Very Successful Korean BBQ Restaurant In Melbourne For Sale

Business description

This very successful KOREAN BBQ RESTAURANT, in the heart of Melbourne, is one of several pioneered by the same family since 2002.

The restaurant opens for lunch and dinner through to 1:00am and has a liquor licence.

Since a recent renovation and up-grade, sales have been increasing steadily and no matter which evening you go in, it is full of young folk creating a busy and lively atmosphere.

The business was established to take advantage of an obvious lack of good Korean Restaurants in Melbourne CBD and is now absorbing many clients from other venues.

FAST FACTS....
• Sales $15,000 - ($65,000 p/m and growing)
• ($22,000 eftpos; $43,000 cash)
• Wages $3,700 - ($16,000 p/m)
• Food Costs $4,200 - ($18,200 p/m)
• Rent $1,930 - ( $8,360 p/m)
• Utilities $230 - ($1,000 p/m)
• Misc $120 - (500p/m)
• Net Profit $4,850 - ($21,000 p/m)

FEATURES.....
• Lunch, Takeaway, Dinner
• Trading Hours Mon - Frid 10:00am - 1:am
• Sat & Sun 5:00pm - 1:00am
• Closed 3pm - 5pm
• Entrees $7.50 - $11.50; Mains $8.90 - $20.50
• Endless Banquet (all you can eat) $29.90 - $35.50
• Three Separate Areas
• 62 Seats Inside, 12 Seat Outside
• Great Décor
• Advertising Done on - Internet, Restaurant Websites. Paid Media, Chinese Magazines and Newspapers

Business is Being Sold on a WIWO Basis with 2 weeks Trial Period Offered.

Property information

Real Estate:

Lease