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Food, Beverage & Hospitality business for sale in Newtown

  • Food, Beverage & Hospitality
  • Newtown NSW 2042
  • $129,000 (GST na)

Ref: 2331, Thai Restaurant, Inner West

***Less Than 1 Year Return***
Modern, stylishly designed Thai Restaurant.
Situated on one of Australias best and busiest main street, in Newtown.
Current employees are running this very busy business.
However a little more guidance is required.
Husband and wife have interest in Thailand and are unable to provide adequate assistance.
Massive opportunity for owner operator to intervene and cut the wages in half or leave it 100% under management. As $4,000 profit a week is plenty.
Best location in Australia with the biggest Hospital R.P.A at only walking distance and Australias Universities.
This enables a variety of traffic, including Dr's, Nurses as well as thousands of Uni students.
This business comes with 3 bedrooms upstairs including shower and toilet.
This easily can be sub leased at minimum $760 per week or move straight in.
Trading hours 11am - 10.30pm 7 days, providing ample opportunity for increase in profit.

TURNOVER: $22,000
PROFIT: $4,000
LEASE: 3 + 3 + 3 Years
RENT: $2,763.32 Including G S T (includes 3 bedroom upstairs)
WAGES: $4,200
STAFF: Husband & Wife work only when needed, 2 Full Time, 6 Part Time
TRADING: Monday - Sunday 11.00am - 11.00pm

Please ring 02 9554 8064 for more information or

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Business Highlights

Business ID2015008363
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Last updated  20 Jun 2019
Map for Newtown NSW 2042Newtown NSW 2042
GE Real Estate & Business Agents
308a Kingsgrove Road Kingsgrove NSW 2208

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