THE ULTIMATE in FOOD and WINE INDULGENCE

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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 – 1:00am
  • 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.

This business is exclusively listed with Excel Business Broking Services.

  • Ref No:

    PT-KBR017

  • State:

    Vic.

  • Location:

    Melbourne

  • Category:

    Hospitality - Restaurant

Please DO NOT contact Vendor direct Inspections by appointment only
  • Business Consultant:

    Peter Troy

  • Sales:

    $65,000 per mth

  • Gross Profit:

    $47,000 per mth

  • Net Profit:

    $21,000 per mth

  • Price:

    $250,000

Contact Peter Troy petert@excelbbs.com.au - 0412 330 077