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Restaurant - Takeaway- Under Management - Thai - Inner West Near University - Nett $6,096 P.w.- Sales $32,500 P.w. For Sale

Newtown, New South Wales
Asking Price:
$348,000 (AUD)
Sales Revenue:
$1,690,000 (AUD)
Cash Flow:
$316,992 (AUD)

Restaurant and takeaway serving fast and fresh Thai cuisine including entrees, noodles, stir fries, seafood, curries, street food and cold drinks. - Very high quality design fit out and presentation. - Large fully equipped kitchen with cool room and a combi oven. -Fully licensed. - 70 seats inside

Potential
An owner operator could further increase sales and profit and reduce wages - Could add coffee - Add outdoor seating (STA) - Do more home delivery

Features
Fantastic and highly sought location. - High foot traffic. - Very well established for almost 20 years. - Long lease. - Loyal clientele. - Profitable

Premises
Well set up and funky decor, this restaurant has vibrant wall art features, wooden tables, a large kitchen, 2 toilets, store room and has an area of 160 m2

Location
Well positioned on a busy main road in a trendy suburb with high foot traffic close to University, retail shops, cafes and restaurants in the Inner West and minutes from the CBD

Trading Hours
7 days and nights - Mon - Sun - 11 am - 10.30 pm

Lease
Current lease expires March, 2023 + 5 year option - 4% increases - 3 month bond.

Employees
1 Manager + 1 full timer + 3 part timers + 4 -6 casuals

Comments

Property Information

Location:

Well positioned on a busy main road in a trendy suburb with high foot traffic close to University, retail shops, cafes and restaurants in the Inner West and minutes from the CBD

Business Operation

Expansion Potential:

An owner operator could further increase sales and profit and reduce wages - Could add coffee - Add outdoor seating (STA) - Do more home delivery

Trading hours:

7 days and nights - Mon - Sun - 11 am - 10.30 pm

Employees:
1 Manager + 1 full timer + 3 part timers + 4 -6 casuals
Years established:
2000

Contact Information

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