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restaurants for sale In Queensland, Gold Coast

Restaurant - Korean Cuisine - Profitable
  • Location: Queensland, Gold Coast
  • Category: Restaurant
  • Asking Price: $153,000
  • Sales Revenue: Undisclosed
  • Net Profit: Undisclosed
  • Furniture / Fixtures Value: Undisclosed
  • Inventory / Stock Value: Undisclosed
  • Restaurant -   Korean Cuisine - Profitable
Business Description

Restaurant - Korean Cuisine - Gold Coast Queensland - Agent SBX Code Number: TQU1001

Korean style BBQ restaurant using natural stone for cooking meat, seafood, vegetables and serving Korean style meals as well. - Licenced. - Very popular with Asian tourists and local workforce as well. - Great fit out and well presented.

Could advertise.

Loyal customers established with same owner for 14 years. - Prime location on one of the Gold Coasts busiest streets.

An area of approx. 50 sq. mts. with 30 indoor and 12 outdoor seats

Close to beach and in one of the most popular shopping presincts on the Gold Coast.

Trading Hours
7 days - Mon. - Sun. - 1130 a.m. - 1000 p.m.

Current lease expires June, 2015 and new lease negotiable with reduction (15% - 20%)

4 owners + 1 casual kitchen hand

Great opportunity to purchase very strong and well established business. - Very strong family business with high return on investment. - Payback period is only 9 months - Rare opportunity.

Weekly Sales $13000
Rent (ex GST) $2064
Wages $500
Profit $4821

Agent SBX Code Number: TQU1001 - SBX Business Brokers

Selling Assets:1

Employees:4 Owners + 1 Casual Kitchen Hand

Trading Hours:7 Days Mon. Sun. 11:30 A.m. 10:00 P.m.

Reason For Selling:Owner Wanting To Retire

Lease Terms:Current Lease Expires June, 2015 And New Lease Negotiable With Reduction (15% 20%)

Company Name: SBX Business BrokersAgent Detail: SBX Business BrokersPhone:Click here for phone number
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Advert ID : 91350Please answer this question: 10 + 9 = ?