Visit this listing at https://www.sbx.com.au/business?id=SF1478

Business Code: SF1478

Key Features: Thai Cuisine - Sales $43,100 pw - Restaurant -- North Sydney - Profit $7086 pw

State: NSW

Suburb: North Sydney, 2060

Location: Situated across from the train station and bus stop and located in the foyer entrance to a busy shopping centre surrounded by offices, retail and schools in the Lower North Shore.

Description

Takeaway - casual dining (2 shops in 1) currently serving fast and fresh Thai cuisine including entrees, noodles, stir fries, seafood, curries, grab and go street food and cold drinks. - Very high quality shop design, fit out and presentation - Open style kitchen with exhaust, cool room, 6 burner cook top, gas woks, chargrill, fryer, combi oven, hot and cold food bar - Fully licensed - 80 seats inside and 20 seats at the entrance to the centre.

Summary

  • Features: Fantastic and highly sought after location with very high foot traffic - Good local clientele - Close to trains and buses - Good lease - Well known brand.
  • Potential: Expand catering - An owner operator could further increase sales and profit and reduce wages - Could add coffee (STA) and open for breakfast - Expand catering as a huge demand in the area - Increase social media presence
  • Premises: Fantastic new and modern looking premises with excellent exposure to the street and an area of 147.5 m2
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 10 p.m
  • Lease: Current lease expires Sept. 2024 - 5% C.P.I. increases - 4 month bond. - centre management is very good within the centre for promotions etc.
  • Employees: 1 Manager - 2 part timers - 8-10 casuals
  • Comments: Misc.- 1 - other general expenses and GST. - Currently run under management and Managers wage of $1200 p.w. has been removed from wages and shown in net profit as if for a owner operator. - This is a fantastic opportunity to purchase one of the most well known takeaways - casual dining in the Lower North Shore and in a location with brilliant customer flow. -

Weekly Summary

Weekly Takings (inc GST)

$43,100

Cost of Goods

$15,100

Gross Profit

$28,000

Rent

$2,523

Wages

$11,500

Outgoings

$1,846

Telephone

$50

Insurance

$65

Electricity

$550

Gas

$480

Misc1

$3,900

Total Expenses

$20,914

Estimated Stock (Additional)

$15,000

Net Profit

$7,086

Price

$448,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Under Management - Home Delivery - Restaurant - Takeaway

Business Code: SF1478
Price: $448,000

Key Features: Thai Cuisine - Sales $43,100 pw - Restaurant -- North Sydney - Profit $7086 pw

State: NSW

Suburb: North Sydney, 2060

Location: Situated across from the train station and bus stop and located in the foyer entrance to a busy shopping centre surrounded by offices, retail and schools in the Lower North Shore.

Description

Takeaway - casual dining (2 shops in 1) currently serving fast and fresh Thai cuisine including entrees, noodles, stir fries, seafood, curries, grab and go street food and cold drinks. - Very high quality shop design, fit out and presentation - Open style kitchen with exhaust, cool room, 6 burner cook top, gas woks, chargrill, fryer, combi oven, hot and cold food bar - Fully licensed - 80 seats inside and 20 seats at the entrance to the centre.

Summary

  • Features: Fantastic and highly sought after location with very high foot traffic - Good local clientele - Close to trains and buses - Good lease - Well known brand.
  • Potential: Expand catering - An owner operator could further increase sales and profit and reduce wages - Could add coffee (STA) and open for breakfast - Expand catering as a huge demand in the area - Increase social media presence
  • Premises: Fantastic new and modern looking premises with excellent exposure to the street and an area of 147.5 m2
  • Trading Hours: 7 days - Mon. - Sun. - 11 a.m. - 10 p.m
  • Lease: Current lease expires Sept. 2024 - 5% C.P.I. increases - 4 month bond. - centre management is very good within the centre for promotions etc.
  • Employees: 1 Manager - 2 part timers - 8-10 casuals
  • Comments: Misc.- 1 - other general expenses and GST. - Currently run under management and Managers wage of $1200 p.w. has been removed from wages and shown in net profit as if for a owner operator. - This is a fantastic opportunity to purchase one of the most well known takeaways - casual dining in the Lower North Shore and in a location with brilliant customer flow. -

Weekly Summary

Weekly Takings
(inc GST)

$43,100

Cost of Goods

$15,100

Gross Profit

$28,000

Rent (ex GST)

$2,523

Wages

$11,500

Outgoings

$1,846

Telephone

$50

Insurance

$65

Electricity

$550

Gas

$480

Misc1

$3,900

Total Expenses

$20,914

Estimated Stock (Additional)

$15,000

Net Profit

$7,086

Price

$448,000

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