Restaurant for sale, Sydney NSW
At a glance
- Lease
- 5 + 5 year lease commenced April 2025 - 4% increase per year - 3 months bond
About the business
A Korean BBQ restaurant on the Sydney City Fringe, New South Wales. It serves Korean BBQ with Australian Wagyu beef and pork, plus kimchi stew, Korean pancakes, noodles and Korean fried chicken. It has indoor capacity for approximately 60 guests and holds a liquor licence. It trades 6 days, Tuesday to Sunday, 11:30 am to 3 pm and 4:30 pm to 10 pm. Staff are 1 owner, 2 full timers and 2 casuals. The premises are 143 sq.m with cool room, freezer room and storage, and near-new fit-out and equipment throughout. The 5 + 5 year lease commenced April 2025. The existing brand, branding and proprietary recipes / IP are excluded. The broker reports limited direct competition.