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Restaurant
ST LEONARDS, NSW
$400,000
Executive SummaryAn exceptional opportunity is available to acquire an established Korean restaurant and Korean BBQ venue operating from a prominent hospitality location in the heart of the St Leonards.The premises are configured for Korean cuisine and tabletop BBQ/grill cooking, supported by an existing restaurant fit-out and operational infrastructure. The supplied lease permits restaurant use and includes special conditions relating specifically to Korean restaurant operations.This opportunity may suit an experienced hospitality operator, restaurant group or purchaser seeking an established St Leonards venue with the potential to further develop its dining, takeaway, delivery and event-based revenue streams.Key Investment Highlights*Prime St Leonards Position: Located within one of Sydneys principal commercial, residential and hospitality precincts, surrounded by offices, retail destinations, accommodation and established dining venues.*Established Korean BBQ Concept: Currently operating as a Korean restaurant with a focus on traditional Korean cuisine and tabletop BBQ/grill dining.*Purpose-Configured Restaurant Premises: The premises are configured for restaurant operations, including Korean cuisine preparation and BBQ/grill cooking at dining tables.Key Financials* Revenue: Approx. TBA per week* Approximate Weekly Rent: TBA, calculated from the annual rent stated in the lease.* Full Financial Information: Available to qualified purchasers upon vendor approval and execution of a Confidentiality Agreement.Lease Details*Current Lease Term: To be provided*Annual Rent: TBA*Bond / Bank Guarantee: TBAPermitted Use: RestaurantOperating HoursEveryday: 11:30am10:00pmPotential*Strengthen Lunch Trade: Introduce targeted weekday lunch menus, express meal options and corporate lunch packages designed for surrounding office workers.*Expand Online Ordering and Delivery: Review delivery platform coverage, direct online ordering and local-area promotions to increase takeaway and delivery sales.*Corporate Catering: Develop catering packages for nearby offices, business meetings, staff functions and private corporate events.*Private Dining and Group Bookings: Introduce structured banquet menus and booking packages for birthdays, corporate functions, tour groups and larger social gatherings.*Menu Engineering: Review menu pricing, portion structure, high-margin dishes, set menus, beverages and add-on items to improve average customer spend.*Late-Night Dining: Assess the commercial viability of strengthening the venues evening and late-night offering, subject to approved trading hours, licensing and staffing requirements.*Digital Marketing: Improve social media content, local search visibility, customer database marketing and targeted promotions to build awareness and repeat visitation.*Customer Loyalty Program: Introduce membership rewards, return-customer offers and occasion-based promotions to encourage repeat business.*Venue Refresh: Consider selected cosmetic improvements to signage, lighting, furniture, table presentation and customer waiting areas to modernise the venue without changing its established Korean BBQ identity.Express Your InterestEstablished Korean BBQ restaurant opportunities in the St Leonards are limited.Qualified purchasers are invited to contact the exclusive selling agent to request the Information Memorandum, discuss the opportunity confidentially or arrange a private inspection.Disclaimer:All information provided is based on vendor details and is subject to independent verification by interested parties. Prospective purchasers must make their own enquiries and obtain independent legal, financial, accounting, licensing and business advice.