Food/Hospitality - Established Korean Takeaway "FRYPAN PICK FLIP GO"

Suitable for Owner-Operator

The business is located at the Coventry Village (Morley, Western Australia) one of Perth's most well-known multicultural food destinations.

"Frypan Pick Flip Go" is a Korean street-food concept specialising in freshly made Korean pancakes and popular Korean comfort dishes. The menu includes savoury pancakes (bindae-tteok style), Korean fried chicken (dakgangjeong), tteokbokki, rice dishes such as bibimbap, soups and beverages.

The business enjoys a strong local reputation and location situated at Coventry Village which is one of Australia's Premier Shopping Centres in the heart of Morley. The centre is a focal point for both local and overseas tourists, a meeting place for families, friends and cultural experience for all.

Acquire the existing assets and customer base including its leased premises (subject to lease assignment approval by the Coventry Village) that offers a strong foundation of an established business rather than building a business from scratch to bypass the risks of a startup. Furthermore, new owner will have a complete autonomy to pivot, expand or refine the offerings to match their personal business goals and market strategies.

An entrance door facing the main entry area of the shopping centre will be installed by the current owner (approved by the Coventry Village) to provide double access to the existing corner location of the shop to further improve accessibility and exposure. In addition, an extra hot food display unit will be installed to improve presentation and increase hot food offering capacity.

Owner-Operator Small Business Model -

• Compact and efficient shop suitable for owner-operator model.
• The current setup includes owner/operator involvement, which effectively provides an income/salary.
• Additional labour cost mainly relates to extra weekend support staff.

Business Highlights -

• Business is currently being operated as a Korean takeaway, however future owner can add or adopt other takeaway food product lines to suit own vision.
• Korean pancakes, including savoury jeon and sweet hotteok are immensely popular globally and domestically due to its crispy texture, versatility, comfort-food status and budget-friendly snacks or main courses throughout the day!
• Korean pancakes or "jeon" are a beloved staple of Korean and worldwide cuisine known for its versatility and irresistible flavours. Jeon can be enjoyed as appetisers, snacks or main dishes making them a favourite across all occasions.
• Reviews highlight generous portions, friendly service and a 4.1 to 4.2's star rating for its authentic, flavourful and affordable menu.
• High foot traffic and strong local community presence.
• Affordable menu and generous portions attract repeat customers.

Shop and Business Details -

• Shop size premises 25 sqm.
• Current opening hours Monday to Sunday 11:00 am to 7:00 pm.
• Centre opens from 5:30 am and can trade until around 7:00 pm to 8:00 pm.
• Shop can open from 6:00 am onwards.
• Site security patrols throughout the day until 9:30 pm.
• Operating hours are flexible (to be decided by owner).
• Shop can operate 7 days a week, if required.
• Number of parking spaces approx. 750 available for customers of the building/centre.
• Regular clients and steady walk-ins plus Uber Eats and DoorDash.
• Growth potential through adding other light food and customised drinks, etc to its existing menu.

A rare opportunity to acquire a set up business with stable trade and future expansion prospects. Training and transition support period included, as required.

Ideal for an owner-operator, partnership or an established operator looking to expand into a proven location.

For further information contact Sheila Rejek on 0422 888 323 or [email protected]