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Restaurant - Thai Cuisine - Inner west - (Code: W1591)

Well established

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Price: $149,000






Weekly Takings (inc GST) $16,000
Cost of Goods $5,000
Gross Profit $11,000
Rent $2,420
Wages $3,000
Outgoings $
Telephone $
Insurance $
Electricity $292
Gas $153
Misc 1 $635
Misc 2 $
Total Expenses $6,500
Net Profit $4,500
Coffee Kilos P/W 0.0

Estimated Stock

$7,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant serving Thai cuisine and a traditional home style menu such as Lyara special dishes (10 varieties), canapes , stir fries, soup, grill bar, curries, noodles, salad & desserts etc.- Commercial open kitchen with 3 woks and 6 stoves.- Large storage room with walk in cool-room and freezer.- 30% takeaway by Menu log system - 70 % dine in - 80 seats inside - 14 seats outside.

Potential
Experienced Thai cuisine chef or couple could save on wages, - Current owner is not Thai. - Could open for lunch 7 days - Promote catering and deliveries. - 5000 units are under construction nearby.

Features
Elegant shop fitout with wooden furniture. - Long history - Good reputation.

Premises
This business has an area of 514 sq.mts. with a similar size of storage downstairs

Location
Situated in a small complex with other restaurants in Inner West Sydney

Trading Hours
7 days - 5:00 p.m. - 10:00 p.m. (Dinner) - Sat. & Sun. lunch 12 noon - 3.00 p.m.

Lease
Current lease expires June, 2021 + 5 yrs option. - Rent increases 4% per year - 3 months bond

Employees
Fully under management - 4 kitchen staff + 4 serving + 2 delivery staff.

Comments
Stable and regular customers. - Available for party functions for local community, also suitable for Chinese or Yum Cha retaurant. - Finalist Thai restaurant in Menulog. - Motivated vendor - A must inspection. - Staff are not aware of sale - All inspections to be through broker.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXW1591

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