Visit this listing at https://www.sbx.com.au/business?id=SFG1122

Business Code: SFG1122

Key Features: Restaurant - Thai - The Entrance Central Coast - Low rent - Strong net profit.

State: NSW

Suburb: The Entrance, 2261

Location: Great high foot traffic location in busy seaside location on the Central Coast.

Description

Restaurant - Takeaway - Ice Creamery. This local favourite with high net profitability benefits from a recent $150,000 upgrade producing an authentic south east Asian ambiance. Serving Thai stir fries and curries as well as a varied and unique chef suggestion range with an emphasis on seafood which is fitting for its location. The restaurant also includes a popular side business of an ice creamery which befits its location where passersby like to go for an afternoon or evening stroll and grab an ice cream. The leasehold also has an upstairs 2 bed room apartment with separate access included in the low rent, with a single car garage and storage. 40 seats inside, 20 seats outside.

Summary

  • Features: Good reputation. New shop fit. Low rent also includes a residence and garage. Profitable. Two businesses in one. Loyal clientele supplemented by holidaymakers.
  • Potential: Further enhance website and instagram presence. Introduce Thai retail lines for food, cutlery and kitchen items. Open for breakfast trade. Open 7 days.
  • Premises: Attractive recently upgraded shop fit featuring natural wood totalling 120 sq m.
  • Trading Hours: 6 days, Wednesday to Monday: 12 pm to 3 pm and 5 pm to 9 pm.
  • Lease: New lease available to approved applicant. Currently a two month bond applies.
  • Employees: 2 full-time owners and casuals
  • Sale Reason: Other business opportunity
  • Comments: Highly attractive opportunity to acquire a low rent profitable restaurant in a picturesque area near the water. Low rent and a residence are standout features. Recipes will be passed on and training availed to the new owners. Coffee machine is owned by supplier and would assist if business is expanded into breakfast trade.
    Misc.- 1- estimated GST - Misc. - 2 - Estimated sundry expenses and delivery commission.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$11,000

Cost of Goods

$2,400

Gross Profit

$8,600

Rent

$910

Wages

$1,500

Telephone

$23

Insurance

$45

Electricity

$300

Gas

$60

Misc1

$150

Misc2

$1,350

Total Expenses

$4,338

Estimated Stock (Additional)

$9,000

Equipment (Included)

$60,000

Net Profit

$4,262

Price

$195,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway -Thai Cuisine - Ice Cream

Business Code: SFG1122
Price: $195,000
+ Estimated Stock (SAV) $9,000

Key Features: Restaurant - Thai - The Entrance Central Coast - Low rent - Strong net profit.

State: NSW

Suburb: The Entrance, 2261

Location: Great high foot traffic location in busy seaside location on the Central Coast.

Description

Restaurant - Takeaway - Ice Creamery. This local favourite with high net profitability benefits from a recent $150,000 upgrade producing an authentic south east Asian ambiance. Serving Thai stir fries and curries as well as a varied and unique chef suggestion range with an emphasis on seafood which is fitting for its location. The restaurant also includes a popular side business of an ice creamery which befits its location where passersby like to go for an afternoon or evening stroll and grab an ice cream. The leasehold also has an upstairs 2 bed room apartment with separate access included in the low rent, with a single car garage and storage. 40 seats inside, 20 seats outside.

Summary

  • Features: Good reputation. New shop fit. Low rent also includes a residence and garage. Profitable. Two businesses in one. Loyal clientele supplemented by holidaymakers.
  • Potential: Further enhance website and instagram presence. Introduce Thai retail lines for food, cutlery and kitchen items. Open for breakfast trade. Open 7 days.
  • Premises: Attractive recently upgraded shop fit featuring natural wood totalling 120 sq m.
  • Trading Hours: 6 days, Wednesday to Monday: 12 pm to 3 pm and 5 pm to 9 pm.
  • Lease: New lease available to approved applicant. Currently a two month bond applies.
  • Employees: 2 full-time owners and casuals
  • Sale Reason: Other business opportunity
  • Comments: Highly attractive opportunity to acquire a low rent profitable restaurant in a picturesque area near the water. Low rent and a residence are standout features. Recipes will be passed on and training availed to the new owners. Coffee machine is owned by supplier and would assist if business is expanded into breakfast trade.
    Misc.- 1- estimated GST - Misc. - 2 - Estimated sundry expenses and delivery commission.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$11,000

Cost of Goods

$2,400

Gross Profit

$8,600

Rent (ex GST)

$910

Wages

$1,500

Telephone

$23

Insurance

$45

Electricity

$300

Gas

$60

Misc1

$150

Misc2

$1,350

Total Expenses

$4,338

Estimated Stock (Additional)

$9,000

Equipment (Included)

$60,000

Net Profit

$4,262

Price

$195,000
+ Estimated Stock (SAV) $9,000

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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.