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Clucking Good Korean! Asking $249,000 (15748)

$249,000

Fitzroy, Victoria

Clucking Good Korean! Asking $249,000 (15748)

What a marvellous opportunity to own one of Melbourne's most iconic Korean cuisine restaurants, located in the heart of busy Fitzroy.
Based on a 90sqm premise, this superb business has a bonus 3-bedroom residence, in very good condition with a separate entrance.
Well known for its tasty food and drinks, this business showcases a clean fit-out, a large space for storage, seating for up to 40 customers and a 12:00 am liquor licence - THIS IS AN OWNERS DREAM!
Positioned on a bustling street, surrounded by other busy bars, nightclubs, pubs, restaurants and specialty retail shops, this fantastic business sees very heavy foot traffic day and night.
This established business is run semi under management and is perfectly suited for an owner operator who is looking to take it to the next level!

Features of this Clucking Good Korean Restaurant include:
*Taking approx. $17,000 p/w
*Iconic restaurant
*Iconic location
*Clean fit-out
*Large storage space
*Seat 32 customers inside and 8 outside
*12:00 am liquor licence
*Heavy foot traffic location
*Semi under management
*3-bedroom residence
*Simple operation
*Long lease
*Great potential

Location: Fitzroy Melbourne Victoria
Category: Asian Restaurant Asian Business Restaurant Take-away

For more information contact Simon Mostafa from LINK, formerly Klemms on the below:
Phone: 0409 777 888
Email: simon.mostafa@linkbusiness.com.au

Features

Business Snapshot

  • Price: $249,000
  • Net Profit: $2,700
  • Lease Options: Lease: 5+5 / Lease Commencement: 01/08/2016 / Security Deposit: 3 months ($25K)

Business Links / Tools

Last updated: 17th February 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Fitzroy
State
 Victoria
Price
$249,000
Category
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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