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Profitable Korean BBQ Restaurant with 100 Seats & Liquor Licence

Canberra ACT, ID 160625

Profitable Korean BBQ Restaurant with 100 Seats & Liquor Licence 1
Profitable Korean BBQ Restaurant with 100 Seats & Liquor Licence 1
Asking price:
AUD$650 000
Sales Revenue: $1 000 000 aud
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Description

This is a rare opportunity to acquire a Korean BBQ restaurant generating over 1.5 million dollars in annual sales. The business is located in a prime area with strong local and tourist traffic.The restaurant features a 100 seat dining area, both indoor and outdoor, along with a liquor licence and a fully equipped commercial kitchen.Key HighlightsConsistent annual sales exceeding 1.5 million dollarsSpacious 100 seat dining areaLiquor licence in placeFully equipped commercial kitchenReliable team of 7 to 8 staff in placeStrong mix of local and tourist customers year roundNet profit of approximately 35,000 per monthLong lease until October 2030 plus a 4 year optionMonthly rent 9,918.75 plus outgoings of 1,636.75Established and proven business modelThe business operates with dine in service and has scope to expand into delivery and catering. The current team is experienced and supports a smooth transition to new ownership.

Details

Real Estate: Lease
Employees (ppl): 8
Asking price: 650 000 aud
Sales Revenue: 1 000 000 aud
Rent (per year): 119 016 aud

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