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Refer to Broker
Refer to Broker
This beautiful Asian restaurant is located in fast developing area in Albany which is surrounding by offices, retail shops, a lot of restaurants and very close to schools. The current owner is doing Korean cuisine. However, a great opportunity to change to a Cafe, other style restaurant or keep it Korean BBQ buffet.
– Rent is only $1,467 per week incl. GST, outgoings, water, rates, insurance and rubbish collections.
– Seats 60- 70 including a big courtyard,and potential to put more tables and chairs.
– Weekly sales are $12,000 and only open 5 and half days at the moment.
– This restaurant has plenty of parking which is becoming scarcer in the Albany area.
Asking price is $190,000.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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