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Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • $185,000 (GST na)

SF1597 - Business For Sale - Restaurant Restaurant - Takeaway - Sydney CBD - Thai Cuisine - Haymarket Close to theatre

Restaurant - Takeaway - Thai Cuisine - Delivery - Sydney CBD
SBX Business Code: SF1597
Restaurant, functions and takeaway 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 Jan - Dec 2019 weekly average - Please see all the photos provided with this listing - Jan 2021 Frozen the Musical is now on at the theatre

Potential
Promote and expand catering could further increase sales and profit - Increase social media presence - Could promote coffee - Do more home delivery - Promote functions and 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. - 11 p.m.

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

Employees
One owner + 3 full timers (2 cooks, 1 front of house) + 4 / 6 casuals

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 Sales shown are Jan - Dec 2019 weekly average -- A must to inspect but please be very discreet and call your broker for more details. Price dropped!!
Figures
Weekly Sales $27600
Rent (ex GST) $5600
Wages $6500
Profit $6040

SBX Business Code: SF1597

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Business Highlights

Business ID2016402403
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Last updated  27 Jul 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Business Highlights

Business ID2016402403
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  27 Jul 2020
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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