Visit this listing at https://www.sbx.com.au/business?id=SF1464

Business Code: SF1464

Key Features: Sydney Westfield CBD - Thai - Positioned in a premium food court location

State: NSW

Suburb: Sydney, 2000

Location: Prime foodcourt location in one of the best Westfield shopping centres in Sydney CBD surrounded by other retail, commercial offices and very well known food outlets.

Description

Takeaway - Restaurant currently serving fast and fresh Thai cuisine including entrees, noodles, stir fries, seafood, curries, street food and cold drinks. - Very high quality design fit out and presentation - Open style kitchen featuring large exhaust, char grill, 6 wok burners, deep fryer, and pasta/noodle cooker - 18 private bench seats and over 100 food court seating. - A full upgrade completed in 2019 with over $100K spent. Pre Covid Sales approx $35-$40Kp.w. - Current sales in 2022 approx $15K p.w and increasing - 30% rent relief between till June 2022 and the full rent is $8,203 p.w. - $2,460 = $5,743 p.w. ex gst is the current rent vendor is paying - Rent reductions may continue in 2022 by negotiation for a new buyer

Summary

  • Features: Fantastic and highly sought location - High foot traffic - Prime CBD food court location - A new ordering mobile App with specials throughout the week increases sales and brings in new customers. - Lots of tourists.- Well established
  • Potential: Great opportunity to get a top position in an up market food court in the CBD- Expand catering - An owner operator could further increase sales and profit and reduce wages - Potential for liquor license (STA). -Food delivery contractors are used and this is very popular.
  • Premises: Fantastic looking premises with good menu signage, storage and a private dining section with an area of 72 m2.
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 7 p.m. - Thurs. - 11 a.m. - 9 p.m.
  • Lease: Current lease expires April, 2025 - 5% Increases - 3 month bond.
  • Employees: 1 Manager + 3 full timers + 2-3 part timers+ 1-3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,000

Rent

$5,743

Outgoings

$180

Telephone

$32

Insurance

$70

Electricity

$300

Gas

$250

Estimated Stock (Additional)

$6,000

Price

$120,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Under Management - Restaurant - Takeaway- Thai

Business Code: SF1464
Price: $120,000
+ Estimated SAV $6,000

Key Features: Sydney Westfield CBD - Thai - Positioned in a premium food court location

State: NSW

Suburb: Sydney, 2000

Location: Prime foodcourt location in one of the best Westfield shopping centres in Sydney CBD surrounded by other retail, commercial offices and very well known food outlets.

Parking: Shopping centre parking.

Description

Takeaway - Restaurant currently serving fast and fresh Thai cuisine including entrees, noodles, stir fries, seafood, curries, street food and cold drinks. - Very high quality design fit out and presentation - Open style kitchen featuring large exhaust, char grill, 6 wok burners, deep fryer, and pasta/noodle cooker - 18 private bench seats and over 100 food court seating. - A full upgrade completed in 2019 with over $100K spent. Pre Covid Sales approx $35-$40Kp.w. - Current sales in 2022 approx $15K p.w and increasing - 30% rent relief between till June 2022 and the full rent is $8,203 p.w. - $2,460 = $5,743 p.w. ex gst is the current rent vendor is paying - Rent reductions may continue in 2022 by negotiation for a new buyer

Summary

  • Features: Fantastic and highly sought location - High foot traffic - Prime CBD food court location - A new ordering mobile App with specials throughout the week increases sales and brings in new customers. - Lots of tourists.- Well established
  • Potential: Great opportunity to get a top position in an up market food court in the CBD- Expand catering - An owner operator could further increase sales and profit and reduce wages - Potential for liquor license (STA). -Food delivery contractors are used and this is very popular.
  • Premises: Fantastic looking premises with good menu signage, storage and a private dining section with an area of 72 m2.
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 7 p.m. - Thurs. - 11 a.m. - 9 p.m.
  • Lease: Current lease expires April, 2025 - 5% Increases - 3 month bond.
  • Employees: 1 Manager + 3 full timers + 2-3 part timers+ 1-3 casuals
  • Sale Reason: Other business interests.
  • Comments: Misc.- 1 - Other general expenses and GST. -
    Currently run under management and Managers wage is $1200 p.w. - This is a fantastic opportunity to purchase one of the most well known takeaways & restaurants in the CBD's premium position with plenty of passing foot traffic both throughout the week, and on weekends
    This is not a Franchise and the business name is available by negotiation. - A full upgrade completed in 2019 with over $100K spent - Motivated vendor and priced to sell!!

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$15,000

Rent (ex GST)

$5,743

Outgoings

$180

Telephone

$32

Insurance

$70

Electricity

$300

Gas

$250

Estimated Stock (Additional)

$6,000

Price

$120,000
+ Estimated SAV $6,000

 Print

Enquire about this listing



The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.