Summary
Turnover FY25: $842k (ex GST) | Prime CBD Food Court | All-Day Traffic + Strong Lunch Biz | Fully Equipped Operation | Experienced Team | 95% Under Manager-Run + Sponsorhip Approved | 8 Years Lease
Revenue
$842,315 pa
Rent
$100,169 pa
Expenses
$767,265 pa
Net Profit
$75,049 pa
Location Details
515 Wellington Street, Raine Square Food Court
Inside Raine Square Food Court — COLES CBD — Along train station, guaranteeing all-day traffic all week long. Next to RAC Arena, Bank West Tower, Opposite Yagan Square and the NEW ECU University, driving foot traffic growth for years to come.
Potential
Great opportunity for owner operator or as second location for Asian Food Operator.
Excellent growth potential for hands-on owner-operator. FY25: $842k turnover | Full SDE ~150k | Profit ~$75k with business under manager-run by an experienced team.
Currently runs 95% on its own but will benefit significantly from hands on operator providing consistency, menu optimisation, digital marketing and expanding on all-day CBD foot traffic. $350k replacement value on fit-out & equipement, provides strong asset backing. Visa sponsorship APPROVED!!
Skills
Hospitality management, team leadership and customer service skills recommended. Thai / Asian cuisine experience required (mall needs to approve) — fully trained and experienced kitchen/team already in place. Ideally you bring further experience & passion to the shop. Basic financial and inventory management skills required. Ability to maintain quality standards and drive growth in a high-traffic CBD food-court environment is essential. Ideal for motivated owner-operator or semi-absentee operator for expansion into second location etc.
Hours
Monday to Friday operation (approx. 9:00am – 6:00pm food-court hours). No weekends required but currently being done.
Lease
Secure long-term lease in prime Raine Square Food Court location. 7.5 Years left on lease.
Employees
Experienced team currently running the store with minimal owner input. Business is 95% manager-run. Fully trained staff in all roles. Visa sponsorship capability provides easy access to skilled workers for smooth handover and ongoing operations.
Reason for Sale
The vendors are successfully operating multiple hospitality venues and are streamlining their portfolio to focus on core assets. This is a genuine sale of a profitable, turnkey Thai takeaway with full handover support provided to ensure a smooth transition for the new owner.
About the Business
Prime CBD Thai Takeaway – $842k Turnover | ~$75k Profit + Normalised SDE for owner Operator ~ $150k | Turnkey & Semi-Absentee Opportunity or Owner Operator for Full Potential
Price negotiable, 249K + BOND $26,125 + SAV
Located in the heart of Raine Square Food Court at 515 Wellington Street, Perth CBD (directly under Coles, on the direct path to the train station). This established Thai restaurant/takeaway enjoys exceptional all-day foot traffic from office workers, commuters, RAC Arena events, Yagan Square, and the expanding ECU University campus — guaranteeing strong lunch business plus all-day and evening trade opportunities
Key Financials & Operations
FY25 Turnover: $842,314
Profit FY25: $75k | 95% manager-run with an experienced team already in place
Normalised SDE: approximately $150k + (full details provided under NDA)
Monday to Friday operation only (approx. 9am–5pm food-court hours) — genuine low-hour / semi-absentee lifestyle business possible.
Visa sponsorship eligible — major advantage for attracting and retaining quality staff
Assets & Setup
Fully equipped commercial kitchen and fit-out with approximately $350k replacement value
Established trading name and website included — instant brand recognition and online presence
All systems, processes, and supplier relationships in place for immediate handover
This is a genuine turnkey opportunity. The business is already running profitably with minimal owner involvement. A hands-on owner-operator can step in and unlock significant further growth through operational consistency, menu refinement, targeted digital marketing, and capitalising on the strong location tailwinds (ECU expansion + CBD resurgence).
Ideal for:
• Motivated owner-operator wanting a profitable CBD business with clear upside and PRIME location
• Semi-absentee investor or visa-eligible small operator looking for a cash-flowing asset with built-in team and systems
Full lease details, financials, and supporting documentation available under NDA to serious, qualified buyers. Serious enquiries only — this one will not last long in the current Perth hospitality market.
History
This Thai takeaway has been successfully trading for 2 years in the prime Raine Square Food Court location. All the hard work is done. It has built a strong reputation for consistent quality, reliable service, and smart portions within the busy CBD precinct. The business has weathered market cycles while maintaining solid turnover and profitability, thanks to its unbeatable location and loyal customer base from surrounding offices, transport hub, arena events, and the growing university population.
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