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Restaurant for Sale in Hong Kong

Established Korean restaurant chain in Hong Kong with seven outlets and strong recurring customer demand.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 6 million
Run Rate Sales USD 6 million
EBITDA Margin 0 - 10 %
Industries Restaurants
Locations Hong Kong
Local Time 11:24 PM Asia / Hong Kong
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: USD 300,000)
Reason: The owner wishes to exit the business after many years of operation and is now seeking retirement.
Includes physical assets worth USD 300 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Menu
Business Overview
- We’re a well-established Korean casual dining restaurant chain in Hong Kong with approximately 15 years of operating history and a strong market presence.
- The company operates 7 company-owned outlets, with no franchised locations, ensuring consistency in operations, service standards, and customer experience.
- Outlets are strategically located across major commercial districts and transport hubs including Causeway Bay, Tsim Sha Tsui, Tseung Kwan O, Kowloon Bay (Amoy Plaza), Clear Water Bay (HKUST), Tsing Yi (Maritime Square 2), and Hong Kong MTR Station.
- Each restaurant has an average seating capacity of approximately 35 guests, offering an accessible and efficient casual dining format.
- The average order value ranges between HKD 60–80 (approximately USD 8–10) per customer transaction.
- The business generates approximately USD 500,000 in monthly sales, translating to annual revenue of around USD 6 million.
- Revenue is primarily generated through food and beverage sales from dine-in and takeaway operations, complemented by delivery services.
- Approximately 70% of sales come from dine-in and takeaway customers, while delivery contributes the remaining 30%, creating a diversified revenue mix.
- Each outlet employs approximately 8–10 permanent staff members, with additional service personnel hired on demand during peak operating periods.
- The business has built a loyal customer base through its established brand, consistent Korean cuisine offerings, and strategically located outlets.
- The company holds all necessary operating licenses and food permits required for restaurant operations in Hong Kong.
Products & Services Overview
- The restaurant's top-selling items include casual Korean cuisine such as grilled chicken and beef plates, bibimbap, soups, noodles, gimbap, Korean pancakes, snacks, party platters, and beverages.
- Catering to a broad customer base including office workers, students, commuters, tourists, and families across Hong Kong.
- Serving through dine-in, takeaway, and delivery channels.
Assets Overview
Tangible assets include full commercial kitchen equipment, refrigeration units, cooking ranges, exhaust and ventilation systems, dining furniture and fixtures, point-of-sale systems, and interior fit-outs across seven restaurant outlets, all owned by the business. A 6-ton refrigerated delivery truck is also fully owned and free of any liens.
Intangible assets include the brand, menus, recipes, customer base, and associated intellectual property and goodwill.
Facilities Overview
The business operates from seven fully fitted, leased restaurant units with dine-in seating and full commercial kitchen facilities across shopping malls and transport hubs in Hong Kong, including Causeway Bay, Tsim Sha Tsui, Tseung Kwan O, Kowloon Bay Amoy Plaza, Clear Water Bay (HKUST), Tsing Yi (Maritime Square 2) and Hong Kong MTR Station. The registered office and central facility are located at Ta Chuen Ping Street, Kwai Chung, New Territories. All premises are leased, with a combined monthly rental expense of approximately USD 60,000.
Capitalization Overview
The business has been funded through the sole owner's equity and has no outstanding loans or external debt.
Recent Activity
  • 1 day, 11 hours ago
    Independent Advisor, Delhi, Financial Consultant connected with the Business
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1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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