Popular Korean BBQ – Parramatta (6 days trade)
Established, busy shop in George Street Parramatta with liquor licence.
Top location in Parramatta. 5 star reviews for their quality Korean cuisine
This attractive and profitable shop has been operating successfully for 5 years
Very close to courthouses, Riverside theatres, Eat Street and only a few blocks from Parramatta station. Surrounded by many offices, close to hotels and many high profile international businesses.
* Immaculate, clean, large and modern shop space over 160 sqm.
* Modern fit-out, appealing furniture plus extensive equipment list
* Features large kitchen, walk in cool room, walk in dry store plus freezer.
* Shop has great indoor seating with 96 seats and 20 tables.
* Strong reputation attained from owner’s passion and commitment to top quality food.
* Currently operating 6 days (not Wednesday) 11am to 10pm.
* Attractive lease to March 2025
* Car spot for owner
* The kitchen could easily support a conversion to other cuisines.
* Increase daily trading hours plus an additional day per week.
* Increase sales through Uber eats, Menu Log deliveries.
* Potential to build on catering clients
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5103567#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=5103567#enquire-now
Annual Rent : $120,000 - Weekly Rent : $2,308
Annual Turnover : $754,000 - Weekly Turnover : $14,500
Annual Gross Profit : $535,000 - Weekly Gross Profit : $10,288
Annual Ebit : $225,000 - Weekly Ebit : $4,327
Premise : Leased
Lease Commencement : Mar 2015
Lease End : Mar 2020
Lease Option: 5 years
Total Land Area : 160 Square Metres
Total Floor Area : 160 Square Metres
Total No of Parking : 1
Franchise : No
Approximate Stock Value : $3,000
Year Purchased : 2015
Year Established : 2015
Days Trading : 6
Staff : 2 Full Time - 3 Part Time
Staff Salaries : $150,000
Reason for Sale : Work life balance
Location : Parramatta
Business Potential : The kitchen could easily support a conversion to other cuisines. * Increase daily trading hours plus an additional day per week. * Increase sales through Uber eats, Menu Log deliveries. * Potential to build on catering clients
Parking Comments : 1 car - Street and parking station
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