Popular Korean BBQ – Parramatta (6 days trade)

Price: $199,000 Location: Parramatta, NSW Ref: 5103567
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Popular Korean BBQ – Parramatta (6 days trade)
Price :
$199,000
Category :
Food/Hospitality, Restaurant, Cafe/Coffee Shop, Alcohol/Liquor
Full Description :

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. 

Key Features:

* 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 

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

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5103567#enquire-now

To 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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