Summary
Location in Chinatown. 482 chef sponsor ready. Well trained staff. Stable regular customers. Busy foot trafic surrounded by office building, Woolies, Coles and many Asian/ Chinese groceries.
Revenue
$7,000 pw
Rent
$1,000 pw
Expenses
$4,500 pw
Net Profit
$1,500 pw
Location Details
Chinatown Gold Coast nearby Broadwater Beach, the most iconic waterfront. Lost of office building, universities, Tafe, Asian supermarkets and groceries, woolies, Coles, Chinese bubble tea.
Potential
Selling cocktails and wine
Open on Sunday evening which is the busy trading evening
Music entertainment to attract customers
Skills
Management skills are critical
Cooking skills but not a must
Hours
15-20 hours a week
Lease
3 years left confirmed to extend 5 more years
Employees
1 full time
3-4 casuals
Reason for Sale
Commitment to children as one of them has mental health issue.
About the Business
5 years of trading by this August. The restaurant is go to place of customers for the signature Tom Yum Noodle Soup, bareamundi fish, Pad Basil, and Pad Thai. Food is cooked traditionally thus delivering an authentic Thai flavor. Staff has been trained following the recipe.
Loyal customers who come to restaurant every week in the last 5 years.
Many deals such as Happy Hour lunch and takeaway offers to give back to customers who are busy and approach new ones.
Many Asian customers due to the location in Chinatown and food associated.
History
5 years of trading by this August, established and stable income through the years.
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