - Easy to operate - Head office supplies chicken sauce, chicken boxes, packing materials (containers). Rent $3,804 includes outgoings. A must inspection. Motivated vendor. Staff not aware and inspections only through your broker./p

Figures
Weekly Sales $30000
Rent (ex GST) $3804
Wages $9500
Profit $2116

Agent SBX Code Number: W1981 - SBX Business Brokers

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