Very Popular Korean BBQ Restaurant in Western Suburb

Price: $250,000 Location: Parramatta, NSW Ref: 5084161
Agent:
Kenneth Ju
Agent Phone:
Office Phone:
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Business Headline :
Very Popular Korean BBQ Restaurant in Western Suburb
Price :
$250,000
Category :
Food/Hospitality, Restaurant
Full Description :

Renowned and very popular Korean Charcoal BBQ restaurant in a busy shopping strip near the train station in Key Western Suburb.

Modern BBQ facilities with over 150 seating capacity.

Variety of Korean BBQ and Traditonal and Fusion K-Food menu offered.

Fully under management with professional and experienced staff.

Very popular spot among the local community.

Further growth potential opportunities with promotion by digital marketing.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5084161#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5084161#enquire-now

Annual Rent : $139,053 - Weekly Rent : $2,674

Annual Turnover : $1,040,000 - Weekly Turnover : $20,000

Annual Gross Profit : $676,000 - Weekly Gross Profit : $13,000

Annual Ebit : $156,520 - Weekly Ebit : $3,010

Premise : Leased

Lease Commencement : Sep 2019

Lease End : Aug 2022

Lease Option: 3 years

Current Outgoings pa: $6,000

Total Floor Area : 250 Square Metres

Franchise : No

Year Purchased : 2016

Year Established : 2015

Days Trading : 7

Staff : 4 Full Time - 3 Casual

Staff Salaries : $312,000

Reason for Sale : Retirement

Location : Lidcombe

Business Potential : Potential by digital marketing promotion under new management

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