Profitable Korean BBQ Restaurant in Prime Wollongong Location

Price

$189,000

Profit *

$153,000

Sales Revenue

$464,000

Location

Illawarra and South Coast, Wollongong & Illawarra

Category

Food/Hospitality, Restaurant

Listing #

NSW09759

Wollongong & Illawarra Restaurant Business for Sale
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Wollongong & Illawarra Restaurant Business for Sale
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About this business for sale in Illawarra and South Coast, Wollongong & Illawarra

Unlock a golden opportunity with this highly successful, fully managed Korean BBQ & Chicken restaurant in Wollongong—renowned for mouthwatering cuisine and stellar returns!

Business Highlights

  • Prime, high-traffic position in Wollongong’s top dining zone—excellent visibility and access
  • Proven profitability: Over 5 years’ strong trading, consistent growth, and loyal repeat clientele
  • Low overheads: Secure lease with exceptionally low rent of just $1,450 per week
  • Turnkey operation: Experienced management and team in place, minimal owner input required
  • Raving online reviews: 4.5+ stars on Google & Facebook; strong brand reputation
  • Expansion potential: Tap into new markets through digital marketing and delivery platforms

Why Invest in this Korean BBQ & Chicken Restaurant?

This established restaurant stands out among Wollongong’s eateries for its top-quality Korean BBQ and crispy chicken—always served fresh, fast, and with a smile. Operating for more than 5 years, iLLNARA enjoys robust foot traffic and high online visibility thanks to glowing reviews. Benefit from a streamlined operation, with well-trained staff managing daily affairs efficiently.

The venue’s unbeatable lease terms and prime location ensure healthy margins and potential for increased turnover. With growing demand for authentic Korean dining and BBQ experiences in the region, smart marketing and menu innovation could further boost profit and value. Unlock delivery, catering, or events for new revenue streams and maximize this restaurant’s already stellar performance.
Ready to take the next step? Own a proven, highly-rated Korean restaurant with low risk and high upside—don’t miss out!

Listing ID: NSW09759

Broker: Charles Gallen
Mobile:0411 185 606
Phone: 02 9899 1999
Email:[email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Ref: NSW09759

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.

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