Case Study | Haysung Korean BBQ

Founded in 2016, Haysung Korean BBQ is a popular dine-in and takeaway restaurant located in the Melbourne suburbs of Springvale, Box Hill, and Glen Waverly.

The restaurant uses the freshest of ingredients, including locally sourced Angus beef, Australian Wagyu, pork, chicken, seafood, and seasonal produce.

Their menu includes not only BBQ dishes, but also entrees, bento boxes, rice meals, soups, and noodles.

Challenge

One of the major challenges Haysung Korean BBQ faced was the need to invest in new kitchen equipment to improve their cooking efficiency, meet growing demand, and maintain the high standards their customers have come to expect.

However, the upfront cost of purchasing this new equipment was substantial and threatened to put a strain on the restaurant's finances.

Solution

While exploring equipment finance options, Haysung Korean BBQ discovered SilverChef through the restaurant’s equipment supplier, Newhand Restaurant Equipment.

Haysung recognised SilverChef’s Rent–Try–Buy funding solution would enable them to acquire premium kitchen equipment without a large upfront investment.

After considering Haysung’s menu offerings, expected customer volume, and kitchen layout, Newhand recommended a selection of equipment to support the restaurant’s menu execution and operational efficiency.

Result

The new, SilverChef-financed kitchen equipment has enhanced Haysung Korean BBQ's ability to consistently deliver high-quality food, bolstering customer satisfaction and positive word-of-mouth.

The manageable weekly rental payments support Haysung’s cash flow, enabling them to allocate money to other critical aspects of the business, such as marketing and staff training.

With each rental payment, Haysung is building equity in the equipment, which they can buy from SilverChef at any time.

By leveraging Newhand Restaurant Equipment’s expertise and SilverChef’s flexible finance, Haysung have created a strong foundation for growth in a competitive market.