Restaurant - Thai Cuisine

Business Code: W1591


Key Features: Well established

State: NSW

Location: Situated in a small complex with other restaurants in Inner West Sydney

Description

Restaurant serving Thai cuisine and a traditional home style menu such as Lyara special dishes (10 varieties), canapes , stir fries, soup, grill bar, curries, noodles, salad & desserts etc.- Commercial open kitchen with 3 woks and 6 stoves.- Large storage room with walk in cool-room and freezer.- 30% takeaway by Menu log system - 70 % dine in - 80 seats inside - 14 seats outside.

Summary

  • Features: Elegant shop fitout with wooden furniture. - Long history - Good reputation.

  • Potential: Experienced Thai cuisine chef or couple could save on wages, - Current owner is not Thai. - Could open for lunch 7 days - Promote catering and deliveries. - 5000 units are under construction nearby.

  • Premises: This business has an area of 514 sq.mts. with a similar size of storage downstairs

  • Trading Hours: 7 days - 5:00 p.m. - 10:00 p.m. (Dinner) - Sat. & Sun. lunch 12 noon - 3.00 p.m.

  • Lease: Current lease expires June, 2021 + 5 yrs option. - Rent increases 4% per year - 3 months bond

  • Employees: Fully under management - 4 kitchen staff + 4 serving + 2 delivery staff.

  • Comments: Stable and regular customers. - Available for party functions for local community, also suitable for Chinese or Yum Cha retaurant. - Finalist Thai restaurant in Menulog. - Motivated vendor - A must inspection. - Staff are not aware of sale - All inspections to be through broker.

Weekly Summary

Weekly Takings
(inc GST)

$14,000

Cost of Goods

$4,000

Gross Profit

$10,000

Rent

$2,420

Wages

$3,000

Electricity

$292

Gas

$153

Misc1

$635

Total Expenses

$6,500

Estimated Stock (Additional)

$7,000

Net Profit

$3,500

Price

$149,000

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