Summary
Great potential to grow, easy operation in prime location of Cronulla shopping street. Have done major renovations with brand new large freezer room less than 2 years.
Revenue
$13,500 pw
Rent
$3,067 pw
Expenses
$3,600 pw
Net Profit
$3,000 pw
Location Details
Shop 3, 102 Cronulla Street Cronulla NSW 2230
Super high foot traffic in busy shopping and eat street, prime location of Cronulla Beach.
Potential
This modern Thai restaurant has great opportunities to grow by opening for lunch on weekdays or even breakfast as well apart from dinner and promote to local customers. Also come with full liquor license and outdoor seating permits. Services including dine-in, takeaway, home delivery and online ordering systems.
Skills
Chef, Kitchenhand and RSA wait staff
Hours
Sun-Thu 17:00-21:00 and Fri-Sat 12:00-15:00,17:00-21:30
Lease
Lease expires in August 2027 with option 5 years.
Employees
To run as family business with few of part time workers.
Reason for Sale
Having a child at childcare and another restaurant to run quite far from this location. Making it difficult to manage both businesses and happy family at the same time.
About the Business
This well set up Thai restaurant run by experienced food business family and few part time staff for almost 2 years. Well setup kiitchen with separate cool room and freezer room. Indoor and outdoor seating in total 80 with fully liquor license. No outgoings or water bills. Common male and female toilets managed by strata.
History
We initially purchased this restaurant August 2022 and made a huge investment $280K with modern decorations, well Asian cooking kitchen, new fully service bar, brand new large freezer room and dry store.
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