16 days ago

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Milton Argirellis
 

Summary

Prime Concord Strip Thai Restaurant prime location,the only Asian restaurant on the strip nothing to spend low rent and long lease,nett $5000 pw with masive 70% takeway trade in the last 21 years

Revenue

$20,000 pw

Rent

$2,500 pw

Expenses

$11,000 pw

Net Profit

$5,000 pw

Location Details

the best location in the strip,with indoor and outdoor fresco sitting,business offers immediate cash flow and long and rare chance to acquire a dominant local insitution in Concord,well establish over 10 yearshas build an incredibly loyal following

Potential

you can increase the turnover by opening longer hours, as currently open at 12 till 9pm and operating with a simple high -profit Thai menu.currently operating under management and as a owner operator can double the turn over

Skills

no experience need as is under management, and as owner operator will double the takings

Hours

12-9pm, Expanding the lunch offering to capture local office/profesional trade

Lease

7 years, with residence upstairs bring back $700 per week

Employees

6 full time

Reason for Sale

The current owner is preparing for retirement leaving bexind a profitable,systematized business ready to be expand.

About the Business

Well establish as a Thai restaurant 70% is take way, and the rest is from sitting customers

History

21 years

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