Korean restaurant offering dine-in, takeaway and delivery

About the business

This is a Korean restaurant in Sydney, New South Wales, in the Sydney CBD. It is near Central Station and Chinatown. The menu features LA beef galbi, pork galbi, pork belly, spicy pork, Korean fried chicken, beef rib soup, budae-jjigae, bibimbap and noodle dishes. The business offers dine-in, takeaway and delivery. Seating is for 40 customers, with space for up to 10 more outdoor seats, and there is a fully equipped commercial kitchen, a cool room and storage. The premises are 110 square metres with a full kitchen and a cool room. It trades seven days, Monday to Sunday, 11:30am to 10pm. A new 3 plus 3 or 5 plus 5 year lease is available, subject to landlord agreement, with proposed terms of 4% annual increases and a three month bond or bank guarantee, to be confirmed. The owner wishes to focus on other business operations. The broker reports that the vendor advises the premises had a complete renovation about three months ago, including a new fit-out, equipment and cool room. The broker reports that the vendor advises the liquor licence permits trading until midnight. The broker reports a well established restaurant with a loyal customer base, a modern and welcoming interior and strong pedestrian traffic, with scope for new menu items, drinking concepts, seasonal promotions and better operating efficiency.