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Listing Id: 27823 Last Refreshed: 22/03/2023 Total Views: 75

Under Management Korean Restaurant And Bar Business For Sale

Melbourne City, Melbourne, Korea RestaurantsTake Aways
Asking Price: $180,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental $7,285 Rental Desposit N/A
  • Revenue $86,666 Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Investor Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
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Reason For Sale



Korean restaurant and bar business for sale located on a busy street in Carlton.  Run under management with full-time kitchen staff, so new owners do not need cooking experience.

This Korean restaurant serves up all the classic Korean dishes - fried chicken, hotpot, charcoal barbecued meats, stone pot, and massive dishes designed for sharing between two or more people.

Occupies a large 2-level premises with seating for 40 downstairs and 30 upstairs and a further 15 outside. 

This restaurant has a liquor licence and is well equipped with a huge commercial kitchen with gas stoves, 3 deep fryers, and a coolroom; a 1,200 litre grease trap, a full bar as well as an office upstairs with bathrooms, and staff bathroom. There is also a large dry storage area and an extraction system in the shop to allow for table cooking.  

Run under management with 1 full-time and 2 part time front of house staff (only 2 people are needed at a time) and 2 full-time staff in the kitchen. 

Currently has short trading hours - 5 days: Wed, Thurs, Sun 5pm - 10pm; Fri & Sat 5pm - 11pm. Giving you plenty of potential to extend trading hours and turnover.  

This business has it’s menu on Bopple app and is partnered with some delivery apps, however, has limited social media presence, so there is huge potential to promote this business on social media. 

Average turnover of approx. $20,000 per week with rent of  $7,285 per month including GST, for a large city premises.   Secure lease of 5x2x2x2 which commenced in February 2016. 

Well worth an inspection. 

For more information and to organise an inspection, contact Elle Likopoulos on 03 9566 7300

Ref: B14396

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