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URGENT SALE Authentic Korean BBQ Restaurant - $79,000 (15883)

$79,000

Balwyn, Victoria

URGENT SALE Authentic Korean BBQ Restaurant - $79,000 (15883)

Strategically located in Melbourne's affluent eastern suburbs, a highly populated area with a large Asian demographic, this restaurant is only 6 months old but has already gained an amazing reputation among locals for serving up an authentic, traditional Korean BBQ experience.

Positioned on a busy main road with large floor to ceiling windows looking out onto a park directly opposite the shop, the business experiences high rates of passing traffic all year round as it is close to numerous public transport options and other key retail outlets.

With a $100,000 renovation carried out recently the restaurant is modern, spacious, and fully equipped with all your BBQ needs! The main attraction is definitely the traditional Korean BBQ in the middle of each table where customers order their food and have it cooked in front of them. This has created an unbeatable customer experience which keeps them coming back for more!

Key features of the restaurant include:

*Taking $10,000 per week
*Reasonable rent at $929 per week
*Open 7 days
*Secure 10 year lease in place
*Up and coming foodie trend
*Seats 55 inside
*Licenced

For more information please contact Kristy Kolaitis from LINK, formerly Klemms on the below:
Phone: 0421 136 415
Email: kristy.kolaitis@linkbusiness.com.au

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Features

Business Snapshot

  • Price: $79,000
  • Net Profit: $4,500
  • Lease Options: 5+5 (commenced 9/09/2019

Business Links / Tools

Last updated: 23rd March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Balwyn
State
 Victoria
Price
$79,000
Category
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

Contact

Kristy Kolaitis