Restaurant - Thai Cuisine - Takeaway

Business Code: SFG1009


Key Features: Profitable

State: NSW

Suburb: Newtown, 2042

Location: Situated in popular eating district of Sydney in a super trendy area with extraordinary foot traffic in the City Fringe.

Description

Restaurant serving classic, exotic and inventive Thai cuisine. - Open for lunch and dinner and providing takeaway and home delivery. - High quality shop fit creates the right atmosphere and features open galley kitchen with exhaust, burners, gas works, char-grill , fryer. BYO, separate storage area and cool-room. - Deliveroo home delivery service. - 64 seats inside and 8 outside.

Summary

  • Features: Superb location - High foot traffic - Attractive fitout - Profitable - Excellent clientele.

  • Potential: Increase social media advertising and consider contracting to Menulog.

  • Premises: Classic retro modern street style asian design with excellent street exposure comprising two levels totalling 120 sq. mts.

  • Trading Hours: 7 days - Mon. - Sun. - 12 noon - 10 p.m.

  • Lease: Current lease expires June, 2020 + 5 year option - C.P.I. increases p.a. - 4 month bank guarantee.

  • Employees: 2 owners + 6 casuals

  • Comments: Misc.- 1 - Deliveroo charges. - Misc.- 2 - sundry expenses. - Fantastic opportunity to purchase well regarded and well established Thai restaurant in a brilliant location. - Note that business name does not form part of sale.

Weekly Summary

Weekly Takings
(inc GST)

$21,000

Cost of Goods

$5,950

Gross Profit

$15,050

Rent

$3,300

Wages

$4,000

Outgoings

$100

Telephone

$25

Insurance

$60

Electricity

$250

Gas

$250

Misc1

$1,000

Misc2

$100

Total Expenses

$9,085

Estimated Stock (Additional)

$5,000

Net Profit

$5,965

Price

$270,000

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