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Licensed Restaurant & Bar - Takeaway - Thai Cuisine - Delivery - Restaurant - Takeaway - Sydney CBD - Thai Cuisine - Haymarket Close to theatre - SF1597

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


Key Strengths:


About the business

Licensed Restaurant & Bar - Takeaway - Thai Cuisine - Delivery - Sydney CBD - Agent SBX Code Number: SF1597

Restaurant, functions and takeaway - Currently serving fast, tasty and fresh Thai cuisine including entrees, noodles, curry puffs, chicken satay, stir fries, seafood, curries, soups, fish, salads and cold drinks - Quality design fit out and presentation. - Large fully equipped kitchen with cool room - Fully licensed - Set menus and home delivery - 96 seats inside over 2 levels and 8 seats outside -Sales shown are current and increasing and pre lockdown sales $27K Jan - Dec 2019 weekly average - From Oct 2021 Come from away is on at the theatre. Outgoings shown include water, rubbish removal and grease trap services.

Potential
Promote and expand catering could further increase sales and profit - Increase social media presence - Could promote coffee - Do more home delivery - Promote functions, utilise the bar more and offer pre- theatre dinner.

Features
Fantastic and highly sought location in Sydney CBD - High foot traffic. - Very well established for almost 11 years - Loyal clientele and popular with locals - Large function area upstairs - No outdoor seating fees - 1 parking spot included

Premises
Beautifully set up spacious 2 level modern restaurant with full glass surround, vibrant wall art features, timber tables and chairs, 3 toilets, store room and an area of 213 m2 and 1 parking spot

Location
Opposite busy theatre venue, close to commercial, hotels, retail and residential areas and below a 240 room apartment block in the heart of the Sydney CBD and Haymarket (See Photos)

Trading Hours
7 days and nights - Mon. - Sun. - 11 a.m. - 10 p.m.

Lease
Current lease expires June 2025 - CPI Increases - 6 month bond.

Employees
One owner + 2 full timers, 1 Part time + 1 casual as required

Comments
Misc.- 1 - other general expenses and GST. This is a fantastic opportunity to purchase one of the most well known Thai restaurants and takeaways in the CBD, close to the theatre, many hotels and the tram station.- Popular with tourists and locals and with a Bar on two levels and large function area. - Hotel staff in nearby area get 10% discount bringing in many customers. -This restaurant has a stunning upstairs room and is a spacious two level restaurant with full glass surround and street views - 1 Parking space is included on the lease - Please see all the photos provided with this listing. A must to inspect but please be very discreet and call your broker for more details. Price dropped.for a quick WIWO sale and not selling with any financials but on location and premises- Name is also included and sales are increasing since the theatre has re opened

Figures
Weekly Sales $19600
Rent (ex GST) $5800
Wages $4100
Profit $3140


Agent SBX Code Number: SF1597 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$120,000
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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