Profitable Korean BBQ Restaurant with 100 Seats & Liquor Licence

Description

Business type: Korean BBQ restaurant

Location type: prime local and tourist area

Financial performance

Annual sales: more than $1.5 million

Net profit: approximately $35,000 per month

Premises

Seating capacity: approximately 100

Indoor dining: available

Outdoor dining: available

Commercial kitchen: fully equipped

Liquor licence: in place

Operations

Staff: approximately 7 to 8

Team: experienced

Business model: established

Dine-in service: established

Customers

Local customers: established

Tourist trade: established

Year-round demand: consistent

Lease

Lease expiry: October 2030

Lease option: four years

Monthly rent: $9,918.75

Monthly outgoings: $1,636.75

Growth

• Add delivery services
• Expand catering
• Increase takeaway sales

Transition

Existing team: available to support continuity