Visit this listing at https://www.sbx.com.au/business?id=SV1112F

Business Code: SV1112F

Key Features: Thai Restaurant - Sydney CBD - Sales $65,000 p.w.

State: NSW

Location: Situated in a very busy tourist shopping centre in Sydney.

Description

Restaurant - takeaway serving Thai cuisine - Licenced - 400 seats. - New full commercial kitchen.

Summary

  • Features: Established for 19 years - Well known - Regular customers - Excellent fitout. - Prime location.
  • Potential: Busy tourist location close to commercial, retail and residential areas. - Could change to other cuisine.
  • Premises: This business has a large area of 600 sq. mts. Ducted air.
  • Trading Hours: 7 days - Fri. - Sat. - 11 a.m. - 11 p.m. - Sun. - Thurs. - 11 a.m. - 10 p.m.
  • Lease: Current lease expires July, 2024 - No option - 4% annual increases - 3 month bank guarantee.
  • Employees: 1 owner + 12 fulltimers + 18 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$65,000

Cost of Goods

$16,500

Gross Profit

$48,500

Rent

$10,850

Wages

$15,000

Outgoings

$3,000

Telephone

$75

Insurance

$250

Electricity

$500

Gas

$450

Misc1

$375

Total Expenses

$30,500

Estimated Stock (Additional)

$20,000

Net Profit

$18,000

Price

$2,800,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Thai Cuisine

Business Code: SV1112F
Price: $2,800,000

Key Features: Thai Restaurant - Sydney CBD - Sales $65,000 p.w.

State: NSW

Location: Situated in a very busy tourist shopping centre in Sydney.

Description

Restaurant - takeaway serving Thai cuisine - Licenced - 400 seats. - New full commercial kitchen.

Summary

  • Features: Established for 19 years - Well known - Regular customers - Excellent fitout. - Prime location.
  • Potential: Busy tourist location close to commercial, retail and residential areas. - Could change to other cuisine.
  • Premises: This business has a large area of 600 sq. mts. Ducted air.
  • Trading Hours: 7 days - Fri. - Sat. - 11 a.m. - 11 p.m. - Sun. - Thurs. - 11 a.m. - 10 p.m.
  • Lease: Current lease expires July, 2024 - No option - 4% annual increases - 3 month bank guarantee.
  • Employees: 1 owner + 12 fulltimers + 18 casuals.
  • Sale Reason: Retiring
  • Comments: The vendor spent approx. $1.5m to renovate the restaurant. - Vendor will consider offers.

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)

$65,000

Cost of Goods

$16,500

Gross Profit

$48,500

Rent (ex GST)

$10,850

Wages

$15,000

Outgoings

$3,000

Telephone

$75

Insurance

$250

Electricity

$500

Gas

$450

Misc1

$375

Total Expenses

$30,500

Estimated Stock (Additional)

$20,000

Net Profit

$18,000

Price

$2,800,000

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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.