Internal Ref: M2241
Summary
SBX Code: M2241 - Long established Thai restaurant. Only trading 6 dinners. Potential to open lunch and open 7 days. Low rent without rent increasing for 6.5 years. A good buy opportunity.
Rent
$1,247 pw
Net Profit
$3,045 pw
Location Details
Prime location in North West shopping village.
Potential
Could trade lunch and open 7 days to boost shop sales.- Could change to Chinese / Korean / Vietnamese / Indian etc Asian cuisine if desired.
Hours
6 dinners - Tuesday to Sunday 5 pm to 10 pm. Monday closed.
Lease
9 years lease commenced 15th May 2022 without rent increasing till 15th May 2027. From 15th May 2027
Employees
One owner + 1 chef + 2 kitchen hands+ 2 table severs and 1 home delivery man.
About the Business
Restaurant- Thai - Asian Cuisine - Takeaway - North West Sydney
SBX Code: M2241
Restaurant serving Thai cuisine including a selection of salads & grills, curries, stir fried, noodles, rice and side dishes etc. Full kitchen with cool room. 40 seats inside and 50 seats outside. Trading 6 nights between 5 pm & 10 pm. The takings include home orders through internet platforms by using shops own delivery.
Features
Long established with regular customers. Low rent with long lease. Short trading hours. Great growth potential. Well priced to sell.
Premises
Well presented shop with an area approx. 90 m2 plus large outside seating area.
Comments
The rent includes GST and all outgoings. Misc.- 1-refers to rubbish bill and other general business expenses. The vendor has owned the business for 2 months and has to sell for family issues. A good buy opportunity.
SBX Code: M2241
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