Visit this listing at https://www.sbx.com.au/business?id=SF1597

Business Code: SF1597

Key Features: Restaurant - Takeaway - Sydney CBD - Thai Cuisine - Netting $6040 p.w.

State: NSW

Suburb: Sydney, 2000

Location: Opposite busy theatre venue, close to commercial, hotels, retail and residential areas and below a 240 room apartment block in the heart of the Sydney CBD

Description

Restaurant, functions and takeaway serving fast, tasty and fresh Thai cuisine including entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads and cold drinks - Quality design fit out and presentation. - Large fully equipped kitchen with cool room - Fully licensed - Set menus and home delivery - 96 seats inside over 2 levels and 8 seats outside -Sales shown are an 2019 weekly average and sales increase when the theatre is open.

Summary

  • Features: Fantastic and highly sought location in Sydney CBD - High foot traffic. - Very well established for almost 11 years - Loyal clientele and popular with locals - Large function area upstairs - No outdoor seating fees.
  • Potential: Promote and expand catering could further increase sales and profit - Increase social media presence - Could promote coffee - Do more home delivery - Promote functions and pre- theatre dinner
  • Premises: Well set up spacious 2 level modern restaurant with full glass surround, vibrant wall art features, timber tables and chairs, 3 toilets, store room and an area of 213 m2
  • Trading Hours: 7 days and nights - Mon. - Sun. - 11 a.m. - 11 p.m.
  • Lease: Current lease expires June, 2025 - CPI Increases - 6 month bond.
  • Employees: One owner + 3 full timers (2 cooks, 1 front of house) + 4 / 6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$27,600

Cost of Goods

$8,000

Gross Profit

$19,600

Rent

$5,600

Wages

$6,500

Outgoings

$500

Telephone

$30

Insurance

$80

Electricity

$300

Gas

$250

Misc1

$300

Total Expenses

$13,560

Estimated Stock (Additional)

$12,000

Net Profit

$6,040

Price

$450,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Thai Cuisine - Delivery

Business Code: SF1597
Price: $450,000

Key Features: Restaurant - Takeaway - Sydney CBD - Thai Cuisine - Netting $6040 p.w.

State: NSW

Suburb: Sydney, 2000

Location: Opposite busy theatre venue, close to commercial, hotels, retail and residential areas and below a 240 room apartment block in the heart of the Sydney CBD

Description

Restaurant, functions and takeaway serving fast, tasty and fresh Thai cuisine including entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads and cold drinks - Quality design fit out and presentation. - Large fully equipped kitchen with cool room - Fully licensed - Set menus and home delivery - 96 seats inside over 2 levels and 8 seats outside -Sales shown are an 2019 weekly average and sales increase when the theatre is open.

Summary

  • Features: Fantastic and highly sought location in Sydney CBD - High foot traffic. - Very well established for almost 11 years - Loyal clientele and popular with locals - Large function area upstairs - No outdoor seating fees.
  • Potential: Promote and expand catering could further increase sales and profit - Increase social media presence - Could promote coffee - Do more home delivery - Promote functions and pre- theatre dinner
  • Premises: Well set up spacious 2 level modern restaurant with full glass surround, vibrant wall art features, timber tables and chairs, 3 toilets, store room and an area of 213 m2
  • Trading Hours: 7 days and nights - Mon. - Sun. - 11 a.m. - 11 p.m.
  • Lease: Current lease expires June, 2025 - CPI Increases - 6 month bond.
  • Employees: One owner + 3 full timers (2 cooks, 1 front of house) + 4 / 6 casuals
  • Sale Reason: Has too many other businesses to run in the suburbs
  • Comments: Misc.- 1 - other general expenses and GST. This is a fantastic opportunity to purchase one of the most well known Thai restaurants and takeaways in the CBD, close to the theatre, many hotels and the tram station. - Popular with tourists and locals and with a Bar on two levels and large function area. - Sales shown are an 2019 weekly average and sales increase when the theatre is open. -
    Hotel staff in nearby area get 10% discount bringing in many customers. - Well set up and spacious two level restaurant with full glass surround and street views - A must to inspect but please be very discreet and call your broker for more details.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$27,600

Cost of Goods

$8,000

Gross Profit

$19,600

Rent (ex GST)

$5,600

Wages

$6,500

Outgoings

$500

Telephone

$30

Insurance

$80

Electricity

$300

Gas

$250

Misc1

$300

Total Expenses

$13,560

Estimated Stock (Additional)

$12,000

Net Profit

$6,040

Price

$450,000

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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.