Visit this listing at https://www.sbx.com.au/business?id=SF1670

Business Code: SF1670

Key Features: Sales $45,000 p.w. ex gst - Takeaway - Rest/Cafe - Eastern Suburbs - Sydney

State: NSW

Suburb: Eastern Suburbs, 2025

Location: Prime street front location on main road with good exposure, lots of residents nearby in a sought after address in the Eastern Suburbs of Sydney

Description

Restaurant - Delivery - Cafe - Under Management - Cafe by day and Currently serving Thai fast, tasty and fresh Thai cuisine - Very popular by day plus an all day/ night Thai Cuisine menu available - Approx 75% is Thai Takeaway and 25% dine in - Banquet menus and serving a la carte entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads, coffee, pastries and cold drinks - Approx 18 kg. of coffee p.w. - Full Kitchen - Fully licensed - Delivery with deliveroo, Menulog and Uber - 28 seats - Two managers wages have been removed and shown in net profit as for owner operators - Full financials available after a meeting - Sales $45,000 p.w. excluding gst. - Submit all offers

Summary

  • Features: TOP STREET LOCATION IN THE EASTERN SUBURBS OF SYDNEY - Very steady business with strong sales - Owner very motivated to sell - Full kitchen - Well established for almost 12 years - Under Management - Great social media reviews - Loyal clientele and very popular with locals. Village atmosphere, leafy outlook with lots of foot traffic - Owner operator or couple would save on wages, food costs and increase profit - Please contact your broker for name address and photos - Visit very discretely as a customer first as staff are not aware of the sale
  • Potential: Do more home delivery - Could increase sales with more local marketing - A motivate new owner or couple could reduce staff and increase profit
  • Premises: Large premises with street front cafe and juice bar, full kitchen and male and female toilets and an area of85 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 8 a.m. - 3 p.m. & 5 p.m. - 9 p.m.
  • Lease: Current lease expires Oct .2023 + 5 year option, 4% Increases, 3 month bond
  • Employees: 2 x managers (wages shown in profit), 5 x full time, 6 x part time & 4 x casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$45,000

Rent

$3,875

Wages

$13,563

Outgoings

$88

Telephone

$75

Insurance

$162

Electricity

$252

Gas

$215

Coffee Kilos P/W

18

Estimated Stock (Additional)

$5,000

Net Profit

$5,227

Price

$368,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Thai - Takeaway - Cafe - Restaurant - Under Management

Business Code: SF1670
Price: $368,000
+ Estimated SAV $5,000

Key Features: Sales $45,000 p.w. ex gst - Takeaway - Rest/Cafe - Eastern Suburbs - Sydney

State: NSW

Suburb: Eastern Suburbs, 2025

Location: Prime street front location on main road with good exposure, lots of residents nearby in a sought after address in the Eastern Suburbs of Sydney

Parking: Street parking .

Description

Restaurant - Delivery - Cafe - Under Management - Cafe by day and Currently serving Thai fast, tasty and fresh Thai cuisine - Very popular by day plus an all day/ night Thai Cuisine menu available - Approx 75% is Thai Takeaway and 25% dine in - Banquet menus and serving a la carte entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads, coffee, pastries and cold drinks - Approx 18 kg. of coffee p.w. - Full Kitchen - Fully licensed - Delivery with deliveroo, Menulog and Uber - 28 seats - Two managers wages have been removed and shown in net profit as for owner operators - Full financials available after a meeting - Sales $45,000 p.w. excluding gst. - Submit all offers

Summary

  • Features: TOP STREET LOCATION IN THE EASTERN SUBURBS OF SYDNEY - Very steady business with strong sales - Owner very motivated to sell - Full kitchen - Well established for almost 12 years - Under Management - Great social media reviews - Loyal clientele and very popular with locals. Village atmosphere, leafy outlook with lots of foot traffic - Owner operator or couple would save on wages, food costs and increase profit - Please contact your broker for name address and photos - Visit very discretely as a customer first as staff are not aware of the sale
  • Potential: Do more home delivery - Could increase sales with more local marketing - A motivate new owner or couple could reduce staff and increase profit
  • Premises: Large premises with street front cafe and juice bar, full kitchen and male and female toilets and an area of85 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 8 a.m. - 3 p.m. & 5 p.m. - 9 p.m.
  • Lease: Current lease expires Oct .2023 + 5 year option, 4% Increases, 3 month bond
  • Employees: 2 x managers (wages shown in profit), 5 x full time, 6 x part time & 4 x casual
  • Sale Reason: Other business interests and health issues
  • Comments: Misc.- 1 - All general expenses - This is a very popular and busy shop in the heart of a well known shopping strip and surrounded by residential and retail - Contact your broker for more information -
    2 Managers wages of $1200 each p.w. have been removed and shown in net profit as for 2 owner operators. Under full management and same original owner 12 years.
    2 group coffee machine is owned by the coffee company - High set up costs and upgraded in 2018 - very high take away sales - This is a fantastic opportunity to purchase one of the best Thai cafe, restaurants and takeaways in the Eastern Suburbs. Please visit very discretely and do not approach any staff as they are not aware of the sale

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 exclude GST

Weekly Takings

$45,000

Rent

$3,875

Wages

$13,563

Outgoings

$88

Telephone

$75

Insurance

$162

Electricity

$252

Gas

$215

Coffee Kilos P/W

18

Estimated Stock (Additional)

$5,000

Net Profit

$5,227

Price

$368,000
+ Estimated SAV $5,000

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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.