Korean Restaurant in Kent For Sale

Situated in a parade, busy road, residential & commercial area, KENT

Turnover £ 3,000
Price £88,000

Features

Korean Bbq & Hot Pot Restaurant

6 DAYS OPENING
4 STAR HYGIENE RATING

DOUBLE FRONTED RESTAURANT PREMISES in the region of 1,225 ft² WITH BIFOLD DOORS, marble tiled floor, spot lights & hanging lights, Air conditioning with hot air. Bar, EPOS till, under counter glass fronted drinks display fridges, CCTV system (8 cameras, 1 monitor).

Tables and chairs providing seating for 40 People.

Kitchen with stainless steel extractor unit, Cooker (Gas 8-burner), deep fryer (2 pan), griddle, charcoal grill, salamander grill, Oven, 4 x fridge, 4x freezer, dishwasher, double sink and drainer, preparation table.

Walkin coldroom.

Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 65% approx. (no Portals)

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

6 Day week
MONDAY - WEDNESDAY & FRIDAY 5pm - 10pm
SATURDAY & SUNDAY 12 noon - 4pm then 5pm - 10pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2020 with reviews every 4 years (next review 2028) at a current rent of £26,000 p.a.

Business Rates from April 2026 £6,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £88,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote