Business Summary

If you are a hospitality investor seeking a sophisticated and differentiated concept then look no further!
* 64 Inside Seats / 70+ Outside Seats (Total 135 max)
* Iconic Site.
* Fully Licensed.
* Run Under Management.
* Minimum $40k Takings per week nowadays. Expect over $45k per week as we will re-open every Monday after 2-3 weeks time.
* 15 year lease (5 x 3-Year Terms, Commencing Feb 2021)
* 4.6/5 Star Rating on Google.
* Little over 12 staffs. Now 18 staffs in total.
* Profit: Approx. $400,000.00
* Sales over $2.1-2.2 mil p/a
* Charcoal BBQ DA.
* We have Awning Approval however we do not have actual one yet
* Cool room and other Storage.
* We have Tabacco License also - Shisha possible


A truly unique fine-dining restaurant in a prestigious and highly-coveted upmarket suburb, mere minutes south of Sydney's CBD, serving fine-dining Korean cuisine.

This is most certainly not your run-of-the-mill Korean hospitality establishment: the owners purpose-built this business to cater to a refined upscale clientele with a large degree of disposable income.

Situated in a prime commercial position, no expense was spared in furnishing this business. This is anchored to a generous lease of 15 years
(5 x 3-year terms, commencing 02/2021).

The business has already built up quite the reputation! This is evidenced by the myriad of positive online reviews  - holding a 4.6/5 star rating on Google, 5/5 star rating on Facebook and 4.5/5 Star rating on TripAdvisor. Furthermore, the business has been featured in esteemed Hospitality publications such as Good Food and Concrete Playground, with rave reviews on both.

The spacious seating area can accommodate up to 135 patrons (64 inside and 70+ outside) and it is matched by an equally spacious kitchen and storage area allowing for comfortable operations. It is presently run under management, with a total of 12 staff members.

This is an ideal opportunity for a savvy hospitality entrepreneur that wishes to take on a unique and popular restaurant in a desirable location, while inheriting a loyal following.

Investors are urged not to delay contacting our team for further details!

Listing ID: NSW10060Broker: Paul HelliwellPhone: + 61 2 9899 1999 / 0419 015 046Email: [email protected]

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW10060

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

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Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Asian, Food, Hospitality, Restaurant
Ref: NSW10060
Timestamp: 20230207020028

Property Details