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Restaurant business for sale in Randwick

  • Restaurant
  • Randwick NSW 2031
  • $249,000 (GST na)

FN1128 - Business For Sale - Restaurant Restaurant - Thai Cuisine - Randwick - $4,290 net p.w.

Restaurant - Thai Cuisine Under Management - Eastern Suburbs
SBX Business Code: FN1128
Restaurant - takeaway currently serving Thai cuisine including noodles, curries, seafood, drinks. - Set menus and home delivery. - Full open style kitchen with cool room, exhaust and grease trap. - Rear lane entry for deliveries. - 8 seats outside - 60 seats inside. - Under full management - 55% of sales from takeaway and 45% from dine in

Potential
Could apply for liquor licence. - Big opportunity for coffee and day trade. - Could open longer hours. - An owner operator would save on wages and make more profit. - Improve social media presence and do more advertising.

Features
Great location - Minutes from cinema, major hospital and University with lots of foot traffic. - Well presented premises.

Premises
This business has an area of 170 sq. mts. with full glass frontage, store room , staff room

Location
Situated in restaurant hub on busy road in Eastern Suburbs.

Trading Hours
7 nights - 5 p.m. - 10 p.m.

Lease
5 + 5 years lease commenced Sept.2011 - C.P.I. increases - 3 months bond.

Employees
1 Manager + 3 parttimers + 3 casuals

Comments
Miscell.- 1 -Outdoor seating $60+ other costs. - Miscell. - 2 - Delivery cost - This business is currently run under management - It would suit any cuisine or simply a cafe.-This is an excellent opportunity to own a business in a very successful strip full of cafes and restaurants. - Very good layout and set up - a must to inspect.
Figures
Weekly Sales $28000
Rent (ex GST) $3500
Wages $8500
Profit $4290

SBX Business Code: FN1128

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014624570
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Category
Last updated  16 Jul 2019
Map for Randwick NSW 2031Randwick NSW 2031
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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