Listing status: Inactive

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Takeaway - Thai - Food Court - Under Management - Thai Cuisine - Delivery - Thai cuisine - Foodcourt Takeaway - Sydney CBD. - SF1465

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Takeaway - Thai - Food Court - Under Management - Thai Cuisine - Delivery - Sydney CBD - Agent SBX Code Number: SF1465

Takeaway currently serving fast and fresh Thai either from the hot food bar (20 dishes) , a la carte or freshly cooked to order - Meals include entrees, noodles, rice dishes, stir fries, curries, street food and cold drinks.- Open style full kitchen featuring a large exhaust, char grill, 3 jet wok burners, 6 burner oven and pasta / noodle cooker - Plenty of food court seating - 30% rent relief between April 2021 and June 2022 is shown and full rent is $4679 p.w. -$1403 = $3276 pw ex gst - Rent reductions may continue in 2022 by negotiation

Potential
This business could expand catering - Great opportunity to get into a top position in a popular and busy food court in the CBD - Open earlier to take advantage of the morning trade.

Features
5 days - High foot traffic - A new ordering mobile App with specials throughout the week increases sales and brings in new customers. - Regular clientele - 30% rent relief shown between April and December 2021.

Premises
Modern and very stylish fit out with storage area and large open customer service area with plenty of food court seating and an area of 50 m2

Location
Prime food court location below a large office tower and retail complex of over 40 floors and opposite the train, tram and bus station in the heart of Sydney CBD near Wynyard.

Trading Hours
5 days - Mon. - Wed. - 11 a.m. - 7 p.m. -Thurs. - Fri . - 11 a.m. - 8 p.m.

Lease
Current lease expires May 2023 - 4% increases - 3 months Bond

Employees
1 Manager + 2-3 part timers + 1 casuals as required.

Comments
Misc.- 1 - Other general expenses and GST. - Misc 2 - Storage Cost - Currently run under management and Managers wage of $1200 p.w. has been removed from wages and shown in net profit as if for an owner operator - This is an opportunity to purchase one of the most well known takeaways / restaurants in theSydney CBD best locations. - Marketing fee is included in outgoings. Ongoing rent relief . - Major renovation Sep 2019 with $200K spent on upgrades - This is not a Franchise and the business name is available by negotiation. - A must to inspect but please be very discreet and call your broker for more details. Pre Covid Sales where $25K p.w. -

Figures
Weekly Sales $12500
Rent (ex GST) $3276
Wages $2800
Profit $2114


Agent SBX Code Number: SF1465 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$148,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2000

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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