Visit this listing at https://www.sbx.com.au/business?id=SFA1023

Business Code: SFA1023

Key Features: Thai restaurant - Takeaway - 5 days - Low rent -Prior to COVID sales $13K pw

State: NSW

Suburb: North Sydney, 2060

Location: Well located near major commercial businesses and train station on the Lower North Shore

Description

Restaurant and takeaway serving authentic Thai cuisine available from the hot food bar or cooked to order fast and fresh including, noodles, stir fries, seafood, curries, street food and cold drinks. - Full compact kitchen - POS system - 30 seats inside - 10 seats outside

Summary

  • Features: Short hours - 5 days - No direct competition - Under management - Office block close by accommodating 5000 office workers
  • Potential: Increase trading hours - Apply for liquor license - Introduce Uber Eats & delivery services - Utilise social media platforms - Increase outside catering - Create breakfast menu
  • Premises: This restaurant has an area of 80 sq. mts. including open dining area.
  • Trading Hours: 5 days - Mon. - Fri. - 10 a.m. - 2 p.m.
  • Lease: Current lease expires September, 2020 +3 year option available- Annual 4% increases - 3 Month Bond
  • Employees: 1 Manager + 1 Chef
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$5,000

Cost of Goods

$1,200

Gross Profit

$3,800

Rent

$1,182

Wages

$600

Telephone

$15

Insurance

$86

Electricity

$100

Gas

$100

Total Expenses

$2,083

Estimated Stock (Additional)

$2,000

Net Profit

$1,717

Price

$95,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Restaurant - Thai Cuisine

Business Code: SFA1023
Price: $95,000

Key Features: Thai restaurant - Takeaway - 5 days - Low rent -Prior to COVID sales $13K pw

State: NSW

Suburb: North Sydney, 2060

Location: Well located near major commercial businesses and train station on the Lower North Shore

Description

Restaurant and takeaway serving authentic Thai cuisine available from the hot food bar or cooked to order fast and fresh including, noodles, stir fries, seafood, curries, street food and cold drinks. - Full compact kitchen - POS system - 30 seats inside - 10 seats outside

Summary

  • Features: Short hours - 5 days - No direct competition - Under management - Office block close by accommodating 5000 office workers
  • Potential: Increase trading hours - Apply for liquor license - Introduce Uber Eats & delivery services - Utilise social media platforms - Increase outside catering - Create breakfast menu
  • Premises: This restaurant has an area of 80 sq. mts. including open dining area.
  • Trading Hours: 5 days - Mon. - Fri. - 10 a.m. - 2 p.m.
  • Lease: Current lease expires September, 2020 +3 year option available- Annual 4% increases - 3 Month Bond
  • Employees: 1 Manager + 1 Chef
  • Sale Reason: Other business interests
  • Comments: Prior to COVID the business turn over was $13,000 p.w. - Huge potential for a hands on owner operator or couple to reduce wages, increase sales and profit. Managers wage of $1000 pw has been removed and shown in net profit as for a owner operator

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)

$5,000

Cost of Goods

$1,200

Gross Profit

$3,800

Rent (ex GST)

$1,182

Wages

$600

Telephone

$15

Insurance

$86

Electricity

$100

Gas

$100

Total Expenses

$2,083

Estimated Stock (Additional)

$2,000

Net Profit

$1,717

Price

$95,000

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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.