Summary
Busy and profitable Thai restaurant on the Sunshine Coast Qld. Main road exposure. Off street parking. Fully licenced. Indoor/outdoor dining (45+ seats) Loved by locals. No competition.
Location Details
Ground floor location (with wheelchair access) in a small businees/residential complex near the Sunshine Coast airport & minutes from the beach. Main road exposure with ample off street parking and seperate toilet facilities. Well maintained complex
Potential
The Mudjimba area is entering a growth phase with about 88 new homes and a new Woolworths Supermarket development underway nearby. It has several over 50’s lifestyle communities in close proximity (that support our business) a Shopping Centre, Hotel and is close to Mudjimba Beach, Marcoola Beach and Maroochy River. Extended trading hours would also add the potential to increase revenue
About the Business
Busy and profitable licensed restaurant
High profile site, established and set up in October 2022
Liquor Licence and Food Licence paid till Aug/Sept 2027
Ample off street parking (at rear)
Hundreds of genuine 5 star Google reviews
Growth potential with up-coming housing estate underway and/or extended trading hours
600K+ turnover per year, 6 nights per week, trading between 5pm & 8.30pm only (plus prep time)
Long lease with 3 x 3 year lease agreement. Annual rent, including outgoings is 55K (+ 3% annually)
Fully equiped commercial kitchen, dining room & bar, walk in and start trading the next day!
Run with 5 long term casual staff (service time only) and owners
45 seat dining room (including outdoor area) with approximately 50/50% take-away/dine-in mix
Websites with online ordering systems in place (Next Order, UberEats, Yumbo Jumbo, OzFoodhunter)
Online bookings also in place from websites
Most trade is from loyal local repeat business and not heavily reliant on the tourist trade (but school holidays are busier) meaning week on week sales are very steady.
2 people on the floor and 3-4 in the kitchen each night is how we currently operate.
Recipes provided and training available if needed for a smooth transition of ownership.
Equipment and fit-out includes fridges, freezers and a walk-in cool room. 6 burner gas stove top with oven and a double wok burner. Double bench-top fryer and rice cookers. A pass-through dishwasher and stainless steel wash up area. Stainless steel benches with large sinks and an ice making machine. The dining room is air-conditioned and nothing more is needed to continue trading as is. POS system in place with cash drawer and docket printers to kitchen and bar, and much more.
All equipment is commercial grade, well maintained and in good working order.
Note: Price does not include a required bond from the landlord (equal to 3 months rent)
Please contact us via email if you are genuinely interested in this business. Financial information upon request and only upon signing a non disclosure agreement beforehand
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